Can You Get a HELOC on a Rental Property? Here’s the Answer > 자유게시판

Most lenders let credit up to 70% to 80% of the rental property's appraised value, minus any active mortgage balance. As an example, if your home is respected at $400,000 and your mortgage balance is $200,000, you might qualify for a heloc for rental property of up to $120,000 ($400,000 × 75% – $200,000).