New to Real Estate · Oxford, NJ · Member since 2020 · 17 posts · 8 votes
5y
I live in NJ, I have a 1st position HELOC on my primary residence and I am just about to close on my rental with a 1st position HELOC (non-owner occupied) all through PenFed. PenFed for non-owner occupied right now loans up to 80% LTV, 4.75% variable. No closing costs, except the appraisal which is $490.
Investor · Jersey City, NJ · Member since 2016 · 84 posts · 11 votes
8y
@Jingjun Zhou try pennfed , they do up to 80% ltv I believe but it's a variable rate (12 yr balloon). Flagstar bank might do fix but it's short term I believe.
New to Real Estate · Oxford, NJ · Member since 2020 · 17 posts · 8 votes
5y
I live in NJ, I have a 1st position HELOC on my primary residence and I am just about to close on my rental with a 1st position HELOC (non-owner occupied) all through PenFed. PenFed for non-owner occupied right now loans up to 80% LTV, 4.75% variable. No closing costs, except the appraisal which is $490.