Any lender out there that will do HELOC's for correspondent/wholesale, without wanting to take over the 1st mortgage?????

Hello,Try Comerica bank as they only do 2nd TD and HELOC's. If you ever need help with your first mortgage please give me a call or an email. Have a great day.

Oh and by the way this is only for retail.

Sorry, that is a difficult one.

I think what you are looking for is a stand alone HELOC. There are non offered on the wholesale market right now in CA. You need to refer your client to a retail bank or CU.