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Updated almost 6 years ago,
Heloc approach to out of state property
I have a property that has about 150k in equity. I just moved down to Wake Forest, NC and the property that i own is in NJ.
Do i need to approach a bank or lending institution here in NC or does it have to be back in NJ. Or does it even matter?
If so does anyone have a recommendation for a local lender that offers good ltv and rates on helocs in the Wake Forest/Raleigh area?
Appreciate in advance.