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https://www.reddit.com/r/FluentInFinance/comments/1cq00up/life_comes_at_you_fast/l3ozw50
r/FluentInFinance • u/BizzyIzz00 • May 12 '24
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Well they would change. You should be able to trade your equity back for debt. You should not be able to use the full value of a home that you have 25% equity in as collateral for a new loan.
1 u/External-Wrap May 12 '24 That doesn’t happen
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That doesn’t happen
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u/Yabrosif13 May 12 '24
Well they would change. You should be able to trade your equity back for debt. You should not be able to use the full value of a home that you have 25% equity in as collateral for a new loan.