Can you take a house you presently own and use it as a down payment for a new one?Own our home free and clear. Would like to keep it to use as rental property. Can I use my home as collateral for a home loan? If so, how does that process work? February 28 - Soddy-Daisy00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.