HELOC with stated income 3.88%

A new HELOC (home equity line of credit) program is available that is sure to help people get the financing they seek. It can be used for owner occupied or investor properties, and can be in either first or second position. Best of all, it does not required income documentation.

This stated income HELOC will go to 70% loan to value, is good for purchasing a property or for someone who needs a 2nd TD. A 700 FICO score is required. I believe this will make it easier for people to either purchase or tap into their equity for the things they want.

This is an old fashioned stated income loan: no year of bank statements, P&L or CPA letter on income required! Call or email me if you have any questions.