Asked in Home Equity and RefinancingHome Buying
Can you get a home equity line of credit based on tax assessment value?
January 24, 2008 2:50AM
There are several lenders that will use the assessed tax basis. Several lenders are now moving away from tax valuations, but you may still be able to find a few. I have a couple in my practice.
Equity lines are an excellent safety net!
Contact a mortgage expert!