Home Equity Loan
Home Equity Loans offer flexibility to easily access available funds anytime within the first 5 years. Easily finance any purchase, consolidate debt, or fund home improvements. There is no prepayment penalty, or early closure penalty. Easily qualify by stating your income and verifying 60 months PITIA (Principal, Interest, Taxes, Insurance & HOA) based on loan amount amortized over 15 years. 42 of 60 months PITIA may come from equities; 18 months PITIA must be verified.
| Lending Criteria | Description |
| Purpose: |
|
| Property Type: |
|
| Max Loan-to-Value |
|
| Borrower Types: |
|
| Minimum Credit Scores |
|
| Prepayment Penalty |
|
| Maximum Debt-to-Income (DTI) |
|
| Recourse |
|
| Broker Fee |
|
| Terms |
|
| Loan Amounts |
|
| Closing Timeframes |
|
| Amortization |
|
| Collateral |
|
| Other Costs |
|