Home Equity Line of Credit (HELOC)
Investment property HELOC — a home equity line on rental property from Lendmire
Loan Program

A credit line on the rental, first mortgage untouched.

An investment property HELOC opens a revolving line against the equity in a rental or second home and leaves the existing first mortgage — and its rate — exactly where it is. Line, leverage and credit tier set by the investment lane of the HELOC program, in 16 states.

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The Fundamentals

A second lien that revolves.

The line sits behind the existing first mortgage as a second lien. You draw what you need during the draw period, pay interest on the balance, repay, and draw again — without refinancing the first mortgage or resetting its rate. The line is the difference between the program’s combined loan-to-value ceiling for investment property and the balance on the first, capped at the program’s maximum line.

The investment lane carries a higher credit floor than a primary-residence line, and combined leverage steps up with the score. Full-documentation income qualifies on the standard lane; self-employed owners can qualify on bank deposits instead through the bank statement HELOC, a sister program with its own hub.

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Program Options

Three paths through investment property equity.

A revolving line on a rental, a line on a second home, or a deposit-qualified line for the self-employed owner — each on its own lane of the program.

Most Popular

Investment Property HELOC

A revolving line behind the first mortgage on a non-owner-occupied one-to-four-unit property. Investment-lane leverage and credit tiers; the first mortgage stays put.

Vacation Homes

Second Home HELOC

The same revolving structure on a second home, at the second-home leverage cells. Draw for improvements, reserves, or the next purchase.

Self-Employed

Bank Statement HELOC

Qualify the line on twelve or twenty-four months of bank deposits instead of tax returns — primary, second home or investment property.

HELOCs are consumer-purpose products with full disclosure, available in the sixteen states where Lendmire is licensed for consumer mortgages. Guidelines vary by lender, occupancy, credit tier and line size. Figures on this page are wholesale program parameters, not offers. Lendmire LLC, NMLS# 2371349, is a mortgage broker and never the lender.
Why Lendmire

Equity access, without the refinance.

A cash-out refinance replaces a first mortgage most investors would rather keep. An investment property HELOC leaves it alone: the line comes from a separate wholesale program, funds in days rather than weeks, and costs nothing when it is not drawn.

We run two lanes side by side — the standard investment lane and the bank statement lane for self-employed owners — and place each file where its income reads best. One licensed loan officer from the scenario review to funding.

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Program Highlights

Fast access. Rate preserved.

First Lien Stays
The line is a second lien. The first mortgage, its rate and its payment are never touched.
Investment Lane
Combined leverage and the maximum line are set by the investment lane of the HELOC program; the credit floor is higher than a primary line and leverage steps up with the score.
Days, Not Weeks
Automated valuation on smaller lines and a streamlined closing put funds in place far faster than a refinance.
Two Ways to Qualify
Full-documentation income on the standard lane, or bank deposits on the bank statement HELOC for self-employed owners.
Also Consider

Programs worth comparing.

If a line isn’t the right structure — or the goal is a larger lump sum — these programs cover the alternatives.

Lump Sum

Investment Property Cash-Out Refinance

Replace the first mortgage with a larger DSCR loan and take the difference at closing, qualified on the property’s rent.

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Primary Residence

Home Equity Line of Credit

A HELOC or home equity loan on the home you live in, at primary-residence leverage and credit cells.

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Self-Employed

Bank Statement HELOC

The deposit-qualified lane: twelve or twenty-four months of bank statements in place of tax returns.

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Learning Center

Know before you borrow.

HELOC guides, second-lien strategy, and equity-access comparisons for rental owners from our licensed loan officers.

Take the Next Step

Tools to move from reading to action.

Tool One

HELOC calculator

Size the line: the program’s combined-leverage ceiling applied to the property value, less the first-mortgage balance.

Calculate Tool Two

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See your offer in seconds. No credit pull, no obligation.

Start Tool Three

Browse programs

See every loan program Lendmire offers — from HELOCs to DSCR to bank statement — and find the right fit.

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See your investment property HELOC options in seconds.

See your offer in seconds. No credit pull, no obligation.

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Available In 16 States

Investment property HELOCs, state by state.

Access rental property equity without refinancing your first lien. State-specific guidelines, credit requirements, and line sizing for each state we serve.