Hi guys. Does anyone have a HELOC on a investment property with navy federal? I have one with them and want to get another one on my investment property.
I started doing a HELOC with Navy Federal, and they came in low on the appraisal and were very slow. We ended up using PenFed instead. I also have arranged for a HELOC on an investment property with TD Bank.
Hi, I know Navy Federal did take long. I only wanted them because they have the 20 yr draw.
@Kim R. Hinds sometimes I wish I lived in other states, Navy Federal won't give HELOCs here in Texas. Was the property you have the HELOC on, was it a primary home previously? Like when you got the HELOC, was it your primary home?