5000 reserves: Up to 70% LTV - HELOC - No Income Verified or Taxes needed, from 3.8%
- 02/01/18 07:59 PM
No Income-Verified Home Equity Line of Credit (HELOC) No Income Verified - Verified Assets Owner-Occupied, Non-Owner Occupied and Second HomesSFR's, 2-4's and Condos. 620 minimum FICO700 + FICO - first 6 months starting at 3.8% interst only. Loan amounts from $150,000 - $1,500,000. 70% LTV to $1,000,000 loans outstanding (including new HELOC) 50% LTV to $1,500,000. 5.50% interest only start rate. 10 year draw period, 20 year amortization.1 floating over WSJ Prime in 1st position. or 6.50% interest only start rate. 10 year draw period, 20 year amortization.2 floating over WSJ Prime in 2nd position or paying off liens. Maintain a deposit account with the Bank and reduce your rate up to .5% Available in: CA, MA, TX, IL, (2 comments)
Stated Income Loans, NO Income verified HELOCs and Low Documentation loans for Commercial and Residential Assets in Florida, New York, California and Nationwide.
We have access to unique lending products from Hedge Funds, Private Money, Private Party, REITs, Banks for ALT-doc Loans and Jumbo Stated Income-Verified Assets loans.