- August 17, 2015
- Posted by: AGreer
- Category: Loan Programs
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.