Features of the Watson HELOC Program
Flexibility:
The Watson HELOC is an ideal solution for many borrowers. Gift funds are ALLOWED, and there are NO asset or reserve requirements. We also allow for non-occupant co-borrowers!
Jumbo Loan Rescue:
Loans falling apart, just days before closing? Not when you use the Watson HELOC! Combined our HELOC with a Conventional First, and you can save you borrowers from jumbo meltdown!
Provide Needed Liquidity:
Using a Post-Close Piggyback from Watson Lending is a great way for your borrowers to have access to some much needed cash for things like home improvements!
Connect with a Watson Mortgage Loan Originator to learn more!
• Maximum Line Sizes
$750k 80% CLTV*
$500k 89.99% LTV**
• 680 Minimum FICO***
• Multiple Properties Allowed (Maximum 10)
• Maximum $3MM CLTV*
• 89.99% Maximum CLTV*
• 700 Minimum FICO***
• Multiple Properties Allowed (Max 10)
• $500k Line Size
• Maximum $3MM CLTV*