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Anyone know of an Bank/CU/Lender in CA that will do a simo HELOC on a purchase to 80%?
Try US Bank : usbank.com/brokerloans
I believe Retail can touch it but the broker side is caped at 75%. US Bank Non-Conforming will only do fixed on purchases these days. Wells Fargo can go to 80% on an exception basic with a ton of assets to back up the 2nd.
I hope this helps some.