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I'm going through a divorce and I want to keep the house if possible. I though about refinancing the house and taking out an additional 25k to pay off my wife. The lender said I could only take out 80% of the loan which come out to 7-9k. Would it be feasible to refinance 177k and then turn around and take a home equity loan for 25k. I have around 50k equity.

Thank you

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I doubt you can get a home equity loan with more than 80% LTV. It looks like the 7-9K you got is pretty generous. – littleadv Feb 13 at 21:12

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