Most lenders do not offer these loan options and at great rates.
Solution: HELOC, up to 95% CLTV (Combined Loan to Value):
- 95% CLTV, 680 FICO min, $500k max loan
- 90% CLTV, 660 FICO min, $200k max loan
- 70% CLTV, 740 FICO min, $700k max loan
Borrower Scott is receiving $700k HELOC on his primary property in order to purchase another primary home and keep his current home as a rental. Rate is prime at 3.50%, 3.50% APR, zero margin when direct payment withdrawal from account.
Bonus: investment home HELOCs are also available up to 80% CLTV, 660 minimum FICO, to $400k.
When you want the best loans at the lowest rates, call Dan the Man for Mortgages at 714-310-4162.
Rave review on Google:
“Dan Stone was very knowledgeable and made the process of finding a lender to refinance our mortgage so easy and seamless for us. He did all the legwork and presented us with three very good options. The lender was great to work with and Dan was there the whole way making sure everything was going smoothly. I would highly recommend Dan’s unique service to anyone purchasing or refinancing a home mortgage.” -Deidra M.
“Dan Stone was very knowledgeable and made the process of finding a lender to refinance our mortgage so easy and seamless for us. He did all the legwork and presented us with three very good options. The lender was great to work with and Dan was there the whole way making sure everything was going smoothly. I would highly recommend Dan’s unique service to anyone purchasing or refinancing a home mortgage.” -Deidra M.