if you budget for it. If your current home is listed for sale, it will depend on your lender's guidelines allowing you to get a loan on a house you are selling. Some of my borrowers use their equity lines on primary to purchase new home or second home. Ask your lender.
As long as your income and credit qualify you, yes you can
ARE you looking for additon money, to add a room, or remodel? there is a new loan out there for this, I will check your state to see if it is offered there .. linda yourloanpartnerforlfie@live.com
Your question is confusing.. You can get a new loan for a new home so long as you meet all eligibility requirements.. and if you have an existing HELOC on another property, then again.. so long as you have enough income to service all your debt and still be within the lenders allowable debt to income ratios, then yes.. If your asking can you purchase a new home and then get a home equity loan on the same loan, then it's unlikely to happen unless you put enough money down.. on purchase transactions, lenders have maximum loan to value AND Combined loan to value.. I'm not sure if I answered your questions, so feel free to contact me for more info.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
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