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Updated about 7 years ago on . Most recent reply

User Stats

50
Posts
20
Votes
Scott Hensley
  • Rental Property Investor
  • Jacksonville FL Honolulu, HI
20
Votes |
50
Posts

Financing on the Mainland from HI

Scott Hensley
  • Rental Property Investor
  • Jacksonville FL Honolulu, HI
Posted
Aloha Hawaii investors, I have a property in Florida that I am trying to get HELOC on but am having issues finding a lender. The biggest issue I am running into is the fact that they require me to sign the documents in person but no one seems to have a branch out here. Has anyone run into this and found a solution? I want to access the equity I have in the property but don’t want to fly to the mainland just to sign paperwork. Any information is appreciated! Scott

Most Popular Reply

User Stats

50
Posts
20
Votes
Scott Hensley
  • Rental Property Investor
  • Jacksonville FL Honolulu, HI
20
Votes |
50
Posts
Scott Hensley
  • Rental Property Investor
  • Jacksonville FL Honolulu, HI
Replied
@ Joel Bongco
Thank you for the recommendation to talk to Navy Federal.  I sat down with them today and they will do a HELOC on an investment with a max LTV of 70% or $100K.  I have started the process with them and will try to follow up as we move forward.

Originally posted by @Joel Bongco:

Have you tried Navy Federal Credit Union?  I know they have branches in Hawaii and Florida.  Aloha!  

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