News & Updates
HELOC is Available for Investment Properties
We recently closed a Heloc for a real estate investor who wanted to use the equity in his investment property. Scenario: Maximizing Equity for Growth Consider a seasoned real estate investor who has owned an investment property for nine years. With a first mortgage...
HELOCS for the Holidays
The festive season is fast approaching, and with it comes the potential for increased expenses. Whether your plans involve traveling, renovating your home, or indulging in a shopping spree, managing your finances wisely is crucial. Instead of accumulating...
Three ways of pulling equity out from your properties
As a mortgage company, we offer 3 ways of tapping into your property's equity. We offer both Income Check and No Income Check loans. 1. Home Equity Line of Credit (HELOC) Our Home Equity Line of Credit is a flexible option that allows our clients to access their...
Boosting Income with Asset Depletion for a HELOAN
A financial advisor sought a second mortgage to consolidate substantial credit card debt. To reduce his Debt-to-Income (DTI) ratio and secure a lower interest rate, we enhanced his documented income using asset depletion. By leveraging 70% of his $300K in three...
Using an AVM for a HELOAN
This unique product includes a limited title policy and AVM with exterior-only appraisal options, along with the benefits of the Low Doc mortgage loan. Key highlights of the Low Doc HELOAN program include a 12-month CPA or accountant-prepared profit and loss...
Your Home Equity with a Fixed Second Mortgage
Are you a homeowner in need of a cash-out loan alternative that allows you to tap into your equity while keeping your first low-rate mortgage intact? If not, it’s time to learn why you should consider our closed-end second mortgage, the Fixed Second Mortgage, as a...
