Qualifies using full-doc or business bank statements (bank sourced data)
Minimum 640 FICO score
OO up to 85% HCLTV
NOO up to 80% HCLTV
Loan amounts up to $500k
Program features Digital Bank Statement HELOCs, making it easier for self-employed borrowers to qualify using bank statements instead of traditional income verification.
At Utmost Pro, Inc., we believe accessing your home’s equity should be straightforward and stress-free. That’s why we’ve created a fully online HELOC solution designed to meet your needs.
With our Digital HELOC, you may continue to enjoy your current low interest rate first mortgage and enjoy a blended rate that is likely lower than refinancing your current mortgage. All of this can be accomplished from the comfort of your own home, and with our streamlined digital process, we have removed much of the pain and costs associated with obtaining a HELOC. As an example, most of our HELOC’s do not require an appraisal, which allows you access to your home’s equity in just a few days.
