by Dan the Man for Mortgages | Feb 7, 2023
Do you own an investment property and looking to get cash out through HELOC? Yes, these loans are available and I know where to get the best deals. HELOC 2nd options: – 80% CLTV, prime +3.50% margin – 70% CLTV, prime + .25% margin – 70% CLTV, prime +...
by Dan the Man for Mortgages | Dec 21, 2022
Homeowners are looking for lower costs to finance home upgrades, pay off credit card debt and lend to family members as needed. Prime rate, and the Fed Funds rate, is expected to keep rising to combat inflation and stay high through 2023 until the inflation rate...
by Dan the Man for Mortgages | Dec 13, 2022
Are you looking for cash out of your home? I have many great options, including a HELOC at 6.09% rate and 6.12% APR. But, what if you are self-employed and don’t qualify for a traditional Home Equity Line of Credit because you write off a large amount of expenses on...
by Dan the Man for Mortgages | Apr 13, 2022
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...
by Dan the Man for Mortgages | Sep 28, 2021
Interested in getting cash from your home to pay off credit card balances, upgrade your home, buy a second home, invest, or help a family member with a down payment to purchase a home? Solution: Home Equity Line of Credit (HELOC) for up to $700k to 70% combined loan...