ISO Line of Credit on 4unit Inv Prop

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ISO Line of Credit on 4unit Inv Prop

EVELINA ARENA
Specialist · Los Angeles, CA · Member since 2018 · 3 posts · 0 votes
I’m looking for a short term line of credit on a 4 unit investment property in Chicago. Any regional bank or boutique bank’s in Chicago that would do a LOC on a 4unit Investment? Existing LTV between 38-48% pending appraisal.
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  • Kevin Romines
    Lender · Winlock, WA · Member since 2013 · 1k+ posts · 1k+ votes
    8y

    Pen Fed Credit Union.....Max of 80% CLTV so long as you have no more than 4 financed properties.

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