Rental property

Put your rental's equity to work

Pull cash from an investment property for the next deal or upgrade. Check your number in 60 seconds.

100% free & no obligation
Soft pull. Won't hurt your score
Results in under 60 seconds

Can you get a HELOC on a rental property?

Yes. If you've owned the rental for at least 12 months, you can borrow against its equity without selling or refinancing it.

Investors use it for down payments on the next property, renovations between tenants, or paying off higher-rate loans.

Why investors use a rental property HELOC

Up to $250,000

Borrow up to 75% of the property's value with a 720+ score.

Rental income counts

Connect your bank and rent deposits can count toward income.

Held in a trust? Fine.

Revocable family trusts qualify. Every trustee signs.

Fixed rate

Lock it for 10, 15, 20 or 30 years.

Line size: Up to $250k; Line size
Of the property's value: Up to 75%; Of the property's value
Owned before you apply: 12 months; Owned before you apply
Credit score: 680+; Credit score

How much can you borrow on a rental?

Up to $250,000 and 75% of the property's value with a 720+ credit score. With 680–719, up to $100,000 and 70%.

Example: a $400,000 rental with a $180,000 mortgage. 75% of the value is $300,000, so you could borrow up to $120,000.

How it works

1
Check your number
A few questions. No credit pull.
2
Pick your amount
Slide to the cash you want and see your payment.
3
Apply online
Sign online and get your money.

See my potential savings

Who qualifies

Credit score of 680 or higher
Owned for at least 12 months
In your name or a revocable family trust (no LLCs)
No bankruptcy in the last 4 years
Single-family home, townhome, condo or planned community

Rental property HELOC questions

How long do I need to own it?

At least 12 months before you apply.

How much can I borrow?

Up to $250,000 and 75% of value with 720+ credit; up to $100,000 and 70% at 680–719.

Can it be in an LLC?

No. It has to be in your name or a revocable family trust.

Will checking hurt my credit?

No. Seeing your numbers takes no credit pull. A soft pull comes only when you apply.

Where is it available?

46 states and DC. Not yet in California, Hawaii, Massachusetts, Nevada or New York.