HomeEquities.com, a leading mortgage company specializing in home equity lines of credit, is excited to announce the launch of its new Stand-Alone Home Equity Line of Credit (HELOC) Program. This innovative program allows homeowners to tap into their home equity without affecting their first mortgage.
With our Stand-Alone HELOC Program, applicants can take advantage of the following features:
- Flexible Draw Options: Choose from 2 Year, 3 Year, 5 Year, and 10 Year Draw options
- Generous Line of Credit Amount: Access up to $500,000 in home equity
- High Combined Loan-to-Value (CLTV) Ratio
- Favorable Debt-to-Income (DTI) Ratio: With a DTI ratio of 49.95%,
- Flexible Documentation Options: HomeEquities.com accepts both bank statements and full documentation
- Minimum FICO Score Requirement: To qualify for the Stand-Alone HELOC Program, applicants must have a minimum FICO score of 680,
- Versatile Property Types: homeowners can utilize the Stand-Alone HELOC Program for primary residences, second homes, and investment properties.
To learn more about our Stand-Alone HELOC Program and to start your application today, contact us to speak to a professional who knows what they are talking about.