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Updated over 2 years ago on . Most recent reply

User Stats

13
Posts
8
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Kevin Kramer
  • Investor
  • Gilbert, Az
8
Votes |
13
Posts

Heloc with no income verification

Kevin Kramer
  • Investor
  • Gilbert, Az
Posted

Hello everybody I am looking for a HELOC on my primary to scale my portfolio. I am recently transitioning to a W-2 to a commission job so it most likely has to be no income verification. Has anyone had any success with this. I have good credit and the only debt is my primary mortgage. Based in Az but have properties in Indy.

Most Popular Reply

User Stats

444
Posts
282
Votes
Kristen L Garner
  • Lender
  • Phoenix, AZ
282
Votes |
444
Posts
Kristen L Garner
  • Lender
  • Phoenix, AZ
Replied

Hi Kevin,

Congrats on your new job! As far as the HELOC goes you will likely get the best rates going with your own bank or a bank in general. Each bank has different qualifying standards. For future investment purchases and refinances I have great DSCR and other no income verification / alternative income verification loan programs available that would be a perfect fit your situation. Let me know if you'd like to discuss or ever have mortgage related questions.

PS - I also invest in Indiana (my home town)

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