Hi Lydia,Will a bank make an equity loan under the following scenario:There are co-owners on the house title. The first person, who is the applicant for the equity loan, lives in the house. The second person, who is the second name, or co-owner on the house title, does not live in the house. The second person will be the co-applicant on the home loan. Short answer; SURE!Longer answer; It's non-vanilla, so you'll be best served with a good mortgage broker.Cheers,Dave DonhoffNational Mortgage Broker/Banker
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