Home Equity Line of Credit (HELOC)
Home Equity Line of Credit (HELOC) loans give homeowners the financial flexibility to do so many things they always wanted to over the years. Renovate your home to add even more value, buy an investment property, pay education bills off, or clear up debts.
Home Equity Line of Credit (HELOC)
FEATURES
· Very competitive Variable Interest rates for HELOC’s
· Offering a Combined Loan-to-Value ratio up to 97.5%
· Various options including piggybacking purchase or refinance, true standalone transactions, 1st lien HELOCS, and interest only bridge loans
· Fully amortizing over the life of the loan
· Flexible terms with several options
· Qualifying Credit Scores as low as 620
· No assets verified, no reserve required, and no condo questionnaire
WHAT IS A HOME EQUITY LINE OF CREDIT?
Home Equity Line of Credit (HELOC) is a variable-rate line of credit based on your appreciated home value that you can continually borrow from and pay back over a set term.
