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Permalink Reply by Janie Booth on April 25, 2011 at 9:29am

Rueben, please see the attached article. I think it will answer your question. Everyone should read as it is helpful in trying to explain to out of state negotiators about how it works here in California.

Attachments:

• Fraud & Waste.pdf, 88 KB

Permalink Reply by Isaac Ramirez on April 25, 2011 at 10:45am

Depends on the approval and what it says due to it being a HELOC first , as of right now if there is a true hardship and you are getting market value for the home you should be ok but read your approval clearly