Investment HELOCS in Georgia

General Real Estate Investing
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Investment HELOCS in Georgia

Jessica Macklin
Member since 2020 · 1 post · 1 vote

Hi BP fam,

Can anyone share with me a bank/banks which are doing investment HELOCS in the state of GA? Thank you in advance. 

I have reached out to Navy Federal, Ameris, PenFed, TD bank, US bank and TCF bank - all of which have indefinitely suspended their previous investment HELOC programs.

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Dennis Muno
Lender · Denton, TX · Member since 2023 · 349 posts · 80 votes
3y

Give multiple lenders a call. I would say the best HELOC is the HELOC with the best rate and terms for you. Not all HELOCS are same. Some may be variable, others not.

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  • Kerry BairdPro Member
    Rental Property Investor · Melbourne, FL · Member since 2011 · 3k+ posts · 2k+ votes
    3y

    Figure and Quorum have been advertising that they can do them, but I haven't closed on one recently.  It might be going the way of the dodo.

    0Reply
  • Kerry BairdPro Member
    Rental Property Investor · Melbourne, FL · Member since 2011 · 3k+ posts · 2k+ votes
    3y
    East West Bank, TCF are other possibilities
    0Reply
  • Dennis Muno
    Lender · Denton, TX · Member since 2023 · 349 posts · 80 votes
    3y

    Give multiple lenders a call. I would say the best HELOC is the HELOC with the best rate and terms for you. Not all HELOCS are same. Some may be variable, others not.

    1Reply
  • Brayden Hrycko
    Lender · Allentown, PA · Member since 2023 · 207 posts · 38 votes
    3y

    Hello @Jessica Macklin, I may be able to help you on this. Could you fill me in on the specifics of the property, what its worth, what you're trying to pull out, etc. Feel free to message me as well. 

    0Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3y

    @Jessica Macklin

    Private and hard money lenders may give a second if it’s not exceeding 70% ltv. We know of a few in georgia

    7e investments53 Reviews
    WebsiteView Page
    0Reply
  • Logan Singleton
    Lender · Boston, MA · Member since 2023 · 415 posts · 95 votes
    2y

    Hi Jessica, I work with a lender that offers 2nd mortgages on investment properties up to 75% CLTV. Feel free to send me a PM if you want to learn more.

    0Reply
  • Kyle HendricksPro Member
    Lender · Member since 2021 · 170 posts · 74 votes
    7mo
    Quote from @Jessica Macklin:

    Hi BP fam,

    Can anyone share with me a bank/banks which are doing investment HELOCS in the state of GA? Thank you in advance. 

    I have reached out to Navy Federal, Ameris, PenFed, TD bank, US bank and TCF bank - all of which have indefinitely suspended their previous investment HELOC programs.




    We offer investment helocs! I do these quite a bit for investors. They also use automated appraisals so can be as quick as 5 day fundings. We have fixed and adjustable options ranging from 10-30 year. Shoot me a message it you have any questions, happy to help!
    [email protected]253-355-0247
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