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HELOC Options in Indiana
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
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.
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Financial Advisor Texas (#7319835)
- Apollo Advising
- https://www.apolloadvising.com/
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.
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Property Manager
- CityPlace Property Management