HELOC lenders in SoCal

[Mike Minigell]

Hello!

I am seeing if anyone knows of any good lenders to work with for a local bank in the California area . I am looking open a HELOC against my current home valued around 1.5m . I do not have a mortgage or anything against the home .

Would like to work off a referral maybe someone had a good experience with in the past.  Happy to provide more information, Thank you !

[Dennis Muno]

I will say that while there are banks that have a good/bad reputation, usually your HELOC rates and terms depend on the value of the home and the equity on the property.

That being said, you should always check for Google reviews as a start.

I would always say the more banks/lenders you shop from the better you get to decide the best HELOC offer for you.

A way to do is, is to contact a local mortgage broker near you. They mortgage broker will usually on your behalf, go shop with multiple lenders(usually 10+) and provide you with offers. Then, you can decide the best HELOC offer for you. Good luck