HELOC possible w/ covid forbearance lien?

[Anonymous2]

I've cleaned up my credit a ton the past year (still waiting on stuff to fall off on ex & EQ but my TU is shiny clean and sitting at 825 FICO from a start around 630)

I would like to do a HELOC but I'm wondering if banks (I was planning for navy federal) will approve it with a COVID forbearance lien?

I have at least 200k in equity and the forbearance lien is <35k if relevant.

thanks

[ShanetheMortgageMan]

Yes, you could get a HELOC with the forbearance lien, however, unless the HELOC is willing to go into 3rd position on title, then the forbearance lien will need to be paid off with your new HELOC.