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.
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