M5POST - BMW M5 Forum - F90 - View Single Post - Mortgage loan getting transferred to another company

Alfisti · 01-28-2022, 10:56 AM

No tied to it.

So the mortgage is 300K, bank allows you to borrow $500K total, as you pay the $300K down your Line increase by same amount. So instead of 300 and 200 you are at 295 and 205 etc.

01-28-2022, 10:56 AM	#85
Alfisti Brigadier General 6503 Rep 3,032 Posts Drives: 2008 Saab 9-3 Combi Join Date: Nov 2014 Location: Toronto, Canada iTrader: (0)	No tied to it. So the mortgage is 300K, bank allows you to borrow $500K total, as you pay the $300K down your Line increase by same amount. So instead of 300 and 200 you are at 295 and 205 etc.
	Appreciate 0 Quote