HELOC or Home Equity on Investment Property (in MA)

[Neel Shah]

Hello,

I have several rental properties in MA and have build equity into them.

I want to get HELOC or Home Equity Loan against my investment properties. I prefer not to do cash out refinance since interet rate on these properties is very low.

The only bank I have found so far that will do home equity loan on investment property is DCU, one loan per member up to $50K.  PenFed has limit of 3 properties so i do not quality. 

Are there any other banks/CUs you recommend that will do HELOC/home equity loan on investment property?

Thanks!