Home Equity Loan or Equity Line of Credit

    Home Equity Product Line

  Product line includes:

1. Home Equity Line of Credit ( $75,000 up to $450,000.)
   • Interest only HELOC with 10 years interest only draw period and 20 years amortization
   • Variable Annual Percentage Rate (APR) based on Prime Rate
2. Fixed Rate Second Loan ($75,000 up to $500,000. )
   • Terms available, 5 years to 30 year amortization
   • Interest rates are locked and will not change over time
3. First mortgage position line of credit
   • We offer special pricing for first lien products
   • Loan amount up to $1 million
4. Purchase Money Seconds for Loans and Lines of Credit
   • Lien will go behind any first mortgage lender
5. Simultaneous Closing for First and Second Lien
   • Lien will go behind any first mortgage lender

 

Benefits for You:

Home equity loans are flexible and affordable. Whether you are looking to consolidate debts, finance home improvements and/or major purchases, or simply looking for ways to secure emergency capital, we have products that can help. Some benefits include:

• Wide selection for products to fit individual risk tolerance and financial situation
• A true Stated Income up to 70% financing¹
• Competitive rates
• NO closing costs up to $1,000,000²
• NO application fees
• NO initial draw requirements
• Convenient document signing
• Potential tax deductibility - please consult tax advisor for more detail

Rate example: Prime Rate Index minus 1 (for 1st 6 months).

                    Prime Rate Index + .25 for Stated Income with 720 scores.

Use our Home Equity Loan Debt Consolidation Calculator

        90% - Stated Income up to $250,000 (max property value $2,000,000 )

        80% - Stated Income from  $250,001 to $1 Mil 

       Available to Self-Employed, W2'd and Retired

     Home Equity Lines of Credit; $75,000 to $150,000 - $995 /   $150,001 - $250,000 - $1,295