We’re quickly coming into holiday HELOC season.
Your Clients Need Help
Your clients may be overextended, with credit cards maxed out and too much month at the end of their money.
Many of them have a first mortgage with a rate in the 2’s or 3’s and don’t want to touch it.
Many of them are self-employed and don’t show enough income on their tax returns, despite being cash-flow positive.
Many of them simply won’t qualify at your bank or credit union for a HELOC due to scores, income, property condition, or something else.
You Can Still Be The Hero, Even If Denying Their HELOC.
Scores down to 600
AVM for property values (so we won’t see the half-completed kitchen renovation).
Bank statement deposits count as income.
Only one borrower’s scores are used, so joint income into the same bank account might save the deal with a low-score co-borrower.
Investment properties are eligible.
Why This Might Matter
If you must deny your client’s HELOC application, the conversation is easier when there may still be an opportunity to help.
Work With Me
Do you have a deal that doesn’t fit your credit policy but the client seems solid?
Reply to this email or call me at 616.298.2743 for a same-day answer if I can help.
What I Specialize In
HELOCs (complex income, credit issues, or property condition challenges)
VA loans with high DTI or non-traditional income
Low credit scores with compensating factors (equity, down payment, strong income)
Recent self-employment with documentable income
Non-QM and investor DSCR loans
Construction loans (especially investment property, FHA/VA construction, or large renovation projects)
What I Typically Don’t Do
Manufactured homes under $150K loan amount
Raw land purchases
Construction loans under $300K
One case study per week showing scenarios we’ve been able to help with