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Updated 4 months ago,
Status of HELOC on Primary when Converting to Rental
Hello, if I have a HELOC on a primary home and I move out to convert the house into a rental property, do credit unions/bank typically have an issue with that? I know they do not like to give HELOC on investment properties. In this case, everything was done when the house was a primary.
I know the other option is not to tell them but I would need to do an address change which may flag this.
Thanks in advance!