Our Portfolio First Lien HELOC is designed to increase your clients’ borrowing capacity with minimal complexity. They’ll enjoy up to 90% Max LTV, with up to $750K maximum loan amount, no cash-out restrictions, and no PMIs. Plus, our customized loan requirements allow for Bank Statement and Asset Depletion incomes, and max DTI 45%. Download and customize the product sheet below to give your clients a quick overview of this new offering.
Borrowing Power & Flexibility
![high-loan-to-value-financing@2x](https://partners.quorumfcu.org/hs-fs/hubfs/high-loan-to-value-financing@2x.png?width=70&height=69&name=high-loan-to-value-financing@2x.png)
90% Max LTV
![quorum_icon_2_min-loan-50k](https://partners.quorumfcu.org/hs-fs/hubfs/quorum_icon_2_min-loan-50k.png?width=70&height=70&name=quorum_icon_2_min-loan-50k.png)
Min. Loan Amount $50K
![quorum_icon_3_max-loan-750k](https://partners.quorumfcu.org/hs-fs/hubfs/quorum_icon_3_max-loan-750k.png?width=70&height=70&name=quorum_icon_3_max-loan-750k.png)
Max. Loan Amount $750K
![quorum_icon_4_pmi](https://partners.quorumfcu.org/hs-fs/hubfs/quorum_icon_4_pmi.png?width=70&height=70&name=quorum_icon_4_pmi.png)
No PMI
![quorum_icon_5_cash-out](https://partners.quorumfcu.org/hs-fs/hubfs/quorum_icon_5_cash-out.png?width=70&height=70&name=quorum_icon_5_cash-out.png)
No Cash-Out Restrictions
![quorum_icon_6_prepayment](https://partners.quorumfcu.org/hs-fs/hubfs/quorum_icon_6_prepayment.png?width=70&height=70&name=quorum_icon_6_prepayment.png)
No Prepayment Penalty
Customized Underwriting
![quorum_icon_7_bank-statement](https://partners.quorumfcu.org/hs-fs/hubfs/quorum_icon_7_bank-statement.png?width=70&height=71&name=quorum_icon_7_bank-statement.png)
Bank Statement Income
![potential-tax-benefits@2x](https://partners.quorumfcu.org/hs-fs/hubfs/potential-tax-benefits@2x.png?width=69&height=69&name=potential-tax-benefits@2x.png)
Asset Depletion Income
![Asset-3](https://partners.quorumfcu.org/hs-fs/hubfs/Asset-3.png?width=70&height=70&name=Asset-3.png)
Less Restrictive Credit Requirements
![quorum_icon_10_dti](https://partners.quorumfcu.org/hs-fs/hubfs/quorum_icon_10_dti.png?width=70&height=71&name=quorum_icon_10_dti.png)
Max DTI 45% (Front/Backend)
![quorum_icon_11_common-sense](https://partners.quorumfcu.org/hs-fs/hubfs/quorum_icon_11_common-sense.png?width=70&height=71&name=quorum_icon_11_common-sense.png)
Common Sense Underwriting
Quick Property Valuation
![quorum_icon_12_avm](https://partners.quorumfcu.org/hs-fs/hubfs/quorum_icon_12_avm.png?width=70&height=71&name=quorum_icon_12_avm.png)
AVMs Allowed Up to $350K
Helping reduce appraisal costs and time involved in securing a loan.
Easy Application-to-Close Process
Quick turn times, seamless online application, and high-touch, personalized service from application to close.
Loan Submission Form
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Pre-screen Submission Request
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HELOC Acknowledgement Form
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