Investment Property HELOC Rates
Investment Property HELOC Rates: what do real estate investors need to know?
Price a non-owner-occupied first or second lien equity loan by FICO, CLTV, and term. Note rate, origination fee, and estimated P&I from the current wholesale pricing schedule. Final eligibility, pricing, and terms are subject to a complete application, credit and property review, and full underwriting.
- Price a non-owner-occupied first or second lien equity loan by FICO, CLTV, and term.
- Note rate, origination fee, and estimated P&I from the current wholesale pricing schedule.
- Every figure shown is an estimate for business-purpose investment property financing only — not an offer or commitment to lend.
- Simply Approved Mortgages is a licensed mortgage broker (NMLS #2620881), licensed for residential lending in Florida and Colorado and arranging business-purpose investor loans across our approved 37-jurisdiction footprint.
Price your investment property equity loan
Enter your scenario to see matching options from the current wholesale pricing schedule. Results are based on the schedule in effect on the date shown, are subject to change, and are not an approval, commitment, or guarantee of financing.
Business-purpose investment property financing only. Owner-occupied use is not supported. Property state is required, and only states where this program is currently offered are listed. State does not affect the rate shown.
Current pricing
Pricing shown is based on the current active wholesale pricing schedule and the scenario assumptions you entered. It is not live pricing, not an approval, not a commitment to lend, and not a guarantee of rate, terms, or eligibility. Rates and terms are subject to change and may not be available at commitment or closing. For a first lien, combined loan-to-value is calculated as the requested loan amount divided by property value in this version of the tool. No APR is displayed here. Third-party costs, taxes, and insurance are separate and are not included. Simply Approved Mortgages LLC is a mortgage broker, not the funding lender. Business-purpose investment property scenarios only; owner-occupied use is not supported. Equal Housing Opportunity. NMLS #2620881.
Pricing a 2nd lien behind an existing mortgage?
Second-position requests have their own product page covering combined loan-to-value, lien priority, and who the structure fits.
Investment property HELOC pricing questions
Is this pricing live?
No. These options come from the current active wholesale pricing schedule, and the pricing tool shows its effective date on screen. Pricing is subject to change and is not a commitment, approval, or guarantee.
Why is no APR shown?
This tool shows the note rate, origination fee, and estimated principal and interest only. An APR is provided later with your scenario-specific cost detail.
Which lien positions are supported?
Non-primary first lien and non-primary second lien investment-property equity pricing. Owner-occupied and consumer-purpose requests are not supported.
Can I get a HELOC on a rental property I own free and clear?
Yes. A paid-off rental can typically be financed in first-lien position, and the equity available depends on the property value, requested CLTV, and credit tier at the time of pricing. Terms are illustrative and subject to appraisal and full underwriting.
Is the draw period fixed or does it vary by scenario?
Draw and repayment structure vary by program and are shown in your scenario detail rather than as a single blanket figure. Confirm the specific structure for your CLTV and lien position before relying on it.
Does a second-lien HELOC affect my first mortgage terms?
No. Adding a second-lien equity line does not modify your existing first mortgage rate or payment; it sits behind it in priority. Some first-lien servicers require notice or consent, which your loan officer will confirm.
What credit tier is typically required for investment property equity lines?
Pricing is organized into FICO bands, and stronger credit tiers generally unlock higher CLTV and better terms. The pricing tool reflects the band you select and is not a guarantee of approval at that tier.
Can the equity line be used across a whole rental portfolio?
This tool prices a single subject property. Portfolio-wide facilities secured by multiple properties are a different structure and would be quoted separately with full underwriting.
How quickly can an investment property equity line close?
Timelines depend on title work, appraisal scheduling, and how quickly documentation is returned, and vary by lien position and state. There is no standard closing date promised on this page; ask your loan officer for a scenario-specific estimate.
What CLTV bands are typically available on an investment property equity line?
CLTV bands vary by lien position, property type, and credit tier, and the pricing tool will only return options for combinations currently supported. Higher CLTV requests generally carry a higher note rate to offset the added leverage risk.
Can I use an investment property HELOC on a 2-4 unit property?
Eligibility for multi-unit non-owner-occupied properties depends on the specific program and state; enter the property details into the tool to see which lien positions and CLTV bands return pricing for that unit count.
Is there a minimum draw or minimum line amount?
Program minimums and maximums vary by lien position and are shown in your scenario-specific detail rather than a single fixed number here. Confirm minimum draw and line-size requirements with your loan officer for the exact program you are pricing.
Get a scenario review on your equity request
Send the property address, value, existing lien balance, and target loan amount.
Get Your Personalized Rate QuoteHow We Evaluate This Scenario
A DSCR file is judged on the property, not your tax returns: qualifying rent divided by PITIA — principal, interest, taxes, insurance, plus HOA and flood where they apply. Most programs use the lesser of the in-place lease rent and the appraiser's market rent, so a lease signed below market usually caps the ratio no matter how strong the comps look.
Three inputs move the outcome more than anything else: rent support on the appraiser's rent schedule (Form 1007 or 1025), the LTV tier, and the credit tier. Dropping leverage by five points or moving up a FICO band frequently changes pricing more than shopping a different lender does.
Before you write an offer, price taxes and insurance at post-sale levels rather than the seller's current bill. In reassess-on-transfer states and in coastal insurance markets, that single adjustment is the most common reason a deal that penciled at contract fails the ratio at underwriting.
Reviewed by Simply Approved Mortgages · NMLS #2620881. Business-purpose investor lending only.
Get your personalized investor loan quote
Pick the loan type that fits your deal and complete a short, tailored pre-qualification. A licensed loan officer follows up with an initial scenario review once we have your credit authorization and supporting documents — usually the same business day. Formal pricing and terms follow underwriting.
Pick a loan type
You can change this any time.Tell us about your scenario
The form below is tailored to DSCR rental loan — only the questions your program needs.