Need unseasoned; stated HELOC on Florida Condo

My partner and I have 20% into the condo now with a possible $10k in additional equity. To all brokers; let me know if you can help.

If the property was owner-occupied and you have a FICO above 680 that’s not a problem, but it is not going to happen stated on an investment property.

Non seasoning 2nds are available for investment properties up to 90% , even on stated w/ a 660 score.

However the cost in relation to the loan size may shock you.