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1st Lien HELOC on investment property
I am looking for an HELOC loan, 1st lien on my investment property.
Anyone know of a lender who will HELOC a 1st lien on a rental property?
- Lender
- Fort Worth, TX
- 6,283
- Votes |
- 7,881
- Posts
@Stuart Cairns this should be pretty easy. We just have to get you in the right place. Bigger Pockets is a great resource but if you need a plumber, electrician, title company...or even lender - then we need local expertise. Try some local real estate meetup groups. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. You have several in Ohio. Even facebook might have some good local groups for you. Some of those facebook groups have thousands of members. Eventbrite too. But post locally for this. That’s the best bet.
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Lender Texas (#392627)
- Guaranteed Rate
I've used Wright Pat credit union. They'll go up to 100% LTV
Hi Austin
I had never heard of them till today. I found them doing a search during my lunch break. I am just sitting down to follow up but I didn't see that they offered this to rental property. Off to investigate more and thanks for sharing.
Quote from @Austin Steed:
I've used Wright Pat credit union. They'll go up to 100% LTV
Hi Austin, did you do that on a rental? They told me today, only if I live in the rental property.