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Updated about 4 years ago,
Do Banks Offer Home Equity Line Of Credit On Rental Property?
Hello,
Do banks offer hone equity lines of credit on rental property? If so, is it common or difficult to find a bank that will do a LOC on rental? Do they charge origination fees and/or interest rates that are higher than LOCs on owner occupied property?
Thank you
Do banks offer hone equity lines of credit on rental property? If so, is it common or difficult to find a bank that will do a LOC on rental? Do they charge origination fees and/or interest rates that are higher than LOCs on owner occupied property?
Thank you