Are you looking for up to $500k in cash-out using a HELOC (Home Equity Line of Credit) and do not show enough income on your tax returns to qualify for the loan?
Great news, a new loan program is available for self-employed borrowers:
- $500k maximum HELOC or $600k fixed rate second
- 3/27 = 3-year interest only payments, then 27-year principal & interest payments
- 5/25 = 5-year interest only payments, then 25-year principal & interest payments
- 24 months bank statements
- Rates starting at 9.875% @ 1 point
For more details, or for any other loan program or rate questions, call Dan at 714-310-4162.
Recent review on Google:
“Dan Stone quickly and efficiently helped me find the best deal in my area. Totally worth it. Thank you, Dan!” -Maria V.
“Dan Stone quickly and efficiently helped me find the best deal in my area. Totally worth it. Thank you, Dan!” -Maria V.