HELOC providers in Austin?

[Edwin Sequeira]

Hi Folks

We are trying to get a HELOC on our primary residence in order to grow our rental business. Running into a tough time (Amplify CU had some really weird rules around recognizing rental income from our other properties). Can anyone recommend a HELOC provider they have successfully worked with? Alternatively, a portfolio lender or bank that we can work with to get a portfolio LOC?

Thanks

Edwin

[Joe Scaparra]

Ok I have two sources.  RBFCU will do one on your personal residence.  PenFed will do it as well but they also will do rental property as long as you don't havre more than 4 properties.  These are both credit unions in the area and easy to qualify for membership.