Financing in Portland>Question Details

Kelly, Home Buyer in Portland, OR

Anyone know of a lender that has a low LTV HELOC program for investiment properties? I would liket to use the equity in a rental to buy another.

Asked by Kelly, Portland, OR Mon Jun 13, 2011

Help the community by answering this question:


Check with Kelly Parkman at NW Mortgage - 503-528-9800
0 votes Thank Flag Link Tue Jun 14, 2011
Hi Kelly,

David Labovitz with NW Mortgage Group specializes in working with investment properties. I would surely give him a call.

Hope this is helpful.

Mary Jo Williams
Principal Broker
Prudential NW Properties

David Labovitz
SR Loan Officer

Oregon License ML 797
NMLS Number: 130509
Corporate NMLS Number: 40562
Northwest Mortgage Group
16100 NW Cornell Rd #190
Beaverton, OR 97006
503-439-9191 Office
503-439-9292 Fax
503-515-8234 Cell
0 votes Thank Flag Link Mon Jun 13, 2011
Kelly, all I could say is to contact the following lenders and asking them. If neither of them can do it then I apologize but I don't have a lender that can and I won't promise you they can do things when I'm unsure if they can.

Please let me know if you need any other assistance.

Mike Maguire

Michael Wright
0 votes Thank Flag Link Mon Jun 13, 2011
Hi Kelly, I strongly recommend Eric Newman. His contact information is below. Bonny Crowley, Broker/Owner Portland Principal Realty LLC. 503-784-0011

ERIC P. NEWMAN | P: 503.698.5801 | F: 503.716.4604
Senior Mortgage Banker
Apply Online 24/7
MLO-97776 ~ NMLS-12072
10121 SE Sunnyside Rd, Suite 230, Clackamas OR 97015 - Corporate
Web Reference:
0 votes Thank Flag Link Mon Jun 13, 2011
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