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Can I get a home equity line of credit on my rental property?

by tezbo439 from Fresno, Ohio. Nov 11th 2020 Reply


Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

Most HELOCS are originated by Banks or Credit Unions. I would think that they would offer to lend on an investment property but have not seen one since the market meltdown over a decade ago. I suggest you check with your local Credit Union or Bank to see what they offer. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ At NEXA, we've got you covered. We are licensed in all states except VA and we're pending approval in MA and NY. ~ www.ApplyYes.com 480-889-9000.

Nov 11th 2020
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Sure... The fact is is a rental property is no problem. But rental properties home equity loans are harder to find, and generally have a lower maximum loan-to-value. I lend in MN WI IA ND SD. Find me at JoeMetzler.com - NMLS 274132

Nov 12th 2020
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