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Account Closed
  • Rental Property Investor
  • OH
2
Votes |
14
Posts

NO HELOC for California rental property

Account Closed
  • Rental Property Investor
  • OH
Posted

Good morning! BP friends.

I called over 20 bank or mortgage company for HELOC Refinancing rencently. Only one company will do cash out refinancing for the California rental property but not HELOC. The property located in Huntington Beach. If you know any company can do HELOC in this moment please recommend for me if it is ok.

Thank you!

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5,116
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Kyle J.
  • Rental Property Investor
  • Northern, CA
5,180
Votes |
5,116
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Kyle J.
  • Rental Property Investor
  • Northern, CA
Replied

@Account Closed Here’s a few to get you started....Union Bank, Wells Fargo, and PenFed. They all do HELOCs on rentals. Now you just need to call and see which one offers you terms that best fit your needs.

And here’s some questions you can ask when calling around: What You Need to Know When Shopping for a HELOC

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