Convention LOC/HELOC on investment property in Pittsburgh, PA

[Jeremy Pace]

Does anyone know of a bank in the Pittsburgh Metro that has done a LOC on an investment property? I own a triplex free and clear, and I would like to weight my options to set up a line against it.

Thanks!

[Peter Bussey]

@Jeremy Pace 

I'm in Pittsburgh.  I did some checking with local banks last year on doing a cash-out refi with less than 6 months seasoning.  In the process, I found some banks that will do HELOCs on investment properties, some local some not:

ESB Bank

Fifth Third Bank

Huntingdon Bamk

TD Bank 

Wells Fargo

Also Dollar Bank and S&T Bank were very willing to do a refi on investment property and saavy on it, so I'd be surprised if they wouldn't do a HELOC on it.