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Second Mortgage Information:
Within Every Home Lies a Wealth
of Opportunity!
Home equity credit is one of
the most popular forms of consumer credit among
home owners. There are lines of credit and second
liens on a home loan available to 125%. These home
equity loan products offer minimal paperwork, low
start rates, and three different risk grades to
help qualify home borrowers to get a great home
equity loan.
Tandem Home Loan Program - One
Call, Two Loans, So Many Benefits!
When borrowers "tandem" a Home
Equity Line of Credit (HELOC) or Fixed Rate Second
loan with their first mortgage, they may qualify
for a larger total home loan amount, eliminate MI,
or avoid jumbo loan pricing. Tandem Home Loan
Programs let you close two loans at the same time
without extra documentation! For example, you have
an 80/20 Tandem package under the Expanded
Criteria family, requiring no down payment, and
STILL no MI! There's also have an 80/10/10 with a
Fast & Easy home loan program for borrowers with
excellent credit, which allows a great home loan
at a great price, up to 90% CLTV with no mortgage
insurance and no reserves.
Streamline Home Equity Line of
Credit Program!
Streamline Home Equity Line of
Credit is a pre-approved home equity loan for
borrowers who are funded with an eligible servicer
first mortgage up to six months ago. There's no
documentation requirements and the Super
Streamline HELOC loan can close concurrently with
a Fast & Easy home loan for salaried or
self-employed borrowers with excellent credit, a
great home loan package at a great price, up to
90% CLTV, with no reserves and no home mortgage
insurance.
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