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Updated over 8 years ago on . Most recent reply

Curtis H.'s profile image
Curtis H.'s profile image
Curtis H.
  • Investor
  • from Los Angeles, California
  • Member since Mar 21, 2011
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305
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Curtis H.'s profile image
Curtis H.'s profile image
Curtis H.
  • Investor
  • from Los Angeles, California
  • Member since Mar 21, 2011
Connect
Curtis H.
  • Investor
  • Los Angeles, CA
56
Votes |
305
Posts
Private Lending & Conventional Mortgage Advice

Down Payments with HELOC

Curtis H.
  • Investor
  • Los Angeles, CA
Posted

I hear that lenders don't like for you to use these for your down payments. Is that most lenders or a few lenders? Also, if so, are people putting the funds in their account say 3 months or more in advance so there is no new deposit that shows in their account. I know people are using HELOC to fund down payments, I'm just curious if there are any hurdles to overcome.

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