Can You Secure a HELOC on Your Rental Property? Expert Insights > 자유게시판

Many lenders allow credit around 70% to 80% of the hire property's appraised price, minus any current mortgage balance. As an example, if your property is valued at $400,000 and your mortgage balance is $200,000, can you get a heloc on a rental property might qualify for a HELOC as high as $120,000 ($400,000 × 75% – $200,000).