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Updated over 10 years ago on . Most recent reply

Account Closed
  • Investor
  • Chicago, IL
0
Votes |
4
Posts

Seeking 90%+ LTV HELOC on Owner-Occupied Condo in Chicago

Account Closed
  • Investor
  • Chicago, IL
Posted

Hi all - I'm looking for a high LTV HELOC on my owner occupied condominium unit in Chicago. Some quick facts that are likely relevant:

-per last appraisal in December 2014 (was for PMI removal purposes), LTV is currently 73%

-condo building is a high rise (30+ stories) in Chicago.  My unit is a 2 bed 2 bath

-I'm not wanting to do a refinance on the first loan and a piggy back HELOC, I'm seeking a HELOC only

-I have an excellent credit score

-what will drive my decision most will be ltv, rates, and whether or not I will need to pay for the appraisal

Thank you!

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