Updated: Home Equity Line of Credit Program

17.08.2015
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You can purchase your next property, refinance your current mortgage, or get cashout from your primary or second home up to 90% loan to value with no mortgage insurance with our Home Equity Line of Credit.

Max 90% CLTV for combined liens of no greater than $1,275,000.

-Purchase, rate/term refinance, and cashout refinance all up to 90% loan to value

-Primary residence or second home

-No mortgage insurance

-Closed concurrently with any one of our 1st mortgage products

-Up to a 45% debt to income ratio

-Minimum credit score of 720 from main wage earner

-No credit score requirement for co-borrower

-No title insurance required on 2nd mortgage

-30 Year mortgage with a 10 year interest only payment and draw period

-Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply.

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