ForumsFinancing Tips

I'll be sure to check them out. Thanks.

Response from Citibank

DeVonda: You are chatting live with a Citibank Home Equity Sales Representative. Do you have a question I can answer for you today?
Visitor: yes
Visitor: Do you offer HELOCs for non-owner occupied investment properties?
DeVonda: We do not.
Visitor: thank you for your time.
DeVonda: Welcome.

Response from Bank of America <- We have a WINNER!

You: Do you offer HELOCs for non-owner occupied investment properties?
Anthony: yes
You: excellent
Anthony: We will lend up to 80% LTV or $100,000 max for investment properties. The total combined liens on an investment property may not exceed $400,000.

Hope this makes your day.
CorpCons08

I only need about 50% LTV. I'll have to check out the requirements. Thanks.

hello,
i own a duplex and until recently i lived in one of the units. a couple of days ago i contacted my heloc lender to get new checks. i shared that i'd like checks sent to a diferent address but the rep said that they could only send checks to address on file. i shared that i was on a temporary work assignment so would it be possible to change address now and then change it back later. the rep changed it, but i just got a letter asking me to verify ownership and reason for address change. my question is whether i should share that i no longer live there even though i'll be back in feb 09? my aunt is staying there currently and i have access to all my mail, if necessary. i don't want them to try to cancel or freeze the heloc because i need access to it. thank you for the help.