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Updated almost 5 years ago on .
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HELOC on multi family property - seeking lender
Hello,
I am looking to take out a Heloc out on my muli family property (owner occupied Duplex). I've reached out to a few credit unions but they do not offer Helocs on MF property. I am looking to do 80-90% LTV, I would like to get some advise from you guys on different lenders and current terms (repayment plans, interest rates, etc). Does anyone have a good lender they can recommend or any bank that's local in Jacksonville, FL that you have experience with that is willing to work with multi family properties.
Thanks,
Zoran