HELOC for your clients
Explore our HELOC rates, available in 42 states and the District of Columbia.
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More detailsCOMPETITIVE RATES FOR YOUR CUSTOMERSHELP YOUR CUSTOMERS SAVE MONEY THANKS TO LOWER MARGINS
Lower Margins = Lower Rates -
More detailsNEW AND IMPROVED HELOC PRODUCT!MAJOR IMPROVEMENTS
- FICO as low as 680 now accepted up to 85% CLTV
- No front end DTI - quality with 45% back end DTI only
- Increased exposure to $1,250,000 with 680 FICO
- Maximum total exposure increased to $2,000,000 for 730+ FICO
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More detailsGREAT NEWS!SELF-EMPLOYMENT INCOME CHANGES
ORDINARY BUSINESS INCOME NOW ALLOWED FOR 25% OWNERSHIP OR GREATER.- Easier income qualifying
- Similar to first mortgage guidelines
- Can add back depreciation
- From IRS Schedule K-1, may use Ordinary Business Income or Distributions - advantage for the customer
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Current rates -
loan-calculatorCompare payments -
faqFrequently asked questions
Benefits of a TCF HELOC
- Help your borrowers avoid mortgage insurance.
- Guide your borrowers to avoid Jumbo costs.
- Provide your clients with more buying power.
- See your clients save in the long term.
- Help your clients tap into additional equity.
- Close more first mortgages.
- Work with our reliable, experienced team members who are motivated to close your loan.
- Enjoy quick closings.
