Veronica G

In the timeframe before accepted the prequalified offer up until the day of funding, a borrower may connect their bank account for the funds to be delivered via Automated Clear Housing (ACH) or Rea...

The HELOC is a standalone product. It requires a minimum 75% draw at closing and has no prepayment penalties:Available in all 50 states and DC• Minimum Loan Amount $25,000*• Maximum Loan Amount $50...

NY, RI, DC, IL, MA, UT, NM, DE, HI, OH CLTV cap dependent on credit score Tennessee CLTV cap dependent on credit score Draw Terms and Structure: 5-year interest-only; 10-year repayment period Texas...

Minimum 75% initial draw disbursed at closing.5-year interest-only draw period; 25-year repayment period (fully amortizing).NOTE: Tennessee Exception: 5-year interest-only; 10-year repayment period...

HELOC / Home Equity Line of CreditThe HELOC / Home Equity Line of Credit is a 30 yr product. There is a 5-year interest-only draw period, and 25-year amortization repayment period*. The product has...

The HELOC program uses a waterfall approach to income verification, prioritizing automated methods before resorting to manual reviews.Please note that we uses a third-party vendor to confirm employ...

AVM Valuation - 30 daysHard Experian FICO8 credit pull - 90 daysIf any of these pass the expiration date, they will be rerun and may cause updates to the HELOC offers (HELOC loan amount, CLTV, etc). 

Eligible Property TypesSingle Family Residence 2-4 Units PUD / Townhome / Condo (Warrantable and Non-Warrantable) Modular Homes (Factory-Built) Ineligible Property TypesAgricultural Zoned Propertie...

There are no pre-payment penalties for the HELOCs. 

If a debt is reflected on the borrower’s credit report, the borrower is personally liable for the debt and it must be included in the debt-to-income ratio. Debts paid by the borrower’s business or ...