Posted on: 06th Dec, 2008 01:35 am
will i be able to get a home equity loan on a house i obtained from my brother using a quit claim deed? i was told i have to wait a year before getting a loan on this property. any advice? thanks.
Hi ateinvestments
If the property is in your name, then I don't think you will face any kind of problem getting a loan. In my opinion you should consult some more lenders and check what they have to say in this regard. You can also seek a no obligation free mortgage consultation from the lenders of this community. This can help you in comparing the mortgage rates and select the one which you can afford.
Thanks.
If the property is in your name, then I don't think you will face any kind of problem getting a loan. In my opinion you should consult some more lenders and check what they have to say in this regard. You can also seek a no obligation free mortgage consultation from the lenders of this community. This can help you in comparing the mortgage rates and select the one which you can afford.
Thanks.