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Investment Property Home Equity Line of Credit                                                                                                                             

An investment property home equity line of credit or Investment property HELOC has a floating interest rate tied to the Prime Rate and allows you to take equity out of an investment property. You incur interest costs only on the money taken out with your investment property home equity line of credit. An investment property home equity line of credit can be a good choice if your needs are expected to be episodic.  An interest only Home Equity Line of Credit will lower your payment. For difficult to verify income, a stated income Home Equity Line of Credit is available for investment property.  A home equity line of credit with no closing costs is available as well. Email with questions about an investment property home equity line of credit

A major advantage of the investment property home equity line of credit is that your interest costs are generally tax deductible. A comparison between the after tax costs of the investment property home equity line of credit and any consumer loan should be done before any major purchase.

We can lend up to 95% of the value of the investment property but understand that the rate will be somewhat higher if your line of credit is over 90%(combined first trust and home equity line of credit) of the value of the property. We will allow up to a 50% Debt to Income ratio (DTI) with good credit. Please see the link below for more information on qualification ratios.

Common uses of a Investment Property Home Equity Line Of Credit

  • Debt Consolidation Home Equity Line of Credit. If your consumer debt is too much you may dramatically reduce your monthly payments. See the calculator below for an idea of how much you could save.

  • Finance a Major Purchase. If a new car or boat is in your future, you may want to compare payments.

  • Children's Education. Many people find a HELOC the most logical way to pay for their children's education. Exactly what I did when my son went to college and I saved a lot of money compared to any other option.

  • Property Purchase. If you are considering either an investment in additional income producing real estate or a vacation home, it may make more sense to unlock the equity in one property rather than move the cash from other investments which are doing well for you. Please see my pages on Investment Loans or Vacation Homes for more information.

Learn more about the tax considerations of a home equity line of credit

Read more about Home Equity Line of Credit Closing Costs

I have included a page on how to calculate your qualification ratios.

I have included a page on documentation requirements.

Learn about the differences between home equity loans and lines

We offer you the ability to qualify and close into several unique programs which accommodate borrowers with non traditional income or asset situations. 

* I have included a section on the new Cash Flow ARMS. A LIBOR based product which gives you complete flexibility in managing your mortgage.

The new Asset Manager is a creative program which gives you complete control over your mortgage as well.

As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your consumer and mortgage debt is structured today can have a life changing effect in the years to come.  Read more about this free, no obligation service.


Home Equity Line of CreditPrequalify for your Home Equity Line of Credit

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