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Deborah Lynch
  • Investor
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Looking for a HELOC lender on investment property

Deborah Lynch
  • Investor
Posted Jul 29 2022, 15:20

Does anyone know of a lender that will do a HELOC on investment properties? I live in CA, rental is in Alabama. I've contacted my personal bank, my lender, Comerica, Fifth Third (FT will do a HELOC but not if there is a mortgage balance), TD Bank (primary residence and rental must be in the "Maine-to-Florida footprint" to get a HELOC). Waiting to hear from Union Bank. I've called credit unions in AL but you must live, work or worship there. Thanks in advance for any tips.

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