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150
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Shefali R.
  • Investor
  • Montclair, NJ
23
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150
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HELOC on Inv Property in NY/NJ

Shefali R.
  • Investor
  • Montclair, NJ
Posted

Hi - would anyone have recommendations on banks/credit unions who offer HELOCs on investment properties in NY and NJ. So far I have identified TD Bank, Santander (but they have a $250k cap) and Penfed (but they wont offer HELOCs in first lien or if you own more than 4 units).

I am looking for banks who will offer upto a $500k HELOC (subject to LTV thresholds) and be willing to do so in NY and NJ areas. Thanks so much!

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