Home Equity Loan without the 6 month seasoning requirement?
Hi fellow BP investors!
Well, I'm officially stuck and hoping someone can help point me in the right direction...
I recently purchased a primary residence and have spent the last 6 weeks remodeling and rehabbing. Among other things, I've added over 600sqft of living space to the home.
With the rehab/remodel complete, I now need to tap the equity via a HELOC or Home Equity Loan. But with every lender so far, I'm running into seasoning requirements of +6 months before a new appraisal can be used.
Does anyone know of a lender that doesn't have these seasoning requirements? I'm located in NC.
I'm beginning to wonder if I didn't think this through properly and am now learning one of those "very expensive" mistakes. Any suggestions would be wonderful and greatly appreciated :)