Posted on: 06th Aug, 2013 12:56 am
My home is up for sale. Why can't I get a home equity loan on that home?
Hi Guest,
As your home is up for sale, none of the lenders are ready to provide you with a loan as they always have the fear of losing the money and not getting the interest payments. It will be better if you could remove the property from the listing and then look out for loans.
Take care
As your home is up for sale, none of the lenders are ready to provide you with a loan as they always have the fear of losing the money and not getting the interest payments. It will be better if you could remove the property from the listing and then look out for loans.
Take care
Welcome Guest,
Sara is right in saying so. As the home is listed in the market for sale, the lenders will not be ready to offer you a mortgage on it.
Sara is right in saying so. As the home is listed in the market for sale, the lenders will not be ready to offer you a mortgage on it.