HELOC providers in Austin?

3 Replies

Hi Folks

We are trying to get a HELOC on our primary residence in order to grow our rental business. Running into a tough time (Amplify CU had some really weird rules around recognizing rental income from our other properties). Can anyone recommend a HELOC provider they have successfully worked with? Alternatively, a portfolio lender or bank that we can work with to get a portfolio LOC?

Thanks

Edwin

@Edwin Sequeira I am having the same issue securing a HELOC on my primary. Let me know if you ever find a solution but I have called pretty much every bank in town asking them and the appetite for risk is just not there right now.