Home > Case Study, Line of Credit > Case Study- HELOC (Malibu)

Case Study- HELOC (Malibu)

OPPORTUNITY: Interested in having a Creditline available to improve commercial properties and/or purchasing power for a new property.

SOLUTION: HELOC.  DUE AN UNFORSEEN LOW APPRAISAL, AND PENDING EXPIRATION OF FIXED TERM ON EXISTING MORTGAGE, ROLLED EXISTING MORTGAGE AND NEW HELOC INTO A HELOC IN 1ST LIEN.

Value: $1,200,000

Mortgage: $508,000

LINE OF CREDIT: $908,000

CASE CLOSED

If you have a similar case, or question, please e-mail me on ceisaac@ymail.com

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