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I would like to refinance a co-op and possibly get a HELOC. The property is worth $1,000,000 and there's no current mortgage.

I only get Social Security income. There is no mortgage on the property.

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  Answers  |  1

October 31, 2018

Contact a lender who is local to you and familiar with co-op loans for some options. The amount you are able to borrow will be tied to your Social Security income.

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