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Updated about 8 years ago on . Most recent reply

Susan K.'s profile image
Susan K.'s profile image
Susan K.
  • Real Estate Agent
  • from Palm Beach Gardens, FL
  • Member since Apr 5, 2017
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Susan K.'s profile image
Susan K.'s profile image
Susan K.
  • Real Estate Agent
  • from Palm Beach Gardens, FL
  • Member since Apr 5, 2017
Connect
Susan K.
  • Real Estate Agent
  • Palm Beach Gardens, FL
124
Votes |
199
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Private Lending & Conventional Mortgage Advice

Florida HELOC expectations too high?

Susan K.
  • Real Estate Agent
  • Palm Beach Gardens, FL
Posted

Hi Everyone,

Is it possible to get a HELOC at 80 or 85% in Florida? This is for my primary residence, owned free and clear. Credit scores are decent and we have no debt. I want the HELOC to do a few flips. Also looking for one that does not have a pre-payment penalty in case we decide not to keep it open for more than a year or two. Please let me know if I am being unrealistic, and feel free to PM me with your advice. Thanks for your help.

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