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Updated about 1 year ago on . Most recent reply

User Stats

91
Posts
30
Votes
Jason Sung
  • Investor
  • Dallas, TX
30
Votes |
91
Posts

HELOC for investment home

Jason Sung
  • Investor
  • Dallas, TX
Posted

Hi, 
I have a rental house in McKinney free and clear (without mortgage). I would like to have HELOC. Do you know any lender who can do that?

Most Popular Reply

User Stats

768
Posts
640
Votes
AJ Wong
  • Real Estate Broker
  • Oregon & California
640
Votes |
768
Posts
AJ Wong
  • Real Estate Broker
  • Oregon & California
Replied

Hi Jason. Yes several investors offer fixed second loan and heloc programs including one 100% online with no appraisal required, disbursement in 5-7 days. Texas does have some general HELOC and second loan cash out restrictions with many lenders..Check in with @Joseph Chiofalo for specific guidelines. 

  • AJ Wong
  • 541-800-0455
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