JUMBO HELOC that go to or above $1mm limit

[Paul Lee]

Just cashed out on a primary/2nd home in AZ. Looking for jumbo HELOC. Preferably that will go to $2mm. I do most my business in WA and my commercial bank won't go to AZ. A national bank or a lender that has a brick and mortar representatives in WA would be great, but an internet lender or remote credit union is fine. I'd also go for a $1mm HELOC which will be about 33% LTV if the process is painless and quick.

Who is your favorite JUMBO HELOC lenders?

I remember the days of drive-by appraisals at 50% LTV with my local credit union in WA that would close in 10-15 days for $100 recording fee. Something like that would be very favorable in my situation, but I understand highly unlikely for this size of loan.

Any referrals are appreciated.

Happy Easter!