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Updated over 2 years ago on . Most recent reply

Looking for a HELOC lender on investment property
Does anyone know of a lender that will do a HELOC on investment properties? I live in CA, rental is in Alabama. I've contacted my personal bank, my lender, Comerica, Fifth Third (FT will do a HELOC but not if there is a mortgage balance), TD Bank (primary residence and rental must be in the "Maine-to-Florida footprint" to get a HELOC). Waiting to hear from Union Bank. I've called credit unions in AL but you must live, work or worship there. Thanks in advance for any tips.
Most Popular Reply

I think I have seen a few items show up on here. One person mentioned the ALL IN ONE, which is a first position HELOC that allows for your cashflow to offset your mortgage balance, reducing mortgage payment over time. All while giving you access to the available equity in your home. We offer the program, so if you or anyone have any questions about the product please let me know! Thank you,