can i get a home equity loan from a property located in PR, territory of US, while living in US?

Question

I moved from PR to FL, and would like to consolidate debts.

Answer 1

unless you owe nothing on the house in PR, the answer is likely "no".

you probably can re-finance it, paying off the existing loan. Be advised that since you don't like there, it'll not be 'owner occupied' and will therefore cost more in interest and be more difficult to find a lender.


GL