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Updated about 3 years ago,

User Stats

50
Posts
2
Votes
Sophia Berry
  • Investor
  • Lithonia, GA
2
Votes |
50
Posts

HELOC on an Investment Property

Sophia Berry
  • Investor
  • Lithonia, GA
Posted

Hello all,

Does anyone know of a Bank or Credit Union that will do a HELOC on an Investment property? The property is located in CA. I already have a HELOC with PEN FED however, was denied to increase the limit because of my DTI was at 50%. My credit is fine and I have really no debt however; my student loans which has been in forbearance and technically not due until 2023 is what is killing my chances.

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