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Updated about 4 years ago on . Most recent reply

User Stats

12
Posts
3
Votes
John K.
  • Sacramento
3
Votes |
12
Posts

Looking For HELOC Lenders

John K.
  • Sacramento
Posted

Hello all, I hope everyone is well in these interesting times needless to say...

I am looking for a HELOC Lender that can assist me. My property is located in Vallejo, CA 94590. I owe a balance of $516k and it appraised for $750k on 09/01/2020. I am looking to do a HELOC for renovations. I need the HELOC to ideally meet the following criteria:

LTV 90% or greater (Mandated requirement)

Interest-only 10 Withdraw Period (Mandated requirement); 20 repayment period 

Variable or fixed rate

Please let me know if anybody has a HELOC Lender that can meet the above criteria that they could recommend.

Thank you everyone and stay safe!

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