Homeowners with a SunTrust home equity line of credit have a strong credit history, a low loan - to - value
ratio on their primary residence, and verifiable income.
Not exact matches
Sample APR assumes a new $ 100,000 HELOC in second lien position with a combined loan - to - value (CLTV)
ratio of up to 70 %
on a 1 - to 4 - unit owner - occupied
primary residence and a borrower with excellent credit.
Step 7: Now you have the credit score back, some reserve in the bank and your DTI
ratio is in better shape, banks will probably be very likely to give you a cash out refinance
on your
primary residence to use for investments.