How else can I pull equity?
Ok so I need to find out how to pull more money out of my house, help!
So we have a first mortgage of $ 203k on the home… We also have a $ 88k HELOC on the home… When we got the HELOC a couple months ago the loan company did a automated home valuation and the numbers came back as follows…
Estimated Low Value: $ 366k
Estimated Market Value: $ 420k
Estimated High Value: $ 481k
I would like to pull as much money out of my home as possible what other options do i have? I cant get another equity line, can I? Can I do a second mortgage on top of the fisrt and the HELOC? How can I access the remaining equity?
Also based on the estimated numbers what is my home worth?