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User Stats

23
Posts
19
Votes
Jordan Harrill
Pro Member
  • Rental Property Investor
  • California, CA
19
Votes |
23
Posts

HELOC Options in Indiana

Jordan Harrill
Pro Member
  • Rental Property Investor
  • California, CA
Posted

Hello BP Community, 

Does anyone have any suggestions for local community banks or credit unions in the Indianapolis area, or Indiana in general, for pulling a HELOC on an investment property? I've been looking at some of the online lenders (Better, Figure, Rocket Mortgage, etc) and while they offer a decent product, perhaps there is a lender who is local to Indiana that would offer a HELOC with better terms? Thank you in advance!

Jordan

  • Jordan Harrill
  • User Stats

    425
    Posts
    409
    Votes
    Denver McClure
    Pro Member
    • Financial Advisor
    • Dallas, TX
    409
    Votes |
    425
    Posts
    Denver McClure
    Pro Member
    • Financial Advisor
    • Dallas, TX
    Replied

    Hey @Jordan Harrill, we have several lenders in Indiana that can get this done. Feel free to reach out if you'd like to chat sometime.

  • Denver McClure
  • User Stats

    1,280
    Posts
    1,306
    Votes
    Josh C.
    Pro Member
    • Property Manager
    • Indianapolis, IN
    1,306
    Votes |
    1,280
    Posts
    Josh C.
    Pro Member
    • Property Manager
    • Indianapolis, IN
    Replied

    Most of the local banks and credit unions want you to be a local resident unfortunately. All the ones I know require that.

    Good luck, but likely have to go with a big guy.

  • Josh C.
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