You are currently viewing Heloc Cash Out

Heloc Cash Out

  • Post author:
  • Post category:Blog

Heloc Cash Out-    For all the same reasons you would take a cash out refi but keep your low rate mortgage.

5 Day HELOC:

Min score 640

Stand Alone HELOC – Primary Residence, Second Home or Investment (SFR, Townhome, Warranted Condo Only)

Funds available in as few as 5 days

No restrictions on use of cash out

Up to 80% combined loan to value

No standard appraisal

Standard HELOC

Primary and Second Homes – Single family, 2-4 unit, PUD and Warranted Condos

20 year term – First 10 years Interest Only – Years 11-20 Repaid in Full

Min FICO 640

Max Loan to value 85%

Max DTI 50%