Leveraging Your Rental Property: Understanding HELOC Options > 자유게시판

Many lenders allow funding around 70% to 80% of the hire property's appraised value, minus any existing mortgage balance. As an example, if your home is valued at $400,000 and your mortgage stability is $200,000, can you get a heloc on a rental property may qualify for a HELOC of up to $120,000 ($400,000 × 75% – $200,000).