FICO +700 first 6 mo. starting at 3.8% Interest only. 70% LTV/CLTV

Mortgage and Lending with Bob Thompson Capital Advisors, Account Executive


Stated Income Home Equity Line of Credit

1)  (NIVA) Home Equity Line of Credit (HELOC), No Income Verified - Verified Assets

Owner-Occupied, Non-Owner Occupied and Second Homes,

SFR's, 2-4's and Condos.

No Income is listed on the Application. 620+ FICO needed. FICO over 700 first 6 months starting at 3.8% Interest only. 

Loan amounts from $150,000 - $1,500,000.

Up to 70% LTV/CLTV 

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. floating over WSJ Prime in 1st position. 


6.50% interest only start rate. 10 year draw period, 20 year amortization. 2 floating over WSJ Prime in 2nd position. 

3 monthly repayment options are available.

Must provide proof of 18 months of reserves.

Available in: CA, IL, TX, GA, NV, NJ and NY. Other States subject to approval.

Fees: 2.5 points + $845 processing in a Holding Escrow.*


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Mortgage / Finance
New Jersey
Realtors Needing the services of the Lending Powers
Private Money Lenders
Stated Income Loans in California - (562) 344-LOAN
70 ltv
no income heloc

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

I am sure  your phone will be ringing with clients inquiring on this

Feb 08, 2018 07:43 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Bob Thompson, 562.344.5626 | ALT Doc, No Income HELOCs

Bob Thompson Capital Advisors - CRE & Residential
How do I Qualify and Apply for an ALT Doc Loan ?
Spam prevention

Additional Information