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YES AND NO. depend how it affects your LTV and liens. As long Loan to Value is less than 80% does not matter who financed your house you can get the HELOC to the amount of 80% LTV. Some times it may change by the lenders internal policies.

Also how the lien on your title is affected by private loan and if there is any condition that may affect your additional borrowing. Check the documents before you apply for the HELOC.

Best bet contact the local small banks. They do not charge any fee for the HELOC. You do not need an agent for it.

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How can I sell a financed car to a private party?

To sell a financed car to a private party, you need to first check with your lender to see how much is left on the loan. Then, you and the buyer can agree on a price that covers the remaining balance. The buyer can pay you directly, and you can use that money to pay off the loan and transfer the title to the new owner.


Are you a private party selling a car?

No, I am not a private party selling a car.


Is the interest deductible when you use a home equity loan to pay off a second mortgage?

The interest on the second mortgage is deductible but not the home equity loan. If you could deduct the interest on the equity loan also, then you would be double dipping and the IRS doesn't like that. In every situation, one party can and the other party can deduct the interest. Someone has to pay tax on the money transfer.


What are the benefits of purchasing a car from a private party seller?

Buying a car from a private seller can often be cheaper than buying from a dealership. It also allows for more flexibility in negotiations and can sometimes result in a simpler and quicker transaction process. However, private party sales may not offer the same level of warranty or guarantees as buying from a dealership.


What are the advantages of purchasing a vehicle through private party car sales?

The advantages of purchasing a vehicle through private party car sales include potentially lower prices, more room for negotiation, a wider selection of vehicles, and the ability to buy directly from the owner.

Related Questions

How can I sell a financed car to a private party?

To sell a financed car to a private party, you need to first check with your lender to see how much is left on the loan. Then, you and the buyer can agree on a price that covers the remaining balance. The buyer can pay you directly, and you can use that money to pay off the loan and transfer the title to the new owner.


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Sweat Equity - 2006 The Party Yard was released on: USA: 7 November 2012


Are you a private party selling a car?

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There is no song called "Private Party". However, there is a song called "Party for Two" by Shania Twain, which has the words "private party" in the lyrics.


When was Private Beach Party created?

Private Beach Party was created in 1985.


When was Private Party created?

Private Party was created on 1990-08-14.


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Some one is having a party and it is private = Fiesta privada As in a private person (Party of the first part...) = Parte privada


Who sings the party song?

There is no song called "Private Party". However, there is a song called "Party for Two" by Shania Twain, which has the words "private party" in the lyrics.


Where is The Beach House Restaurant located?

The Beach House Restaurant is located on the island of Kauai, Hawaii. The Beach House Restaurant offers weddings spaces and private party spaces. They also offer a merchandise store.


A private meeting of political party leaders was called a?

A private meeting of political party leaders was called a Tradition


When was Private Party Collectors Edition created?

Private Party Collectors Edition was created on 2000-12-05.