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All Forum Posts by: Megan Stevenson

Megan Stevenson has started 2 posts and replied 3 times.

Classifieds

Post: HELOC for investment property in NY state

Megan StevensonPosted
  • Moon, PA 15108
  • Posts 3
  • Votes 0

Hi,

Would anyone be able to recommend a lender in NY state that would do a HELOC on an investment property?

Thanks in advance!!

0 Votes
Buffalo, New York
Private Lending & Conventional Mortgage Advice

Post: Mortgage Fraud red flag?

Megan StevensonPosted
  • Moon, PA 15108
  • Posts 3
  • Votes 0

Thank you for the replies!!

0 Votes
Pittsburgh, Pennsylvania
Private Lending & Conventional Mortgage Advice

Post: Mortgage Fraud red flag?

Megan StevensonPosted
  • Moon, PA 15108
  • Posts 3
  • Votes 0

I recently had a conversation with my lender and mentioned I would be purchasing a property as my primary residence.  I would live there while fixing it up then renting it out in a year.  She cautioned I need to be careful as this could be considered mortgage fraud if I do this multiple times in the same area.  Anyone have any insight please?

0 Votes
Pittsburgh, Pennsylvania