We’ve rolled out powerful new enhancements to our HELOC platform designed to give borrowers more flexibility, stronger qualification options, and smarter ways to leverage their home equity
What’s New in Our HELOC Program?
1. Co-Borrowers Are Now Supported
This is a major upgrade. Borrowers can now apply with a co-borrower. Whether it’s a spouse, partner, or family member, adding a co-borrower can now help turn borderline files into approved deals.
- Stronger income qualification
- Improved debt-to-income ratios
- Higher approval odds
- More purchasing and borrowing power
2. Built-In Debt Consolidation
We’ve taken HELOC functionality to the next level by integrating debt consolidation directly into the loan process. All at closing, rolled into one lower monthly payment backed by home equity. By reducing monthly obligations, borrowers can now qualify at higher DTIs (up to 50%), enabling more deals.
- Pay off high-interest credit cards
- Consolidate personal loans
- Eliminate multiple monthly payments
HELOC Program
- Loan amounts up to $400,000
- Flexible income documentation:
- W-2 / Salaried
- Fixed income
- Self-employed (12-month personal or business bank statements)
- Co-borrowers allowed
- Debt consolidation up to 50% DTI
- First lien HELOCs (for free-and-clear properties)
- Second lien options available
Maximum CLTV:
- 90% – Primary Residence
- 85% – Second Homes
- 75% – Investment Properties
Apply today or speak with a HELOC specialist.
