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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceEasiest HELOC right now?
Stephanie Crawford's profile image
Stephanie Crawford's profile image
Stephanie Crawford
  • Real Estate Agent
  • from Nashville, Tennessee
  • Member since Nov 29, 2012
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Stephanie Crawford's profile image
Stephanie Crawford's profile image
Stephanie Crawford
  • Real Estate Agent
  • from Nashville, Tennessee
  • Member since Nov 29, 2012
Connect
Stephanie Crawford
  • Real Estate Agent
  • Nashville, TN
5
Votes |
4
Posts
Private Lending & Conventional Mortgage Advice

Easiest HELOC right now?

Stephanie Crawford
  • Real Estate Agent
  • Nashville, TN
Posted May 13 2024, 11:11

I need to pull out about 100K from my personal residence for a project. I just started an application with Bank of America, which is where I do my banking, but damn, they want a complete application with records on all six of my properties, P&L statements, insurance riders, and the whole nine yards. This seems like overkill for a line of credit. 

Wondering if there is a simpler way. Any tips? I'm in Tennessee. It must be a "line of credit" where I can make draws, and not a home equity loan. 
Thanks! 

Nashville, Tennessee
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