Home Equity Line of credit without income verification

August 2, 2022 | Posted by: Alex Vinarski

I can arrange up to $1,000,000 Home Equity Line of Credit HELOC up to 80% of the property value without any income verification. HELOC can be done  as a first or second mortgage, and based purely on the equity in your home. This is home equity loan, so no pay stub, or tax return required. No upfront fee. Only need mortgage application, and appraisal ordered by the lender. Canada only, not available in USA.

Another good product is Home Equity Visa. It's registered as a 1st or 2nd mortgage, up to $500,000. Rate 7.9%, and clients get 1% cash back on purchases. For this product lender wants to see business registration, and confirmation that business actually makes money (business bank statements showing deposits, paid invoices etc). Don't need to show tax return.

When you are not qualify with the bank because of the credit or income, you can get mortgage with B lenders under stated income program. Don't need to show tax return. Only provide business registration and bank statements showing deposits from business. Minimum down payment 20%. Good for purchase and refinancing. 
Rate 5.2%. 

Regular private mortgages from 7% in first position, and from 8.95% in second position. No income verification, no up front fee, fast funding, same day commitment. 
We can go up to 85% of the house value with income verification.

I can arrange private mortgage in Vancouver, Burnaby, Richmond, Coquitlam, Surrey, Langley, Maple Ridge, Delta, Port Moody, North Vancouver, West Vancouver, Chilliwack, Hope, Victoria, Nanaimo, Kelowna, Kamloops, Whistler, Squamish.

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