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05-26-2026, 12:41 PM #1Member
Reputation points: 10
- Join Date
- May 2026
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- 5
Helocs for business owners
Use Helocs to pay off MCA Debt, access capital in the property, or do a side by side to get the client additional capital.
Only works for Residential Zoned Properties
5 Day closing
620 Minimum FICO score
No Appraisal Required
Based on bank statement deposits (doesn't work with canadian banks, ex: TD BANK)
PM Me, shoot me an email or a call!
Matthew Morrow
Cell: 734-612-9266
[email protected]
NMLS: 2553292
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05-26-2026, 01:36 PM #2Senior Member
Reputation points: 35
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- Nov 2021
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- Brickell Miami FL, Office is in Post Falls, ID 83854
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- 237
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06-09-2026, 01:54 PM #3Member
Reputation points: 10
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- May 2026
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I lend against properties and provide HELOC's. The Collateral is the home or apartment. We don't want to have a default on our line or have the hassle of filing a judgement and taking it to courts etc.
Not sure if that answers your question, but they're Residential HELOCS that uses plaid to verify income to approve clients (including business income)
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