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HELOC for rental condo

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Icon Mini Profile meihongxing





Joined: 16 Nov 2010

Posts: 1

1.00 Dollars($)
Post Posted: Tue Nov 16, 2010 5:41 pm    Post subject: HELOC for rental condo
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Which bank or credit union does HELOC for rental properties (condo)
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10562
Location: ALASKA
1089.18 Dollars($)
Post Posted: Tue Nov 16, 2010 8:03 pm    Post subject:
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Welcome meihongxing,

You will have to speak to the local lenders and credit unions in order to get a HELOC for a rental property. If you want to get a HELOC from a credit union, then you will have to become a member of that union. This community has a large number of lenders. You can seek a no obligation free mortgage quote from them and get to know whether or not you can get a mortgage.
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