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Return To Equity FAQ Archive   Can an equity loan be transferred from one property to another? Answered By Editor No, when you get a new home loan, generally, you need to re-apply for a new home equity loan. This is the same for when you refinance your home loan. Equity lines, loans and mortgages are tied to specific properties. A property is qualified based on its appraisal and amount of equity an owner has in the property. The loans (lines) are generally recorded as liens on the property. In order to move your ability to borrow from one property to another, you would have to pay off the first loan and then open the new one. You may be able to work with a bank to make this happen simultaneously, but the technical aspect is that the line doesn't move. A new loan must be taken out. keywords: Equity | Home Equity | Home Equity Loan | Mortgage | Property | Real Estate | Line Of Credit | Loans Reo Asset Management Financial Asset Management

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