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Updated over 7 years ago, 05/12/2017
Good/flexible HELOC bank
Hello,
I'm seeking a HELOC for my condo and was wondering if anyone had recommendations for banks. I just spoke with Bank of America and it sounds like it will be a slog, like 8 weeks to close on it. Was hoping to close faster and I also wanted to compare rates as well.
Home value - $675,000
Mortgage $385,000
Want as large a HELOC as I can get. BoA has an 80% LTV max, but would rather use another lender if they can do 85% or 90% (doubtful).
Any suggestions appreciated.
Thanks