1) How do you get home equity loan on an existing home to acquire another property?
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5 Responses to “1) How do you get home equity loan on an existing home to acquire another property?”
Go to a bank and apply. You don't need to tell them why you want the money.
Don't tell the bank that is what it is for. Tell them it is for home impovements.
Read some tips and articles on loans on this site
go to your loan agent and say that you want to do "home improvements" – just don't tell them you're buying another home…
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