Veronica G

The borrower will need to subordinate the lien as long as it is lien is NOT a HELOC. This needs to be signed and notarized prior to closing. The original needs to be sent to our third-party title c...

A trust is a legal entity, not something that can own/possess a property, a trustee is acting on behalf of the trust. A trustee must be listed as an owner - we have had several properties lately no...

Once the HELOC is on-boarded with our servicer Shellpoint Mortgage Servicing, the borrower will receive a welcome letter package and a draw book.  The minimum for additional draws is as follows:  ...

NFTYDoor uses the Experian Decision engine tool for the credit standard review.    Installment Debt: Installment debt is a monthly obligation with fixed payments and terms. Payments on installment...

$1,000 for any state other than Texas$4,000 for TexasNo draw fees in any state

If a debt is reflected on the Borrower‘s Experian FICO8 report, the Borrower is personally liable for the debt and it must be included in the debt-to income ratio. Debts paid by the Borrower‘s busi...

The NFTYDoor HELOC allows for 2 borrowers on the applications.    The number of NPEs on the application is limited to 4 persons. If the person is on title and is not a borrower or co-borrower, they...

HOMEBRIDGE FINANCIAL SERVICES INC.99 Wood Ave. South, Suite 301ISELIN, NJ 08830

Please note that due to the nature of the NFTYDoor HELOC, there is no set monthly payment amount.    The NFTYDoor HELOC is an adjustable rate and interest only for the 5-year draw period.    This m...