What are some key factors when comparing HELOC lenders?

[Craig Ebersole]

Good morning Bigger Pockets Community,

I have some equity in my current single family home rental that I'd like to access to purchase a second rental property. Based on my current loan and financial situation a HELOC looks like it would be my best option to fund this 2nd investment purchase.

I have never applied for a HELOC before, what are some key factors to look for when comparing HELOC lenders? What questions should I be asking the lender?

Thanks in advance!

-Craig