Specialized Mortgage Program
A second-lien home equity line of credit that allows homeowners to access equity without refinancing their existing first mortgage.
Underwriting at a glance
- Minimum FICO
- 640+
- Max LTV (purchase / rate-term)
- 85%
- Max LTV (cash-out)
- -
- Loan amount
- ? - $750,000
- Documentation
- -
- States
- AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, WI, WY
Highlights
- •2nd lien and 1st lien options available
- •Up to 85% CLTV
- •No prepayment penalty
- •Approvals in about 5 minutes
- •Funding in as few as 5 days
- •Full digital origination from application to funding
- •Full digital origination
- •First-lien HELOC
- •LLC-owned properties eligible
- •Submit-to-fund in as few as 5 days
- •Full digital origination experience
- •Online borrower prequalification
- •Real-time loan status updates
- •Available for primary residences and investment properties
- •Eligible for 1st or 2nd lien position
- •Fast 5-10 day qualification process
Want to see if you qualify?
Tell us about your scenario - we'll come back with current pricing and exact guidelines.
Program guidelines and rates can change at any time without notice. Last confirmed 5/19/2026. Not a commitment to lend.
Today's mortgage rates
Conventional
5.875%
5.906% APR
FHA
5.375%
5.405% APR
VA
5.375%
5.402% APR
Conv: 80% LTV, 780 FICO. FHA: 96.5% LTV, 680 FICO. VA: 100% LTV, 680 FICO. 30-yr fixed. Your rate may vary.