Products
HELOC Overview
The HELOC program is Home Equity Line Of Credit.
Index + Margin. 30 Years term, 10 Yrs I/O Draw Period followed by 20 Years Amortization.
Rate: CLICK HERE
* Index: Prime Mortgage Rate floated with the market.
Margin: Subject to loan scenarios.
HELOC Program Highlights
Expanded HELOC
Max. CLTV/HCLTV
89.99%
Max. Line Amount
$350K
Min. FICO
680
♦ 30 Years Term: 2, 3, 5 or 10 years Draw Period with a 10 Years Interest Only Draw Period followed by 20 Years Amortization;
♦ No Annual fee;
♦ No Prepaid Penalty;
♦ Primary & Second home are eligible;
♦ RT/CO: Max CLTV/HCLTV 85%.
Express HELOC
Max. CLTV/HCLTV
90%
Max. Line Amount
$500K
Min. FICO
680
♦ Primary, 2nd Home and Investment are eligible;
♦ Full Doc/Bank Statement;
♦ U.S. Citizen/Permanent Resident Alien.
HELOC Flyer
