Emily B.

The HELOC allows for 2 borrowers on the applications. We will consider the income, debts, and credit history from both the borrower and the co-borrower in qualification.The number of NPEs on the ap...

The minimum APR that can apply during the term of this Line of Credit is 4.00%. The maximum APR that can apply during the term of this Line of Credit is 18.00% or the maximum APR allowed by applica...

We are here to help during business hours from 9am ET to 8pm ET, Monday through Friday. 

There is an annual fee of $50 for the life of the loan. 

The Work Number Automated payroll verification for W-2 employeesThis is done during the pre-qual process – before hard credit is pulledTrueworkInstant payroll verification for W-2 employeesUsually ...

Step 1The MLO or borrower will select the Income Type on the prequal application.  Step 2 Salary or Hourly Wages: This option is chosen if the borrower has W2 employmentSelf-Employment: Chosen if t...

 If the income type is selected as Salary or Hourly Wages, TWN (The Work Number) will be pulled.TWN is triggered when the SSN for the borrower is enteredIf it comes back successful, the income figu...

Plaid & DTI < 50%If a successful connection is established and the DTI is below 50%, the borrower can keep moving forward without having any other additional steps. Plaid & DTI > 50%If a successful...

If a successful connection via Plaid CRA is not established, the borrower can proceed through Truework.Truework & DTI <50%If a successful connection is established to their payroll provider via Tru...

Plaid allows the borrower to connect to their personal or business bank account for income verification. This is NOT a bank statement program.Requirements for Use of Business AccountsBorrower(s) mu...