HELOC on investment property.
Has anyone gotten approved for a HELOC on their investment properties and if so with who?
Most Popular Reply
@Troy Snyder, I have done a bunch of research, and have built this list. I have used PenFed and TD Bank.
Ridge Lending All in One
Americafirst 80% LTV on noo 65% LTV 15 year 5.74%, Utah
Arvest Bank
East West Bank, up to 60% LTV with "no docs"
First Florida Credit Union (Jacksonville area)
Hurst Lending and Insurance Investment property HELOC in Texas. No seasoning.
Key Bank, flexible lender, HELOCs on second homes and rental properties. 90% LTV on primary.
PenFed
LendingTree is a broker, connects you with multiple loan providers, some sub prime. 3 to 5 week for underwriting is a long time.
TD Bank
Tower FCU, all states except TX, max 45 DTI, green card ok. Max of three rental properties.
Trustco
Union Bank, specializes in noo HELOC
US Bank
Figure