Mortgage Insights by Fred Chilton

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Practical guidance from your mortgage broker.Fred Chilton · West Capital Lending · NMLS #1810817Watch Fred explain the numbers →

Home equityOctober 19, 20263 min read

Can you get a HELOC if you already have two mortgages?

The short answer

Yes, a third-lien HELOC may be an option when you already have a first mortgage and a second mortgage or home-equity loan. Through West Capital Lending, Fred Chilton offers an option up to 70% combined loan-to-value (CLTV), subject to the property, state, credit, income, title, and program requirements. It can add financing behind the existing liens without replacing those mortgages.

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