Who Do You Use For A HELOC?

Who Do You Use For A HELOC?

Rental Property Investor · Saint Louis, MO · Member since 2016 · 48 posts · 20 votes

@Luke Babich and I are about to renovate the last unit of a big 4plex in Ucity.

In order to finance the rehab we're looking at either a refi, HELOC, or construction loan. As rates have gone up since we bought the building last year, a HELOC seems like the best way to go.

Does anyone have a recommendation for a bank / credit union that would do a HELOC on an owner occupied 4plex?

Thanks!

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  • Real Estate Agent · Saint Louis, MO · Member since 2018 · 1 post · 0 votes
    8y

    We used First Community Credit Union but we have been banking with them for a while.

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