This unique program allows borrowers to secure a loan up to 60% Loan to Value without the need for traditional income verification. This No Income Check Heloc is available in all counties of Massachusetts.
For self-employed individuals or those with non-traditional income sources, the No Income Check option can be a game-changer. By eliminating the need for income verification, borrowers can streamline the loan application process and access the funds they need where traditional banks do not offer this Home Equity line of credit program.
- 1-4 residential units
- Must have at least 680 credit score
- Primary, 2nd home, or investment properties
- Max loan amount is $2 million
- Min loan amount is $75,000
Massachusetts residents looking to pull equity from their properties can benefit from this program. With a Loan-to-value ratio of up to 60%, homeowners can access a significant portion of their property’s value without providing detailed income documentation.
Whether you’re a freelancer, contractor, small business owner, or simply have fluctuating income, the No Income Check HELOC option in Massachusetts offers a flexible solution tailored to your specific needs. By working with MortgageDepot, you can take advantage of this innovative program and secure the financing you need to achieve your homeownership goals.
Contact MortgageDepot today to learn more about the No Income Check Home Equity Line of Credit option in Massachusetts that we offer.