Looking for a lender who does a HELOC
Is it possible to find a lender who can provide 90% LTV via HELOC? I plan to buy a rental property here in Washington. It’s a 4 unit multi-family that needs a little rehab. The market is hot where I am and I need a lender to help me close fast. by rcampbell18 from Westport, Washington. Jul 14th 2022
Dave Skow (daveskow)
#15 ranked lender in Washington - 455 contributions
there are HELOC lenders going up to 90% CLTV as long as the proeprty is a primary residence - if the property is not a primary residence you will not be able to locate this product up to 90% cltv
Dave Skow (daveskow)
#15 ranked lender in Washington - 455 contributions
Hi there ....following up to see if you still need any assistance with buying a rental proeprty ?thanks Dave SKow
Lorne Harvey (lorneharvey)
#77 ranked lender in Washington - 439 contributions
Dave is correct, up to 90% with some lenders for primary residence, but not on a 4 unit property.
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