HELOC / Line of Credit (non-owner occupied)

[Joey Palmer]

Hi guys/gals,

Does anyone in the Greater Cincinnati area know of any bank that offers HELOC or some type of line of credit on non-owner occupied investment properties? I used Huntington for (1), but they only let you have (1). Any referrals would be greatly appreciated.

Thanks for your time. 

[Brian G.]

@Joey Palmer try Pen Fed but you must have 3 mortgaged properties or less including a primary to get a Heloc on a rental. 80% LTV, 12 year draw, prime plus 1% and you choose P & I payments or IO payments.