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All Forum Posts by: Jenea Talley

Jenea Talley has started 1 posts and replied 3 times.

Mortgage Brokers & Lenders

Post: Heloc on rental property

Jenea TalleyPosted
  • Posts 3
  • Votes 0
I see! That must be the key! Thank you so much!
Quote from @Jason Andler:

@Jenea Talley

Talk to a commercial lender not a mortgage lender. I have done this before using a locally owned bank.


0 Votes
Mortgage Brokers & Lenders

Post: Heloc on rental property

Jenea TalleyPosted
  • Posts 3
  • Votes 0
Quote from @Karen Johnson:

There are a couple of threads on here with lists of banks that do HELOCs on investment properties and what states they fund in. Do a quick search and it should pop up. I can't remember a lot off-head, but I know PenFed has been recommended a lot if you have less than 4 properties (including your primary residence). Hope that helps!

Thanks! I’ll look it up. 
0 Votes
Mortgage Brokers & Lenders

Post: Heloc on rental property

Jenea TalleyPosted
  • Posts 3
  • Votes 0

Hello everyone!
I have been looking to do a Heloc on our rental property but unable to find a bank to do it. Most require it to be our primary residence. Any recommendations? 

0 Votes