can the person on title take a home equity loan?
Written By: admin on September 18, 2009
One Comment
can the person on title but not on the loan take a home equity loan? and if so what would the qualification be?
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Tags: capital one, debt reduction loans, equity interest rates, equity loans, Home Equity, home equity loan, home loan, home park, loans bad credit, pitfalls, rates mortgage, refinancingTags: capital one, debt reduction loans, equity interest rates, equity loans, home equity loan, home loan, home park, loans bad credit, pitfalls, rates mortgage, refinancing
Yes..but all owners must sign the closing papers. In other words, you can not take out a home equity loan without all owners agreeing.
Qualifications would depend on the lender.