Home Equity Line of credit without income verification

December 21, 2021 | 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. Rates from 6.95% in first position, and from 9.9% in second. 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. 

Another good product is Home Equity Visa. It's registered as a 1st or 2nd mortgage, up to $250,000. Rate 5.99%, 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. B lenders are also banks, with special programs for clients who have credit problems or income verification problems.
Rates from 2.69% for 1st mortgage. 

Regular private mortgages from 4.69% in first position, and from 5.95% in second position. No income verification, no up front fee, fast funding, same day commitment. 
We can go up to 95% 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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