Helocs for business owners
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  1. #1

    Lightbulb 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

  2. #2
    Senior Member Reputation points: 35
    Join Date
    Nov 2021
    Location
    Brickell Miami FL, Office is in Post Falls, ID 83854
    Posts
    237

    Quote Originally Posted by HelocFunder View Post
    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
    Do you execute real estate loans as collateral pledges also?
    Private Investment Banker
    ECP Accredited
    QIB Accredited
    ENTERPRENEUR STARTUP LLC
    [email protected]

  3. #3
    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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