Financing in Manhasset>Question Details

Anonymous987, Home Buyer in Oceanside, NY

Who is offering a high (100%) LTV HELOC or Home Equity Loan in Long Island? Looking to use for remodel purposes.

Asked by Anonymous987, Oceanside, NY Tue Oct 8, 2013

Help the community by answering this question:


In this situation best way would be to have the contractor finance all the cost of remodeling or seek a stand alone construction/remodeling loan from lenders. Depending on your overall situation even FHA 203K home renovation loan may make sense. There is no lenders that I can think of that will simply give you a 100% LTV HELOC or Home Equity, most you may be able to get is 85 CLTV.
If this information was helpful please select the Best Answer option. Please get in touch with me if you need to speak to me.


Sanjeev Ahuja NMLS # 148731
Mortgage Broker
Home Funding LLC
110 Jericho Turnpike Ste 214
Floral Park, NY 11001
Direct Ph 917-517-2552
NYS Registered Broker, Department of Financial Services, Loans Arranged through third parties NMLS # 885573
0 votes Thank Flag Link Sun Nov 17, 2013
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