You can access an HELOC at any time but for a home equity loan, you must
get a new contract approved each time you need more money after the initial lump sum.
Not exact matches
ALBANY — Gov. Cuomo will
get a
new $ 12.5 million helicopter to carry him across the state after the comptroller
approved a no - bid
contract, two days after a harrowing emergency landing of his old - school chopper.
But in a story last year, Politico
New York reported that 62 percent of donors had business or labor
contracts before the city, or were trying to
get a project
approved — including the union DC37, which was negotiating a
contract, and a manufacturer of scented garbage bags who eventually
got a
contract to provide them to the city.
It can also help you
get approved for a
new store card or mobile phone
contract.
You
get a large chunk of money once your home equity loan is
approved but to access the rest, you need to wait for a
new contract.
If we weren't notified and you placed our horse into a home you know nothing about, and did not allow us to
approve said home or
get a signed
contract with
new adopters, then when I find that horse in a sale barn, being neglected, etc., then I will seek legal counsel against the adopter of which we have a signed
contract with.
We went under
contract with a buyer,
got insurance to
approve the
new roof and scheduled a professional to place the
new roof on the home — all while still on track with the original closing date of just 30 days from
contract to close,» says Wilson.
The thing is, your Realtor knows that opening up
new credit can interfere with obtaining a loan even if you have already qualified, been
approved, and are in the process of
getting a home loan after putting a home under
contract.