Home Equity Line of Credit
Minimum Loan amount is 5% of the first mortgage loan balance or $25K (whichever is greater) and not to exceed $500,000.00.
- Maximum loan amount for loans exceeding 80% CLTV is $250,000.00
Fixed Home Equity Loan
Minimum Loan amount is 5% of the first mortgage loan balance or $45K (whichever is greater) and not to exceed $500,000.00.
- Maximum loan amount for loans exceeding 80% CLTV is $250,000.00
Purchase Money-Fixed Home Equity Loan
Minimum Loan amount is 5% of the purchase price, and maximum loan amount of $250,000.00.
Please reach out to Real Estate Lending at rereferral@firstent.org for additional information or 323.845.4411 or 888.800.3328 (Option 3).