Updated about 3 years ago on . Most recent reply
HELOC lender to LLC with foreign shareholder
Hi there!
I'm looking for recommendations for a HELOC lender to an LLC with a foreign shareholder.
Property - Atlanta, GA
Property valuation - $240,000 (Zillow $279,000 unlikely)
Current mortgage loan - $120,000
LTV required - 75%
I'm looking for recommendations for a HELOC lender to an LLC with a foreign shareholder.
Property - Atlanta, GA
Property valuation - $240,000 (Zillow $279,000 unlikely)
Current mortgage loan - $120,000
LTV required - 75%
Purpose - to supplement deposit for new property
Loan serviceability - not a problem (salary income)
Don't want to do a cash out refi, as the rate on the current loan is very low.
Any suggestions welcome!
Thanks
John Haveman