Opening a HELOC on an Out-of-State Property

[Samantha Goetz]

Does anyone have any recommendations or tips on opening a Home Equity Line of Credit for an out-of-state property? I live in NC, but I have a rental property in Montana. I contacted a few local banks in Montana and they all say I have to come to Montana to be at the closing in person.  I'd prefer not to take a trip to Montana. 

I currently bank with USAA and their website says they no longer offer HELOCs. 

Any recommendations?

[Trenton Parks]

There are a number of local banks you can choose from.  The title company drives the closing documentation.  Some of the local companies used in Billings, that are also located out of state would be Stewart Title, Chicago Title, or American Title and Escrow.  These companies send paperwork to out of state buyers all the time.