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Updated over 5 years ago on . Most recent reply

User Stats

108
Posts
42
Votes
Paul C.
  • Atlanta, GA
42
Votes |
108
Posts

HELOC on Investment Property - Georgia

Paul C.
  • Atlanta, GA
Posted

Hi everyone,

I am looking to get a HELOC on my first rental. However, I have called over 20 banks/credit unions and none of them offer a HELOC on a rental property except Wells Fargo. Has anyone found any banks that offer these or does anyone have any other suggestions? Thanks!

Most Popular Reply

User Stats

31
Posts
5
Votes
Amanda Wheeler
  • Foreclosure Specialist
  • Pensacola, FL
5
Votes |
31
Posts
Amanda Wheeler
  • Foreclosure Specialist
  • Pensacola, FL
Replied

I've been looking through the threads and found the following mentioned do offer HELOC's on investment properties,

PenFed

TD Bank

BOA

(Local Bank)

Wells Fargo

Union Bank

US Bank

Boeing Employee Credit Union

GTE Financial Credit Union

Bank of the west

First American Bank

First Midwest Bank

Don't know which will apply to your state but may be worth the few more call to find out, happy hunting :)

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