Home Asset Management Accounts
Most of the info that I have read about these morgages( home asset management accouts) state that you need solid credit. What exactly does this mean score wise? 
How many companies offer the product currently?
why exactly do you need a home asset management account? why can't you use standard fannie mae or freddy mac where minimum score on owner occupied is 620 and investment is 660. if you want you can give me a scenerio and I will try to assist you
Thanks. Here's the deal: I plan to take equity out of my current home and put it down as a payment on a new home. I plan to sell but cannot do so for two years to avoid capitol gains (It has been my primary residence but I just recently acquired the deed of ownership) I would like to use the equity in the new home to pay for renovations to sell the old home for a larger profit. I would, of course, pay off the loan on the original home at sale.