85% LTV or more HELOC on Investment Properties

2 Replies

I am looking for a lender that will give me a HELOC of at least 85% LTV on my investment properties. I up to date appraisals on all my properties within the last year. Is there any banks that offer this?

And yes I have called around to my local bank / credit unions. They are only willing to do 80% at the moment.  

Thanks 

TD Bank is my go-to, followed by PenFed. Not sure the percentage they will go, but there is extra risk in the market, specifically for investment properties and 80% may be what the market will bear.

Originally posted by @Kerry Baird :

TD Bank is my go-to, followed by PenFed. Not sure the percentage they will go, but there is extra risk in the market, specifically for investment properties and 80% may be what the market will bear.

Thanks. I will check them out. I agree it may be hard to find over 80% but with my equity an extra 5% LTV is another $48k in credit so I am going to try like hell first.