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David Cunha
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Looking for a HELOC in the Meridian area

David Cunha
Posted Sep 7 2022, 14:30

Hello, I'm an aspiring investor in the Treasure Valley looking at different financing options for an investment property. I am asking for recommendations for mortgage brokers, credit unions or the like for a HELOC. Thank you for your time everyone.

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Erik Estrada
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Erik Estrada
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Replied Sep 7 2022, 14:35

@David Cunha 

Hey David! 

Are you looking to do a HELOC on your primary residence or investment property? Most local banks can do a HELOC on your primary. For investment properties though, I have not seen a lender do them.

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David Cunha
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David Cunha
Replied Sep 7 2022, 15:13

Sorry @Erik Estrada I should have specified. It would be on my primary residence and I've already reached out to my local credit union, I just would like to see others opinions or options.

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Ryan Wallace
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Ryan Wallace
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Replied Sep 7 2022, 16:19

Depending on the amount, Keybank is one of the few credit unions that will go up to 90% LTV with attractive terms. They would be another company to check with.