All Forum Posts by: Mark B.

@David Nutakor

Thanks David, 60% for my situation just isn’t worth it.

@Redman Clay

I haven’t had the opportunity to directly speak with anyone yet, only been researching online so far. If you do happen to find a bank that allows a heloc in that 80/90 ltv range I’d love to know!

@Bob B.

What has been your experience with Wells Fargo?

@Brian Gerlach

Do you have to be a veteran or government employee to join PenFed?

@Manmath D. As far as I know, a national bank should be able to do it. Although the local banks might be easier to work with.

@Seth M. Jones Have you used Suntrust for a HELOC on an investment property? According to there website, they only do heloc on owner occupied homes.

@Justin Kane why would you do the cash out instead?

@Justin Kane I'm curious if you have had experience using either a HELOC or a cash out refi. It seems like on the podcast they talk a lot about using the cash out refi, but personally I feel like the HELOC is a much better option, as long as the interest rate is reasonable. Am I seeing it wrong?

@Justin Kane what do you look out for with certain lenders?

Thanks for the info @Seth M. Jones, I will look into Suntrust.