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Updated over 2 years ago on . Most recent reply

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Zachary Taylor
  • Investor
  • Eastern Central Florida
8
Votes |
8
Posts

Best HELOC providers in Florida?

Zachary Taylor
  • Investor
  • Eastern Central Florida
Posted

Hey guys! I’m currently looking to secure a heloc on my primary residence to hold for reserves so that I have easy access to capital if need be while I use my cash savings on investment properties. With the current market and possibility of a decline I’d like to lock in my equity before it potentially disappears. I’ve owned my house for a little less than 2 years but due to large home improvements and the massive growth in the market over the past couple years I’m looking at about 80k in equity. I recently spoke to my local credit union (VyStar) who I bank with about a heloc and am waiting to hear from a mortgage specialist this week. I was doing some research and saw that lending-tree and quicken loans have some pretty high reviews on heloc loans. Would anyone recommend or have better advice on these or other companies? Any knowledge, past experiences, or advice is greatly appreciated, thank you 

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