Property and income
Choose your qualifying track and credit tier, then enter property value, existing first-mortgage balance and income. Your quote updates as you type.
Current 1st lien CLTV: 42%
50% is standard for business accounts. Use 0% for personal accounts.
Auto loans, credit cards, student loans, and your existing 1st mortgage payment.
Estimated standalone 2nd lien
$200,000
Max permissible CLTV
75%
Interest-only payment
$1,646/mo
Qualifying income
$20,000/mo
Debt-to-income
14%
Payment shown at a 9.875% placeholder rate. 5-Year Interest-Only Draw / 30-Year Maturity / 25-Year Amortization. 75% CLTV — Investor bank statement, 720+ FICO, loan ≤ $500k.
- Automated valuation (AVM) available — no full appraisal required.
Loan sizes $50,000 – $1,000,000 · $0 origination & broker fees
Your quoted terms
Based on the figures above, here is the structure we would quote.
- Second-lien amount
- $200,000
- Maximum CLTV
- 75%
- Interest-only payment
- $1,646/mo
- Placeholder rate
- 9.875% interest-only
- Draw period
- 5-year interest-only draw
- Amortization
- 25-year amortization
- Maturity
- 30-year maturity
- Lien position
- Standalone 2nd — first mortgage untouched
- Occupancy
- Investment property only
- Loan size range
- $50,000 – $1,000,000
- Valuation
- Desktop AVM eligible (to $400,000)
- Fees
- $0 origination, $0 broker — third-party costs only
- Prepayment
- No prepayment penalty on the draw
- Vesting
- Individual or LLC
- Automated valuation (AVM) available — no full appraisal required.
Estimates only, using the published guideline matrix and a placeholder interest-only rate. Final terms depend on FICO, CLTV, valuation and index pricing at lock. Not a commitment to lend. Proprietary qualification model — output is for your own scenario only and may not be reproduced or redistributed.
Happy with the quote? Lock in the next step.
Quote questions
Most scenarios get a desk response the same business day. Read the second mortgage FAQ or the investment property HELOC guide.