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Updated about 6 years ago on . Most recent reply

User Stats

21
Posts
4
Votes
Jessica Kirby
  • Realtor
  • Virgina
4
Votes |
21
Posts

Getting a Heloc on a Rental

Jessica Kirby
  • Realtor
  • Virgina
Posted

Good afternoon,  I have somewhat struck out on finding a financial institution that will open a heloc on a rental property. Does anyone have a recommendation for a small local bank or lender that will do a heloc on a rental property that is paid off? Any advise or tips would be beyond appreciated. We are not in a rush we just he want to have this open and ready for when we will need it . 

Thank you in advance. 

Most Popular Reply

User Stats

10
Posts
2
Votes
Amy R.
  • Investor
  • Portland, OR
2
Votes |
10
Posts
Amy R.
  • Investor
  • Portland, OR
Replied

Try Banner Bank as well- we started Talking with them about this and didn’t end up following through for various reasons- but it was possible. 

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