Can you add spouse to heloc if they are not on first mortgage

2 Replies

Hi everyone,

I have a heloc related question. I have a rental property in NC that has built up some equity. I wish to get a heloc on that to use as a down payment on another home. I will not qualify with my debt to income at the moment due to my most recent purchases. I am wondering if I add my wife to the heloc and they take her income that may be a way to qualify.

Can I have her on the heloc if she is not on the first mortgage of the home?

Thanks so much.