Need advise dealing with banks...

[Will Pardo]

Hello all, So I have my HELOC. I have access to the MLS through a great broker who is willing to help me out. I’m also in the process of trying to get prequalified. I’d like to shop around with other banks but I’m curious if I should be telling them the mortgage is for a rental property or a purchase of a 2nd home? In addition, do I even say that I’m using the HELOC for the down payment or not? Any advice or opinions are welcomed. Thanks!