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All Forum Posts by: Alex Clopton

Alex Clopton has started 1 posts and replied 1 times.

Post: HELOC on owner occupied duplex

Alex CloptonPosted
  • Posts 1
  • Votes 3

I'm looking to get an +80% HELOC on an owner-occupied duplex I own in Denver, CO. I've talked to a few credit unions that tell me, despite me occupying one of the units as my primary residence, they consider it an investment property and can only provide up to 70% LTV with investment property interest rates. Anyone know of a credit union or other type of lender that would count a property like this as a primary residence and provide a HELOC at +80% LTV?

Thanks!