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Private Lending & Conventional Mortgage Advice

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Samantha Goetz
  • Rental Property Investor
  • High Point, NC
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20
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Opening a HELOC on an Out-of-State Property

Samantha Goetz
  • Rental Property Investor
  • High Point, NC
Posted Aug 5 2017, 19:04

Does anyone have any recommendations or tips on opening a Home Equity Line of Credit for an out-of-state property? I live in NC, but I have a rental property in Montana. I contacted a few local banks in Montana and they all say I have to come to Montana to be at the closing in person.  I'd prefer not to take a trip to Montana. 

I currently bank with USAA and their website says they no longer offer HELOCs. 

Any recommendations?

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