If the home has sufficient equity to pay out debts that are at higher interest rates than our mortgage rates, it just makes sense to bundle them. We want to make sure there is an exit strategy to move to a more traditional lender with a year or two.
60% of appraised value - see our lending areas to see area-specific limits.
No - available in all lending areas
| Document Name | Description |
|---|---|
| Subject Property Appraisal | An appraisal of the property by one of our approved appraisers. |
| Identification | Two pieces of ID, at least one being government issued. |
| Credit Bureau | An Equifax credit bureau for each borrower on the application, pulled within 30 days of submission. |