Investor · Scottsdale, AZ · Member since 2016 · 46 posts · 12 votes
Does anyone have any experience with Signature FCU? Are they a portfolio lender? Do they have a limit on the number of properties you can do a HELOC? (non-owner occupied investment properties). Is it advisable to do a HELOC over a Home Equity Loan with them? Do you pay for an appraisal, or what sources do they use for the home value or in underwriting? Do I need to pay property taxes and insurance by myself? Or does HELOC also have an Escrow?
Rental Property Investor · Henderson, NV · Member since 2019 · 105 posts · 60 votes
6y
@Bon Osonwanne
Great questions that I don't have answers to. Did you ever speak to them? They are on my list of lenders to call though based on their terms listed on their website. I'll let you know what I find out although I'm looking at options on my primary residence.