Anyone have the skinny on a lender who will do a HELOC on a rental that is out of state from where you live? Looking to get one on a rental property in Charleston, SC. I live in Cincinnati, OH.
Any intel would be greatly appreciated!
I spoke yesterday with Rob Wade 843-804-8617 of Loan Depot for something similar. He may be able to help you with this.
Pen Fed Credit union might do these. They have the best terms available on a HELOC for a rental, hands down!!!
Thanks @jason williams & @Kevin Romines . Will give them a call tomorrow!
@Kevin Romines - PenFed hooked me up! Virtual appraisal and everything, no fees, 61k. Much appreciated sir!
Glad to help. They have been the best for a few years that I have known of!!! Happy that worked out for you!!!