Tom Sandoval Took Out Home Equity Loan on $2 Million Home

Find Out If They're Still Together When They Release Team Ariana Merch

Credit: Thompson / Media Punch / INSTARimages

Tom Sandoval and Ariana Madix may have bought a $2 million house in Los Angeles together, but, when it came to the home equity loan Sandoval took out on him, the money was for financing and Tom Schwartz‘s bar, Schwartz & Sandy’s.

As fans know, Sandoval announced plans to take out a loan to finance the space, which opens in November 2022, for nine episodes of the season. Vanderpump Rules in October 2021.

“He did the loan, but it was against his own equity. It didn’t affect me at all,” Ariana insisted Lisa Vanderpump then.

However, according to Lisa, it would be impossible for Sandoval to take out a loan “against his own equity” because he and Ariana are “co-owners”.

“I’m not sure Ariana understands the concept of making your home a guarantee,” she explained. “If they default on the loan, then the bank won’t come back and take half the house again. It’s like, ‘Ariana, you stay in bed. We just want Tom’s half.’ It’s not like that.”

However, Ariana feels that while Sandoval’s financial decisions are on her, the financial responsibility is on her.

Now, more than a year later, and weeks after the breakup, Sandoval asked her to have a relationship with him. Pump Rules friend and friend, Ariana Madixthe future of his home remains up in the air.

“Right now, Tom and Ariana are still living in the same house, but sleeping in separate rooms. There’s a lot to think about in terms of living conditions, but no plans yet,” an insider told PEOPLE on March 28, noting that Ariana is currently filming movies away from home.

In other news, Ariana took to her Instagram story earlier this week to announce the release of Team Ariana’s new product.

“Hey, I’m already on the set, so I have to be quiet and can’t talk long, but I really want to share something fun with you. So, if you go to this link, something cool. Okay, I love you. Bye!” he announced, as seen in the clip shared by a Pump Rules fan page on Instagram.

Also on her Instagram Story, Ariana shared a picture from her website, which featured various items, including an “I was born cool” hat, a “born f-cking cool” hooded sweatshirt, and a “cooler than you” crewneck. .

Vanderpump Rules' Ariana Madix launches website for Team Ariana Merch

Vanderpump Rules Season 10 airs Wednesdays at 9/8c on Bravo.



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