Are banks willing to give HELOCs on unwarrantable condos?
1 Reply
Casey Havenor
Real Estate Investor from Waunakee, Wisconsin
posted over 3 years ago
Are banks willing to give HELOCs on unwarrantable condos?
Harjeet Bhatti
Lender from Chicago IL- CDLP
replied over 3 years ago
Non-warrantable condo is portfolio product. Mostly banks do not offer this product. If its free and clear you can try small banks but its hard to get HELOC. Cash out would be good option but interest rate will be higher.