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HELOC
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| Product Features: |
| · Line amounts up to $500,0002 |
| · Interest Only payment options during the draw period1 |
| · Up to 90% CLTV for DynamicLine3; Up to 90% LTV for DynamicOne3 |
| · Decision credit scores as low as 680 |
| · DTI up to 50% |
| · Primary Residence and Second Homes |
| · Competitive margins at high CLTVs |
| · No asset verification for Primary Residence loans |
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For more information on our Home Equity products, please call your Indymac Sales Professional or 1-888-Indymac today! |
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 submit your loans to e-MITS now! |
Get pre-qual and instant pricing online via QuickPricer®*.
Rapid decisions and ratelock are available online with e-MITS®*. |
Get marketing materials and product information in Spanish at
Zona Hipotecaria. |
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Ensure your applicants understand that with HELOCs, their payments and rates may increase significantly over time. If the applicants choose to make interest only payments, their loan balances will not decrease which may result in a lack of equity buildup and/or a decline in equity. |
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Maximum 50% for Texas properties. |
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Maximum 50% LTV and 80% CLTV for Texas properties. |
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| Guidelines are only for reference. Refer to the Indymac Bank Lending Guide for detailed information on products, programs, procedures, representations and warranties. |
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| *Rates, fees and programs are subject to change without notice. |
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| Rate sheets do not represent program guidelines. Please refer to the Indymac Bank Lending Guide for specific parameters. |
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Get Approved! |
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Become an Indymac Bank approved seller. |
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