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Home › Forums › Financial Markets/Economics › Financing and tax question: HELOC on primary for investment property, can it offset income? › recordsclerk wrote:Flu, Do

March 28, 2012 at 1:23 PM #740693
Coronita
Participant

[quote=recordsclerk]Flu,

Do you know where the best rates are for HELOC? It would be a non-owner occupied HELOC. Anyone can chime in.

Thanks[/quote]

I’m applying here, but you might not be able to because it requires membership…. I think I’m getting prime – 0.25 which is 3%

https://www.aerofcu.org/Loans-and-Credit/Home-Equity-Line-of-Credit.aspx

The only other place I was considering was Charles Schwab, but their rate was 4% Not bad, but not great.

I think US Bank is offering 3.99% but, didn’t investigate.
http://www.usbank.com/home-equity/index.html