Standalone 2nd Mortgage

Qualify with Bank Statements or Full-Doc

Our loan product is unique in the industry, as it enables borrowers to obtain a bank statement 2nd mortgage of up to $1 million. Unlike a HELOC, this is a home equity loan that provides the entire loan amount at once. This loan program can be used for a variety of purposes, such as cash-out refinancing, debt consolidation, or piggyback purchase junior liens, and is available for primary residences, second homes, and 1-4 unit investment properties.

Loan Amounts From $200k to $1M

  • 1-year bank statements or 1-year full doc
  • Up to 75% CLTV
  • Minimum credit score: 680 FICO
  • Max combined loan amount: $5 Million
  • Fixed terms: 10/15/20/30
  • Interest-only available on 30 year term

Loan Amounts From $150k to $450k

  • 1 or 2-year bank statements or 1 or 2-year full doc
  • Up to 90% CLTV on full-doc, 85% on bank statements
  • Minimum credit score: 660 FICO
  • Max combined loan amount: $2 Million
  • Fixed terms: 10/15/20/30
  • Balloon terms 30/15 – 40/15 (minimum $200k loan)