Veronica G

If there is an issue with your credit report, you will need to contact Equifax at 1 (888) 378-4329.Or you can go to their website to reach out at https://www.equifax.com/

When a monthly student loan payment is provided on the credit report, that amount may be used for qualifying purposes.  If the credit report does not reflect the correct monthly payment, the monthl...

United States Citizens United States Citizens are individuals born in the United States, Puerto Rico, Guam, Northern Mariana Islands, Virgin Islands, American Samoa, Swain’s Island. Permanent Resid...

Ownership must be fee simple or leasehold in name of individual(s) or inter vivos revocable trust.The following entities are prohibited:Limited Liability Company (LLC)CorporationPartnershipIrrevoca...

A HELOC cannot close vested in a LLC.The Property Deed needs to be out of the LLC and in the borrower's name before we start the application and when we fund the HELOC. The system will NOT draw up ...

Home equity lines of credit can be used for home improvement, to buy a car, pay for college tuition, to make major purchases including other real estate, or debt consolidation.

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...