HELOC on UTAH rentals

[Ryan Mertens]

Looking for a HELOC (or possible cash out REFI) on a few rentals in UTAH. Both duplex A properties.

I know ZIONS does them here, but with very high origination fees. (1% of loan+ closing and I cover the appraisal.

Vectra bank in CO does them(owned by Zions) but I have to own or live in CO for them to do the loan on my Utah properties.

Can anyone help me out with some referrals. 

Prefer 10yr I.O. on a 20yr am.

Thanks guys

[Jaiden Olsen]

I'd recommend Wasatch Peaks Credit Union, Weber State Credit  Union, or University Credit Union. They have a lot more flexibility than some of these bigger banks, because they hold their loans in house.

Good Luck!