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Private Lending & Conventional Mortgage Advice

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Tony C.
  • Investor
  • Atlanta, GA
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34
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Favorable lenders for HELOC on Investment House at least 70% LTV

Tony C.
  • Investor
  • Atlanta, GA
Posted Mar 22 2017, 12:55

Hi BP - I know this has been asked several times previously. However, here is my situation:

I'm trying to do a HELOC on a single family investment property. It already has a 1st position lien. The HELOC would potentially be 2nd position. I found 1 lender that will do 50-55% LTV but that is too low for my needs as I'm looking to draw out more equity.

Do you know of any lenders who can do 70-75% LTV?

Let me know thank you!

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