Equity Advantage Our Non-QM stand-alone second mortgage product is a financing solution that allows borrowers to keep their current first lien mortgage and interest rate while unlocking equity in the underlying subject property.
Program Highlights
Stand-alone second lien mortgage only Primary, second home, and investment properties Minimum 680 FICO Loan amount up to $500,000 Maximum CLTV 85% for a primary home Maximum CLTV 70% for second homes and investment properties
Single family residence, PUD, townhomes, 2-4 units Full doc, personal and business bank statements
Warrantable condos Maximum DTI 50% No reserves required
84 months seasoning required for bankruptcy, foreclosure, short sale, and deed-in-lieu
Let's close your real estate transaction with ease and an on-time close and fund.
817-913-5309 snichol@thelendingcorporation.com Scott Nichol
www.thelendingcorporation.com
Company NMLS#:2621251
This flyer is a promotional advertisement for loans offered through The Lending Corporation. All loans are subject to credit approval, and the terms are subject to change. THE LENDING CORPORATION NMLS 2621251
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