Updated over 4 years ago on . Most recent reply

HELOC the best way to go?
Why am I getting push back from my local banks on HELOC? I'm trying to start a relationship with a local bank and when I bring up options for financing and wanting to get a HELOC they suggest that it's not the best or right way to go.
Most Popular Reply

Try another bank bank? Relationships with local banks are important, but simply shop around more if hey are not giving you what you need. Maybe try a broker or a larger more main stream bank.
What property are you trying to get a HELOC on? If it is not a primary residence it is considerably harder but not impossible.