Quick answer
Yes, you can get a HELOC on a property owned by an LLC, but not at most banks. Specialty programs lend to the LLC with a personal guarantee from the members, qualifying on the property's rental income (DSCR-style) or your personal income. Expect lower limits than a primary home, commonly around 70–75% combined loan-to-value, and slightly higher pricing. You don't have to take the property out of the LLC.
Requirements at a glance
| Requirement | Most lenders | Our program |
|---|---|---|
| Vesting | Must be in your personal name | LLC can stay on title; members personally guarantee |
| How you qualify | Personal income and tax returns | Property rental income (DSCR-style) or personal income |
| Combined loan-to-value | Often not offered | Commonly around 70–75% |
| Property types | Primary residence only | 1–4 unit rentals held in an LLC |
| Entity documents | N/A | Articles, operating agreement, EIN, good standing |
| Credit score | N/A at most banks | Considered with compensating factors (reserves, equity) |
Typical industry ranges as of September 2026. Our program terms depend on credit, property, occupancy, and the full file; not a commitment to lend.
Why LLC property is hard to finance, and how this works
Investors put rentals in an LLC for liability protection and bookkeeping. The problem is that most HELOC lenders only lend to individuals, so they ask you to deed the property out of the LLC first, which can undo the protection you set it up for and may raise title or insurance issues.
An LLC HELOC lends to the entity. The members sign a personal guarantee, and the lender qualifies the file either on the property's rent compared with its expenses (the DSCR approach) or on your personal income. For rentals held in your own name, see the investment property HELOC.
Example: a rental held in an LLC
A duplex owned by Oak Street Holdings LLC is worth $600,000 with a $250,000 first mortgage. It rents for $4,600 a month.
- At 75% combined loan-to-value: $600,000 × 75% = $450,000.
- Minus the $250,000 mortgage = a line of up to about $200,000.
- The lender checks that the rent covers the mortgage, the new HELOC payment, taxes, insurance, and HOA dues (a DSCR around 1.0 or higher is common).
Illustrative only. Limits and DSCR minimums vary by program and property.
Who it fits
- Investors who hold rentals in an LLC for liability protection
- Owners who don't want to deed a property out of their entity
- Investors pulling equity to buy their next property
- Owners of short-term or long-term rentals with strong rent
- Portfolio investors who qualify better on rent than personal income
How it works: 3 steps
- Get a rate estimate. Soft credit pull only. Tell us the property, what you owe, and how you earn; we tell you which path fits and what line size to expect.
- Send your documents. Usually the LLC's articles of organization, operating agreement, EIN letter, and certificate of good standing, plus leases or rent history, the mortgage statement, insurance, and ID for each guarantor. We review them before anything is ordered, so you know where you stand early.
- Close and draw. Many files use an automated valuation instead of an in-person appraisal. Timing depends mostly on valuation, title, and how quickly documents come in.
Related programs: investment property HELOC · HELOC vs. DSCR loan · no-doc HELOC
Frequently asked questions
Can I get a HELOC on a property owned by my LLC?
Yes, with a specialty lender. Most banks require the property in your personal name, but LLC HELOC programs lend to the entity with a personal guarantee from the members, qualifying on rental income or personal income.
Do I have to deed the property out of my LLC?
Not on an LLC HELOC program. The property can stay vested in the LLC. Moving it out can affect your liability protection, insurance, and title, so it's worth avoiding if you can.
How much can I borrow on an LLC-owned rental?
Investment-property lines are commonly capped around 70-75% combined loan-to-value, less than on a primary home. Your line is that percentage of the property's value minus what you owe.
What documents does the LLC need?
Typically articles of organization, the operating agreement, the EIN letter, and a certificate of good standing, plus leases or rent history and ID for each member who guarantees the loan.
Can I qualify on the rent instead of my personal income?
Often, yes. A DSCR-style approach compares the property's rent with its payments, taxes, insurance, and HOA dues. If the rent covers them (a ratio around 1.0 or higher is common), your personal income may not be needed.
Which states is the LLC HELOC available in?
Audi Garner (NMLS #190235, West Capital Lending NMLS #1566096) is licensed in 22 states: Alabama, Arizona, Arkansas, California, Colorado, DC, Florida, Hawaii, Idaho, Iowa, Kansas, Maine, Maryland, Minnesota, Missouri, North Dakota, Oregon, Pennsylvania, South Dakota, Tennessee, Virginia, and Washington.
Talk to a licensed HELOC lender
Get a rate estimate or ask a question — direct answer from Audi Garner, Branch Manager & Broker (NMLS #190235). No sales pitch. No hard credit pull.
Get a 60-second rate estimate
Soft pull only. Written quote emailed within 1 business day.
Ask Audi a HELOC question
Direct answer from a licensed originator. Usually within 1 business day.
Related HELOC resources
Investment Property HELOC
Rental lines in your own name.
HELOC vs. DSCR Loan
Which fits your next deal?
Investment Property HELOC Requirements
What investors need to qualify.
