Here’s what the current program guide says. Every loan still depends on the full deal, so we’ll confirm the details together.
A digital valuation is not guaranteed. If the property's value can't be supported with available data, an appraisal or a different program may be needed.
Use the application that matches the property. If you aren't sure, talk with me first.
How it works
The loan sits behind your existing mortgage. The lender reviews the property value, credit, income or rental income, and your overall profile.
- Primary homes, second homes, and investment properties may be eligible depending on the program
- The first mortgage remains untouched
- Funding may be structured as a line or lump sum depending on the program
- The published page lists combined loan-to-value often up to 80%–85%
Published guide
The current site lists loan amounts typically up to $400,000–$500,000, 10–30 year terms, and possible funding in 5–10 business days.
- Standard qualification usually includes income verification
- Some investor programs may qualify with rental income
- Reserves can be required
- Credit minimums typically fall around 660–700+
Ask Ben for current rates, terms, and the structure available for your property.
Good reasons to compare it
Investors use this type of loan for down payments, renovation work, or liquidity between deals.
- No in-home appraisal when digital valuation is accepted
- Less disruption to an existing first mortgage
- Potentially faster than a full refinance
Tradeoffs to understand
A second lien adds to your total monthly obligation, and second-lien rates are typically higher than first-mortgage rates.
- The loan amount depends on the accepted valuation
- A property with limited comparable data may not qualify for the digital route
- Compare the full cost with a cash-out refinance before deciding