Turn rental equity into a lump sum
Home Equity Loans on Rental and Investment Property
A home equity loan gives you a lump sum against the equity in a property, repaid on a set schedule. The Funding Clinic is a mortgage broker that helps real estate investors look for home equity loan options on rental and investment property where a lending partner offers them.
The Funding ClinicMailing address: 5665 W. Wilshire Blvd #1506, Los Angeles, CA 90036(844) 524-3863 · Mon–Fri 9:00 AM–5:00 PM
01 / Understand the loan
What to Know About Home Equity Loans on Investment Property
One lump sum. One set schedule.
A home equity loan lets you borrow a fixed amount against the equity in a property you own and repay it over a set period. Equity is the difference between what the property is worth and what you still owe. Investors use this kind of loan to pay for a renovation, to fund a down payment on another property, or to consolidate costs on a rental. Many home equity loans have fixed payments, which makes them easier to plan around.
A home equity loan is often a second loan on top of your current mortgage, so your first mortgage stays in place. If you would rather replace your current loan with a new, larger one, a cash-out refinance is another route. Many banks only offer these on a primary home, so options for a rental can be limited. The property is the collateral, so missing payments could put it at risk.
Availability, eligibility, and terms vary by lender, property, and state. Nothing on this page is a commitment to lend or a rate quote.
02 / See how it fits
Who It Helps
- Investors who want a lump sum for a renovation or a down payment
- Owners who want to keep their current first mortgage in place
- Owners with equity in a rental or small multifamily property
- Investors comparing a home equity loan, a HELOC, and a cash-out refinance
What to Have Ready
Requirements differ by lender and program. These items often come up:
- A completed loan application and credit authorization
- The property address and an estimate of its value
- Your current mortgage statement
- The current lease or rent information
- Entity papers if the property is held in an LLC
- Proof of reserves
03 / Wherever your property is
Home Equity Loans on Investment Property Beyond Los Angeles
We work with borrowers by phone and video, so you can book a call from wherever your property is. Whether a program is available depends on the lender, the property, and the state, so tell us where the property is and we will tell you what may fit.
Based in Los Angeles? See Home Equity Loans on Investment Property in Los Angeles or see where we work.
04 / A little clarity
Common Questions
What is a home equity loan on an investment property?
It is a loan for a fixed amount, secured by the equity in a rental or investment property and repaid on a set schedule.
Can I get a home equity loan on a rental property?
Some lending partners offer them. Availability depends on the lender, the property, your qualifications, and the state.
How is a home equity loan different from a HELOC?
A home equity loan is a lump sum with a set repayment schedule. A HELOC is a line of credit you draw from as needed.
Home equity loan or cash-out refinance?
A home equity loan adds a second loan and leaves your current mortgage in place. A cash-out refinance replaces your current mortgage with a new, larger one. The better fit depends on your current loan and your goals.
Is my property at risk?
A home equity loan is secured by the property, so missing payments could put it at risk. Borrow only what you are confident you can repay.
05 / Explore your options
Related Loan Options
Know Who You’re Working With
The Funding Clinic is a mortgage broker. We arrange loans funded by third-party lenders. View our BBB business profile to learn more about our company. Read our Google reviews
Your next move starts here
Ready to talk about your deal?
Tell us about your deal. We will help you find the right loan.
The Funding ClinicMailing address: 5665 W. Wilshire Blvd #1506, Los Angeles, CA 90036(844) 524-3863 · Mon–Fri 9:00 AM–5:00 PM