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Updated almost 5 years ago on . Most recent reply

User Stats

44
Posts
16
Votes
Don Aleshire
  • Chicago, IL
16
Votes |
44
Posts

HELOC on 3 flat Owner Occupied

Don Aleshire
  • Chicago, IL
Posted

Does any one have a recommendation to work with on getting a HELOC for a 3 Flat Owner Occupied in Chicago?

Due to COVID, the bank I am working with (The Huntington National Bank in Bucktown) is only providing 85% LTV. I am looking for a bank that would be willing to provide 90% LTV.

Additional background: I just refinanced my property with a new loan of $411k and the approximate value is $500k.

Thanks in advance 

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