PENFED Heloc Reviews

[James Edwards]

Has anyone ever got a heloc for investment prop through Pen Fed? If so, how was your experience? Any issues to report? 

[Kerry Baird]

Ridge Lending All in One, first position HELOC
Americafirst 80% LTV on noo 65% LTV 15 year 5.74%, Utah
Arvest Bank
California: Cal Coast Credit Union and Fremont Bank.
East West Bank, up to 60% LTV with "no docs”
First Florida Credit Union https://firstflorida.cumortgagecenter.com
Huntington
Hurst Lending and Insurance Investment property HELOC in Texas. No seasoning.
Key Bank, flexible lender, HELOCs on second homes and rental properties. 90% LTV on primary.
PenFed
LendingTree is a broker, connects you with multiple loan providers, some sub prime. 3 to 5 week for underwriting is a long time.
TD Bank
Tower FCU, all states except TX, max 45 DTI, green card ok. Max of three rental properties. Automated appraisal, not full.
Trustco
Union Bank, specializes in noo HELOC
US Bank
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