Gregory asked:
Just bought home in distress. FHA Loan. Appraised 410k, owe 300k. Need to pay commission to broker who found it for me and need equity to do so. Anyone aware of a lender that will let borrow equity within first year of purchase?
ISAAC
Just bought home in distress. FHA Loan. Appraised 410k, owe 300k. Need to pay commission to broker who found it for me and need equity to do so. Anyone aware of a lender that will let borrow equity within first year of purchase?
ISAAC

MICAH
You are on the road to losing your home when you have to get a HELOC in order to pay this debt. Kind of things that put us where we are in the industry.
DARREN
No lender is consider an old appraisal “equity.”
DAMON
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