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Updated over 1 year ago on . Most recent reply

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7
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Adam Cole
5
Votes |
7
Posts

2nd Home Heloc

Adam Cole
Posted

Hello! 

I need to find a bank / credit union that operates in Michigan. My second home that I airbnb for 20% of the year has a good chunk of equity built up and I'd like to access it.

Home loan amount: $410k

Home value: ~$750k based on comps

I am looking to get $100k out for improvements and projects I have around the house. 

If you have a good source, please let me know!

Adam

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