Spokane HELOC Lenders?

[Tony P.]

Howdy!

I'm trying to find a local preferred lender that would do a HELOC on an investment property. Called a couple credit unions and PrimeLending with no luck. They only offer cash out refis on investment properties unfortunately.

Would appreciate any direction from the experienced guys in our market. Thank you!

[Tony P.]

Originally posted by @Nathan McLeod:

I had a conversation with STCU in late 2018, and they offered 90% (this was on a primary residence, so it may be different for you) 

I would recommend checking in with them. I had a bad customer service experience with the Spokane Valley branch, so I would suggest going to the Downtown branch. 

Hope that helps

Thanks Nathan but I've tried STCU - they will not do a HELOC for an investment property.

BECU however does, up to 80% and I just signed loan docs today. 6.24% was the final rate. Smooth and easy process and they paid for everything. Overall, great experience. Do recommend.