1,078,091
Turn times will vary greatly, but a line of credit is usually only somewhat faster than a full blown first lien mortgage. It does depend how much equity they have and how well qualified they are - if it's a 'slam dunk', the process shouldn't take more than a couple weeks provided an appraiser can get out there quickly.
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Sandy Padula & Norm Pa...
, CA
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Michael Jacobs
Pasadena, CA
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Pete Xavier
Pacific Palisades, CA
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Fred Griffin Florida R...
Tallahassee, FL
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Bob Crane
Stevens Point, WI
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Wanda Kubat-Nerdin - W...
St. George, UT
6,417,434
Call John Meussner
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Pete Xavier
Pacific Palisades, CA
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Bob Crane
Stevens Point, WI
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Wanda Kubat-Nerdin - W...
St. George, UT
902,038
Depends on the bank, on client's cashflow and overall credit profile, also how fast appraisal can happen and so on. Plan on about 30 days.
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JoAnn Moore
Georgetown, DE
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Wanda Kubat-Nerdin - W...
St. George, UT
5,772,581
Wanda,
Glad you have your answer from John Meussner . A
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Pete Xavier
Pacific Palisades, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
5,112,471
Getting any HELOC will depend on how qualified someone is, who organized their paperwork is to submit to the lender, and then on the lender, as well.
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JoAnn Moore
Georgetown, DE
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Wanda Kubat-Nerdin - W...
St. George, UT
1,506,013
Usually a couple of weeks, or less. Depends on the bank you go through. Most need an inspection of the property and an appraisal.
John Meussner is my first thought for a CA lender that can help.
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Pete Xavier
Pacific Palisades, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
2,684,569
Where is John Meussner
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Pete Xavier
Pacific Palisades, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
4,582,184
John Meussner to the rescue. Again. I suggest putting John into your phone.
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John Meussner
Fair Oaks, CA
3,349,404
I have a great CA lender resource Wanda Kubat-Nerdin - call me for details!!!!
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Wanda Kubat-Nerdin - W...
St. George, UT
1,553,319
Jason E. Gordon is your #1 resource for that!
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Wanda Kubat-Nerdin - W...
St. George, UT
4,434,177
4,960,449
809,258
I'm not in California but our equity line took about 3 weeks here in Idaho. -Kasey
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Wanda Kubat-Nerdin - W...
St. George, UT
2,784,566
This is a good question Wanda...let's find out
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Wanda Kubat-Nerdin - W...
St. George, UT
7,863,184
They may wish to contact their own bank.
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Wanda Kubat-Nerdin - W...
St. George, UT
5,239,001
The major banks such as Chase or Wells Fargo can do an equity line in a week if the borrower has equity and good credit!
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Wanda Kubat-Nerdin - W...
St. George, UT
5,027,077
I would call some of your favorite lenders but would think this would not take more than 3-4 weeks at most.
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Wanda Kubat-Nerdin - W...
St. George, UT
1,712,776
Why not call a few you have worked with?
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Wanda Kubat-Nerdin - W...
St. George, UT
5,583,328
sounds like a "slam dunk" that shouldn't take more than a three weeks....
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Wanda Kubat-Nerdin - W...
St. George, UT
1,617,916
3,071,489
1,728,156
4,800,132
1,624,653
4,319,773
Wanda Kubat-Nerdin - I think in most part of the USA, it should not take very long!
3,986,308
Great question...In Minnesota, once we find a lender it would take aabout the same time as a regular mortgage.