This would never go through the Fannie Mae or Freddie Mac computer approval. Manual overrides are non-existant.
You can hopefully get more income for your renta ... more
While i do not know the legality of raising the rate the HELOC, it is still considered a mortgage since it is liened against the property. i would go back over the paperw ... more
The best short answer is, "it depends."
Let's separate assets from down payment for a minute. Many other posts here on Trulia have addressed the down payment issue, so I ... more