Did you know that HELOCs offer competitive pricing and flexible payment options? More and more homeowners are turning to HELOCs to tap into the equity that they’ve built over the years. Plus, most homeowners have a very attractive first mortgage interest rate that touching that would be a sin. Putting a Heloc on top of your first mortgage just got easier with us. We have been helping homeowners with Helocs since the Helocs product was introduced.
We can either offer a full income verification Helocs which would be about 90% of the value of the property or we can offer a No income check home equity line of credit but that product is limited to 65% or in most cases 50% of the value of the property.
Keep in mind that we offer Helocs for a primary residence, second home, or investment property.
Our HELOCs Can Help Borrowers…
- Come in with less money down on your purchase transaction with our 80/10/10 product
- Avoid excessive jumbo overlays by keeping your 1st mortgage at the high balance or conforming loan limit while adding a HELOC
- Recoup part of your down payment for home renovations, etc. (Post-Close Piggyback HELOC)
- Tap into equity without touching their 1st mortgage rate (Stand-Alone HELOC)
- With demand continuing to increase, there’s never been a better time to inquire about getting a HELOC.
Contact us today to discuss how we can help with obtaining a home equity line of credit.
