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Heloc

HELOC Overview

The HELOC program is Home Equity Line Of Credit.

Index + Margin. 30 Years term, 10 Yrs I/O Draw Period followed by 20 Years Amortization.

Rate: CLICK HERE

* Index: Prime Mortgage Rate floated with the market.
   Margin: Subject to loan scenarios.

HELOC Program Highlights

Prime HELOC

 No Prepaid Penalty;
 
Title and Escrow Closing Fee $370-$650 (Closing with Title Company Designated by AAA LENDINGS);
 Concurrent (Max CLTV/HCLTV 89.99%)(Min FICO 680) (The 1st lien must be done at AAA)/Standalone(Max CLTV/HCLTV 85.00%)(Min FICO 700)

 Max Line Amount $500,000
 Investment Ineligible
 Primary Home (Concurrent Max CLTV/HCLTV 89.99%)(Standalone Max CLTV/HCLTV 85.00%)
 Second Home (Concurrent Max CLTV/HCLTV 80.00%)(Standalone Max CLTV/HCLTV 80.00%)

Expanded HELOC

 No Annual fee;
 No Prepaid Penalty;
 Primary & Second home are eligible.

 RT/CO: Max CLTV/HCLTV 85%

HELOC Flyer


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