Heloc question

[Oliver Martin]

Would most bank allow if you take out a heloc on your primary home and move out in a few months? Example to buy a condo with the heloc and move to the condo for the purpose of down sizing. The primary sfh will be rented out.

[Flavio Zanetti]

Whatever you do after you get a HELOC I doubt the bank will be checking out on you every so often...