After purchasing a home, how long must I wait before I can be approved for a Home Equity Loan?

sdavid79 asked: I’m interested in buying an invesment property but the home needs a little work. I’d like to get a Home Equity Loan to cover some of the renovation costs. Would I be able to get a Home Equity Loan immediately after closing on the mortgage? If not how long must [...]

How long do you have to wait for a home equity loan?

*Rock*Girl* asked: How long after purchasing a home do you have to wait to take out a home equity loan? Do you have to re-close? Are there loan you can take out beside equity if you own a home?

Can a person get a home equity loan on a house while they are trying to purchase it if the appraisal allows ?

kerry f asked: I am wandering about purchasing a home which the apprasial is $110,000 but I can buy it for $60,000. I am wandering if I can borrow the 60K and and then get a home equity loan for 25K for improvements to the property?