HomeBridge is pleased to announce the margins on the HELOC program have been lowered for transactions with a 700 and higher credit score for both primary residence and second home transactions. There is no change to the margins for transactions with a credit score < 700.
- Greater than 80% CLTV margin now 1.49% (previously 1.74%)
- 70.01% CLTV to 80% CLTV margin now .99% (previously 1.24%)
- Less than 70% CLTV margin now .49% (previously .74%)
Updated HELOC Matrix
The updated matrix has been posted on the HomeBridge website at www.HomeBridgeWholesale.com
If you have any questions, please contact your Account Executive
