can you use the equity in a home as a down payment as apposed to cash?i have a 7 year arm on the house i am living in. it appraises for 155000.00 but i only need 103000.00 to pay off the 7 year arm. therefore i will need to finance the 103,000.00. is it possible to use the equity in the house ( the $52,000.00) as the down payment without using cash?January 23 2009 - Moundsville0YesReport 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.