Index + Margin. 30 Years term, 10 Yrs I/O Draw Period followed by 20 Years Amortization.
Index: Prime Mortgage Rate fluctuated with the market.
Margin: Subject to loan scenarios.
HELOC Program Highlights
Expanded HELOC
Max. CLTV/HCLTV
89.99%
Max. Loan Amount
$350K
Min. FICO
680
30 Years Term: 2, 3, 5, or 10 years Draw Period with a 10 Years Interest Only Draw Period followed by 20 Years Amortization;
No Annual Fee;
No Prepaid Penalty;
Primary & Second home are eligible;
RT/CO: Max CLTV/HCLTV 85%.
Information shown is for general reference and may vary by borrower qualifications and program terms. This is not a commitment to lend. Contact us for full loan details and eligibility requirements.