Lisa
September 12th 03, 08:01 PM
Just purchased a "City program" house where the cost of the home was
significantly less than the value (about 130k) with the City to carry
the second lien.
I want to get a line of credit, but according to the City, I would
have to get a third mortgage or third lien to obtain that line of
credit.
I understand that this is something a lot of banks do not do. Does
anyone know of any banks that would do this?
significantly less than the value (about 130k) with the City to carry
the second lien.
I want to get a line of credit, but according to the City, I would
have to get a third mortgage or third lien to obtain that line of
credit.
I understand that this is something a lot of banks do not do. Does
anyone know of any banks that would do this?