Home Equity

Newfi Wholesale has Piggyback & Standalone Home Equity Line of Credit (HELOC) and Second Mortgage home equity solutions for your borrowers looking to consolidate debt or access cash.

Olympic Peaks Home Equity Line of Credit (HELOC)

A flexible way to help your clients access their equity without touching their first mortgage rate!

Available on Primary Residences & Second Homes
Line Amounts from $100k-$350k
85% Maximum CLTV
30-Year Term with 10-Year Interest-Only Draw Period
640 Minimum Credit Score
Self-Employed Borrowers Allowed
Not Available in CO, IA, MN, TN or TX

See Matrix for Olympic HELOCS(.pdf)

Olympic Peaks Second Mortgage

Help your clients access their equity without touching their first mortgage rate with a second mortgage!

Available on Primary Residences & Second Homes
Line Amounts from $100k-$350k
85% Maximum CLTV
20-Year and 30-Year Fixed Term
640 Minimum Credit Score
Self-Employed Borrowers Allowed
Not Available in CO, IA, MN, TN or TX

See Matrix for Olympic Second Mortgage(.pdf)

Let’s talk about your business goals and how we can help.