Home > Case Study, HELOC, Investment Property, Line of Credit > Case Study – HELOC on cross collateral of Primary Residence and Investment Property (Calabasas)

Case Study – HELOC on cross collateral of Primary Residence and Investment Property (Calabasas)

helocOPPORTUNITY: Interested in tapping equity in investment property at lowest interest rate, request for new line of credit for further real estate investment and improvements.

PROFESSION: Construction NET WORTH: High Net Worth

SOLUTION: HELOC ON CROSS COLLATERAL OF PRIMARY RESIDENCE AND INVESTMENT PROPERTY

Value: $1,650,000

Mortgage: $1,158,000

Value: $995,000

Mortgage: $0

LINE OF CREDIT: $693,000

CASE CLOSED JUNE, 2012

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