HELOC on a property owned by an LLC — what are my options?
The HELOC available in this program is for individuals and revocable trusts, not LLCs or other entities. For an LLC-owned rental, ask the Silt desk about DSCR cash-out instead; you can still submit your property details through the HELOC referral form for that follow-up.
THE NUMBERS
| Line amount | $15,000 – $750,000 (program’s range; your maximum depends on value, liens, credit and verified income) |
|---|---|
| Valuation | Automated valuation for eligible lines under $400,000 · appraisal above $400,000; confirm the exact threshold with the lender |
| Rate type | Fixed; variable where this program offers it (not in every state) |
| Terms | 5, 10, 15 or 30 years |
| Draw structure | 100% drawn at origination · repaid principal can be redrawn for 2–5 years, each redraw priced on its own date |
| Funding time | As few as 5 business days, on eligible lines, with remote online notary on lines under $400,000 |
| Origination fee | 0% – 4.99% of the initial draw, on eligible lines |
| Property use | Primary residence, second home and investment property; the lender confirms property-type eligibility |
| Combined LTV | Varies; 85% used only for illustrative equity arithmetic |
| Credit | Soft pull to see an offer · minimum generally 640, 680 on investment property |
| Ownership | Owners on title individually, jointly or in a revocable trust — not an LLC |
| Availability | Varies by state |
PROGRAM FACTS AS OF OCTOBER 2026 — not a quote, an offer or a commitment to lend. Rates, terms and eligibility are set by the lender and change.
Should I transfer the property out of the LLC?
Do not transfer title just to chase a line without legal and lender advice. Ownership is part of eligibility, and moving title can affect existing loan terms and insurance; a DSCR route may preserve entity ownership.
What should I send the desk?
Send the rental address, estimated value, current liens, desired proceeds and ownership. These are starting facts for a review, not an offer; the desk evaluates the rental refinance separately.
Worked example — illustrative, not an offer
| Estimated property value | $600,000 |
|---|---|
| Current mortgage | $300,000 |
| Equity (value minus mortgage) | $300,000 |
| Desired cash-out | $100,000 |
| Replacement balance before costs | $400,000 |
| Illustrative balance ÷ value | 66.7% |
Arithmetic only, not a closing or a loan quote. Actual value, combined LTV, fees and eligibility are determined by the lender.
WHAT YOU'LL NEED
- Property and mortgage details — address, estimated value and all existing liens.
- Ownership and personal income — the lender verifies eligible ownership and personal income.
- Use and repayment plan — include funds needed, timing and reserves.
FREQUENT QUESTIONS
- Will the lender lend to my LLC?
- No. The approved ownership types are individuals and revocable trusts.
- Will the form discard my request?
- No. Choose LLC or other entity and continue for a DSCR cash-out follow-up.
- Is DSCR a second lien?
- A cash-out refinance replaces the existing mortgage; it is not the same structure as a HELOC.
- Is a title transfer required?
- Not to ask about the entity-owned rental route; discuss any proposed transfer with your attorney and existing lender.
RELATED
Reviewed October 2026 · Home equity lines are offered through a lending partner; Silt Capital does not originate HELOCs. Terms and eligibility are set by the lender.