HELOC on Rental Property in NJ

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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.