Prime Home Equity Lines of Credit

Lenders Nationwide has home equity credit line options for borrowers with prime credit. Consider using your home equity for a prime rate payment reduction, cash out, debt consolidation or simply accessing additional cash. Refinance loans can be a valuable tool for many purposes. Get a traditional home equity loan refinance or consider a cashing in on your home’s equity through a 1st mortgage refinance while the interest rates are still below seven percent nationally.

Find a Local Broker or Mortgage Lender in your neighborhood! Search for lenders and shop interest rates with the top home mortgage lenders online. Get free quotes for a 2nd mortgage refinance and consider our unique programs for bad credit, rate and term, debt consolidation and cash out.

Home Equity Line Features:

• 15,20, 25 30-year fixed to the prime rate index (reported in the Wall Street Journal)
• HELOC’s behind Negative Amortization
• Interest Only: 10/5, 10/10, 10/25 (draw/ fixed repayment period)

Full Documentation and 12 Month Personal and Business Bank Statements

• Loan amounts up to $600,000 for Full Documentation

Stated Income and Reduced Documentation

• Loan amounts up to $300,000

•	Competitive Home Equity Rates
•	Get Rate Quotes from Top Home Equity Lenders
•	Search from over 100 Home Equity Programs
•	Choose from 2nd Mortgage or Credit Lines
•	Select from Fixed, Variable, Interest Only or Negative Amortization Rate Options

Home Equity Lines of Credit:

• Open-end home equity loan
• Revolving home equity line of credit
• Minimum loan amount: $25,000;
• Maximum loan amount: $500,000
• Variable rate linked to prime rate index
• 10-year Draw Period
• No Closing Cost option available
• Now available in all 50 states

- Home Equity Rates As Low As Prime Minus 1.125%

- 100% Stated Behind Neg-Am's With No Grossing Up The 1st Mortgage

• Stated Income HELOC Guidelines –
• Negative Amortization 1st Ok,
• No 1st Mortgage Gross Up

- No Asset Verification for Stated Income Or Full Documentation Home Equity Loans

- No Seasoning Requirements: Borrow Using Current Appraised Value.

- Dti's To 55% - Qualify At Interest Only Payments