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Updated almost 7 years ago on . Most recent reply

User Stats

304
Posts
222
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Ashley Pimsner
  • Rental Property Investor
  • Saint Charles, IL
222
Votes |
304
Posts

Heloc for a non owner occupied 3 flat

Ashley Pimsner
  • Rental Property Investor
  • Saint Charles, IL
Posted

Hello,

Are there any lenders who do Helocs or 2nds on a non owner occupied investment property?

Currently I have an ltv of 48% and want access to 50k for a dp for another investment property which would put me at 70% cltv.

Thanks in advance for any assistance as I would prefer to keep my lower rate on a 20 year am rather than refi at higher rate and hit reset button on loan term.

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