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If I’m buying another home in a different state can I refinance or use my homes equity to buy the other home?
Question by indygyal: If I’m buying another home in a different state can I refinance or use my homes equity to buy the other home?
I have a 2 family home in Massachusetts. The value is 246,700.00. I owe only 139,000.00. Can i refinance and use equity to buy another home in Florida. I plan on moving to Florida eventually and would like to use the money for a downpayment.
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Tagged another, Buying, different, equity, home, homes, Refinance, state
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Buying and Financing Pools in California
(PRWEB) November 17, 2004
Equity Loans and home improvement loans are the same right? No, they are not. And here’s why there is such a huge difference between a pool home improvement loans and a home equity loan: a home improvement loan allows add-back of the contract and will qualify you for better rates.
With Lyon, they are the mortgage broker and they work for you. They have no other vested interest. And if you live in California, you have an added advantage: Lyon Financial is a direct lender there. They make all their our own decisions and they make them promptly, knowing the lifestyles and demands and needs of California homeowners.