selling, home equity loan–what happens?

Tips and Deals Forums Buying Your Home Buying Your Home selling, home equity loan–what happens?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 6 years, 1 month ago.

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    Anonymous

    my husband and i want to move back to our hometown, but we’ve only owned our home for 2 years and have a home equity loan that we rolled our other debts into. we won’t be able to sell our home for the full amount we owe on both our mortgage and the equity loan–just the mortgage, and maybe a little more than that, but not 100%. what happens in this situation?

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