Why does not the VA offer house equity loans or HELOCs?
To put it simply: since the VA just backs first-lien mortgages. A property equity loan (also referred to as a second home loan) is yet another loan to very first home loan (HELOCs work a little differently) and it is really an extra lien in your mortgage. Continuer la lecture de « Does the VA Provide a true home Equity Loan? »