Is it true you can get a home equity loan after 30 days?

How long do you have to live in a home that appraised higher than what you paid to get a home equity loan? Our credit is now damaged, is it still possible?

Should I refinance Home Equity loan to consolidate credit card debt (I am buying a new house in 120 days)?

Consider this: 1. I have $30k in credit card debt. 2. I have a 1st mortgage for $200k (4%) and a Home Equity line of $170k (at prime rate) with no additional credit available. 3. I am buying another house at the end of April. Would I be better off refinancing my Home Equity and [...]