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Updated over 6 years ago, 08/15/2018

Erin Lorenz's profile image
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Erin Lorenz
  • Member since Aug 10, 2018
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Erin Lorenz's profile image
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Erin Lorenz
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Erin Lorenz
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Private Lending & Conventional Mortgage Advice

HELOC for Rental Property

Erin Lorenz
Posted

Anyone in the Milwaukee, WI area know of a bank or credit union that will do a HELOC on a rental property (not owner-occupied)? I'm having trouble finding one. Thanks!

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Alan Grobmeier's profile image
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Alan Grobmeier
  • Rental Property Investor
  • from Phoenix, AZ
  • Member since Nov 20, 2013
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Alan Grobmeier's profile image
Alan Grobmeier's profile image
Alan Grobmeier
  • Rental Property Investor
  • from Phoenix, AZ
  • Member since Nov 20, 2013
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Alan Grobmeier
  • Rental Property Investor
  • Phoenix, AZ
911
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919
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Alan Grobmeier
  • Rental Property Investor
  • Phoenix, AZ
Replied

Wells Fargo will do up to 60% ltv.   Good luck!

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Frankie Woods
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  • from Arlington, Virginia
  • Member since Oct 25, 2012
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Frankie Woods's profile image
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Frankie Woods
  • Investor
  • from Arlington, Virginia
  • Member since Oct 25, 2012
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Frankie Woods
  • Investor
  • Arlington, VA
491
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Frankie Woods
  • Investor
  • Arlington, VA
Replied

PenFed will do up to 80% LTV

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Erin Lorenz
Replied

Fantastic!  Thank you both!

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Martin L.
  • Rental Property Investor
  • from Las Vegas
  • Member since May 11, 2018
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Martin L.'s profile image
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Martin L.
  • Rental Property Investor
  • from Las Vegas
  • Member since May 11, 2018
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Martin L.
  • Rental Property Investor
  • Las Vegas
86
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87
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Martin L.
  • Rental Property Investor
  • Las Vegas
Replied

PenFed requires you to be a member, but you can just sign up (and pay a small fee) for one of the military support clubs and qualify.

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