Hi,

Wondering if anyone has recommendations on lenders offering HELOC that don’t require your mortgage to be with them. I’ve checked a few credit unions but it’s a slow process since none seen to want to offer the information up front

Thanks

  • investorsexchange@lemmy.ca
    3·
    1 year ago

    As far as I know, there are not. Most banks will give you a HELOC in second place to a mortgage only if they are also the mortgage lender. I was surprised when I learned this last year. You could try asking a mortgage broker.