Banks that do HELOC's on a Rental Property ?

[Justin Epperson]

Hello!

I currently have a couple HELOC's on my rental properties in Philadelphia, PA through Pen Fed. I am looking to get another HELOC on a different rental but they are no longer doing them. I don't even think they would re-appraise my current accounts at this time. Does anyone know of a bank or credit union doing HELOC's on rental properties? In 2019 when I first opened the HELOC's through Pen Fed; they were loaning up to 70% LTV at prime +1.

Thanks!

Justin Epp   

[Brayden Hrycko]

Hey Justin, fellow PA resident here! We have a few lenders that do investment heloc's. I would be happy to help if you're still looking.