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Can I Transfer An Existing Home Equity Loan, Attached To My Current Residence To A New Residence?

Submitted by on Wednesday, 30 September 2009View Comments
Can I Transfer An Existing Home Equity Loan, Attached To My Current Residence To A New Residence?

I maintain a home equity loan a while ago and in this market, my equity has dropped significantly.
  If I market my house, I can pay off my 1st Mortgage, but I would like a balance of about $ 30,000 – $ 50,000 2. in Mortgage.
  Bring lender 2nd Mortgage on a new home?

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