No Doc HELOC (Home Equity Line of Credit)

Are you a self-employed borrower in need of cash? Look no further! Our No Doc HELOC program is designed specifically for self-employed individuals who want to tap into the equity they have in their homes without having to provide income documentation.

With the No Doc HELOC program, you can access the cash you need while maintaining the rate you have on your primary mortgage. This means you don’t have to worry about refinancing your existing mortgage or paying higher interest rates.

One of the key benefits of the No Doc HELOC program is that no income documentation is needed to qualify. This gives those self-employed borrowers or let’s even say the unemployed borrowers access to their property equity, we focus on the equity you have in your property.

• 680 credit score required

• 50% LTV

• Primary, 2^nd home, or investment properties

• 12 months reserves required, 6 months if have more than 1 property

• Trust deeds Ok

• 10-year interest-only draw with 20-year payout, 30 yr loan

By leveraging the equity in your home, you can use the funds for various purposes such as home improvements, debt consolidation, or even starting a new business. The No Doc HELOC program gives you the flexibility to access your property’s equity without the usual income documentation requirements.

So, if you’re a self-employed or unemployed borrower looking to tap into your home’s equity, our No Doc HELOC program is the perfect solution for you. Contact us today to learn more about how you can benefit from our No Doc HELOC program