Saturday, September 6, 2014

Waiting period to obtain a Home Equity Loan after de-listing a house for sale?

I am ready for a house upgrade. However, I need to sell my current house for a certain price in order to have enough of a down payment for my target home. My Realtor's CMA does put it at the price I need. However, if I can't actually get that price, I'd like to instead take out a home equity loan to improve my existing home and remain another 2-4 years.

After de-listing my home, am I amble to obtain a home equity loan immediately after; or, is there a certain waiting period?

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