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Updated almost 2 years ago on . Most recent reply

Lee Bialek's profile image
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Lee Bialek
  • Rental Property Investor
  • from Hollywood, FL
  • Member since Feb 12, 2016
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Lee Bialek's profile image
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Lee Bialek
  • Rental Property Investor
  • from Hollywood, FL
  • Member since Feb 12, 2016
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Lee Bialek
  • Rental Property Investor
  • Hollywood, FL
1
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5
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Private Lending & Conventional Mortgage Advice

Investment HELOC - LOAN DEPOT

Lee Bialek
  • Rental Property Investor
  • Hollywood, FL
Posted

Hello everybody,

Just curious if anyone here has worked with Loan Depot before and if they would recommend working with them? I am looking for an investment property HELOC and I understand that they offer this product. Any feedback would be greatly appreciated! Thanks

Lee

Fort Lauderdale, Florida
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Dennis Muno's profile image
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Dennis Muno
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  • from Denton, TX
  • Member since May 11, 2023
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Dennis Muno
  • Lender
  • from Denton, TX
  • Member since May 11, 2023
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Dennis Muno
  • Lender
  • Denton, TX
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Dennis Muno
  • Lender
  • Denton, TX
Replied

Nope- I haven't worked with them before. However, I would recommend that you shop around multiple local lenders for a HELOC before you proceed. That will increase your chance of finding the HELOC with the best possible terms and financing available to you based on your FICO, equity in property, etc(loan pricing is based on factors like these, and risk)

Good luck!

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