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Updated about 9 years ago on . Most recent reply

User Stats

48
Posts
10
Votes
Kahanu Noa
  • Investor
  • Maui, HI
10
Votes |
48
Posts

Home Equity Loan on Non-Owner-Occupied SFR Hawaii

Kahanu Noa
  • Investor
  • Maui, HI
Posted

Any recommendations on reputable lenders that does home equity loans or HELOC on a non-owner occupied SFR?

LTV is currently at 63%. I would like to find a home equity loan or HELOC as opposed to a refi because rate is currently 3.5% and cash flows well. Still early in my search but I know PenFed will loan up to 80% LTV on non-owner occupied.

Would like to use money to buy raw land or another investment property and appreciate any feedback.  Thanks

  • Kahanu Noa
  • Loading replies...