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Updated over 4 years ago,

User Stats

35
Posts
11
Votes
Donald Aleshire
  • Chicago, IL
11
Votes |
35
Posts

HELOC on a Owner Occupied 3 Flat

Donald Aleshire
  • Chicago, IL
Posted

Does any one have a recommendation to work with on getting a HELOC for a 3 Flat Owner Occupied in Chicago?

Due to COVID, the bank I am working with (The Huntington National Bank in Bucktown) is only providing 85% LTV. I am looking for a bank that would be willing to provide 90% LTV.

Additional background: I just refinanced my property with a new loan of $411k and the approximate value is $500k.

Thanks in advance

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