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Updated almost 8 years ago on . Most recent reply

User Stats

34
Posts
3
Votes
Eric Hamilton
  • Thornton, CO
3
Votes |
34
Posts

Heloc on my primary then turn to rental

Eric Hamilton
  • Thornton, CO
Posted

Hi I have a question I know if you sell your house and have a 2nd mortgage it is usually due. 
But if I borrow against my heloc for a rental property  and then turn my primary house into a rental will they make me pay it back before I move to another primary residence? I would see no reason why as its still in your name and are making payments on it? Any advice is appreciated.

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