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re: Where can I get a HELOC if I have two mortgages on my house?

Posted on 8/17/17 at 9:31 am to
Posted by MontyFranklyn
T-Town
Member since Jan 2012
23832 posts
Posted on 8/17/17 at 9:31 am to
You can't. A HELOC is a 2nd or 1st mortgage itself. In your case it would have to be in the 2nd position. Your best bet is to either refinance both mortgages and cash out any remaining equity or use the remaining equity on a HELOC.
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