Need HELOC for $80K on rental property for improvements in Washington

Going to be difficult to find. I have a renovation loan option for single family rental property where the existing mortgage is refinanced and the cost of the improvements are wrapped into the new mortgage. Max 80% of the improved value, work must be done by a licensed contractor - not by the owner.

I would try BECU or Key Bank. They are both great avenue's for this. I hope this helped.Kyle from Bayview Home Loans. Tacoma WA

I would call a local mortgage banker or broker and if that doesn't work; I would call a credit union.

Most lenders do not allow for HELOC's on an investment property.. you can do a cash out refinance up to 75% loan to value, but a HELOC is probably not going to be found.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347