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How can I make my late mortgage payment with avaibable equity in HELOC without a total refinance?

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cubsfan253 Joined: 13 Feb 2011 Posts: 1 1.27 Dollars($)	Posted: Sun Feb 13, 2011 1:42 pm    Post subject: How can I make my late mortgage payment with avaibable equit Like 0 Dislike 0 I am not going to be able to make this months mortgage payment. I am always on time. I have an 80/20 loan through BOA. I was wondering if BOA would let me use equity from my 20 loan to cover this months mortgage payment without hurting my credit?
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Sun Feb 13, 2011 8:23 pm    Post subject: Like 0 Dislike 0 Hi cubsfan, You'll have to speak to BOA in this regard and take their opinion. It will be the discretion of BOA whether or not they will allow you to use the equity to cover the mortgage payment for this month. _________________ Procrastination is the enemy of your financial success

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