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New York - all counties! No Income Verified HELOC to 70% LTV
             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 3.88% interest 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, GA, NV, NJ and NY. Other States subject to approval.  Fees: 2.5 points + $845 processing in a Holding Escrow.*     Requirements and Documentation:
Complete the Loan Application, leaving the income section blank, initial, sign, date and return. Provide copies of the Bank Statements (Last 2 for HELOC), Mortgage Coupon, Insurance Declaration page, Driver's Licence, Social Security Card, Note, Mortgage or Deed of Trust. We will provide a Loan Marketing Agreement and Escrow Instructions, to be fully executed and returned. Please scan in pdf format, label in order, example (1/18, 2/18, ect.) and upload all documents to a Dropbox file ... more

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