Loan Program
Fixed Home Equity Loan – Alternative Documentation
A fixed second mortgage that may use eligible alternative income documentation while keeping the existing first mortgage.
A fixed second mortgage that may use eligible alternative income documentation while keeping the existing first mortgage.
Program overview
- Alternative income-documentation paths are available under the source guidelines.
- Owner-occupied, second-home, and eligible investment-property scenarios are addressed.
- The first mortgage, combined loan-to-value, payment qualification, credit, and property requirements apply.
Who this may help
Eligible homeowners or investors considering a fixed second mortgage without replacing the first mortgage.
Key guidelines
- Alternative income-documentation paths are available under the source guidelines.
- Owner-occupied, second-home, and eligible investment-property scenarios are addressed.
- The first mortgage, combined loan-to-value, payment qualification, credit, and property requirements apply.
Important notes
Program information is summarized from the current wholesale source guidelines. Requirements and availability may change. A complete borrower, property, and transaction review is required before determining whether an option is available.
Best next step
Contact RGI Mortgage to review the complete scenario and compare available options.
Know someone this may help?
Send this to a friend, client, or family member comparing mortgage options, or save the link for later.
Next Step
Questions about this loan program?
Talk with RGI Mortgage about whether this option may fit your situation before choosing a loan path.