Home Equity Loans & Lines of Credit



  • Quick and Easy Home Equity Lines of Credit or Fixed Rate 2nd Loans
    We can do these loans within 14 days with all documentation. It is not unusual for 7 day closings after receiving all of your documents. 

    Home Equity Product Line

      Product line includes:

  • Home Equity Line of Credit ( $150,000 minimum up to $500,000)


    • Interest only HELOC with 10 years interest only draw period and 20 years amortization

    • Variable Annual Percentage Rate (APR) based on Prime Rate
    • available on Full Doc and Stated Income loans

  • Fixed Rate Second Loan ($150,000 minimum up to $500,000)

    • Terms available, 5 years to 30 year amortization
    • Interest rates are locked and will not change over time
    • available only with Full Documentation,

            Stated Income or No Job Verification loans (DISCONTINUED!)

  • First mortgage position Line of Credit ($250,000 minimum)

    • We offer special pricing for first lien products
    • Loan amount up to $1 million

  • Purchase Money Seconds for Loans and Lines of Credit



    • Lien will go behind any first mortgage lender ( Neg. amortization OK )

  • Simultaneous Closing for First and Second Lien


    • Lien will go behind any first mortgage lender*

    •  

    Benefits for You:

    These Home Equity Loans are flexible and affordable. Whether you are looking to consolidate student loans, car loans, credit cards, finance home improvements and/or major purchases, or simply looking for ways to secure emergency capital, we have home equity products that can help which includes:

    • A true Stated Income Loan Program up to 100% financing1
    • Competitive rates
    • NO closing costs up to $1,000,0002
    • NO application fees
    • NO initial draw requirements
    • Convenient document signing
    • Pay only Interest Only on what you draw on the HELOC
    • Potential tax deductibility - please consult tax advisor for more detail

    Restrictions apply. Ask for details.


    * Please consult your tax advisor about your personal situation.

     1 - Maximum Equity Line of $250,000 to $500,000 for 100%; $400k for refinances

           Maximum is $250,000 to $400,000 for 90% financing

           Maximum $250,001 - $1,000,000 for 80% total financing

     2 - Fixed Rate Loans of $150,000 or more; If Less, Flat fee from $995 to $2,000

        - Home Equity Line of Credit of $200,000+;  If Less, Flat fee from $1,495 to $1,995

        - depending on credit score and state



What’s Inside