Investment property HELOCs that go above 80% ltv?

[Taylor Chiu]

Hey everyone, I've asked this before, but always good to survey to see if any new options have come up. Has anyone come across lenders who will do HELOC's on investment properties above 80% LTV?

The best ones I know of currently are:

• Penfed - up to 80% ltv on rental
• America First Credit Union (Utah) - up to 80% ltv on rental
• Navy Federal - up to 70% ltv on rental

[Wayne Crabtree]

@Taylor Chiu - Since you are in UT, Zions Bank is currently offering a Home Equity Credit Line (HECL) that goes as high as 85% LTV on non-owner-occupied investment property. I was looking for a HELOC and getting frustrated when a loan officer at a very local bank told me a fellow loan officer there had rentals and had a HELOC from Zions. I have never done business with Zions because they have lots of fees and I can find free banking options. But I am currently mostly through the loan process and everything has gone very smoothly so far. They were not offended I don't bank there but did send me home with business banking info. :)

Wayne