ISO Line of Credit on 4unit Inv Prop
1 Reply
EVELINA ARENA
Specialist from Los Angeles, CA
posted almost 3 years ago
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.
Kevin Romines
Lender from Winlock, WA
replied almost 3 years ago
Pen Fed Credit Union.....Max of 80% CLTV so long as you have no more than 4 financed properties.