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Can one get an equity loan on rental property

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Anonymous
Not applicable
‎02-09-2008 08:02 AM
‎02-09-2008 08:02 AM

Can one get an equity loan on rental property

I own a co-op-- i know only a few banks work with co-ops-- Citibank is one of them---Can one get an equity loan on rental property
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ShanetheMortgageMan
Super Contributor
‎02-14-2008 12:33 AM
‎02-14-2008 12:33 AM

Re: Can one get an equity loan on rental property

You can, but a 2nd on an investment/rental property are generally limited to 80% CLTV and require good credit (680+).


Message Edited by ShanetheMortgageMan on 02-14-2008 12:33 AM
Free Mortgage Advice & Pre-Approvals (FHA, VA, USDA, Fannie, Freddie, Non-Prime, Construction, Renovation/Rehab, Commercial) since 2002
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