HOME EQUITY AND HELOC PROGRAM
Welcome to Cotton Funding and Investment Group. This page outlines the Basic Terms of our funding options. Applicant's seeking Custom Terms should get in touch with us.
At the Last Section of this page, you will find Video Reviews from recent clients we funded, as well as the Loan Application Form.
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Closing in 7-10 days
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No Pre-Payment Penalty
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Appraisal required
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Draw Period up to 10 years for HELOC
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Interest-only payments during draw period
PROPERTY TYPES
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Single family residences
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Condos
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Townhouses
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Secondary residences
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Investment properties
Features | Home Equity Loan | HELOC |
|---|---|---|
Interest Type | Fixed | Varaible |
Minimum Loan Amount | $20,000 | $20,000 |
closing cost | 1%-3% | 1%-3% |
Credit Score Requirement | we fund bad credit | we fund bad credit |
Equity Requirement | Minimum of 20% | Minimum of 20% |
Access to Funds | Lump sum disbursement | HELOC account transfers. |
closing cost | 1% - 2% of loan amount | 1% - 3% of credit limit |
Monthly Payments | Fixed monthly payments | Principal+interest |
Loan Term | 5, 10, 15, or 20 years | up to 20 years |
Interest Rate | as low as 6.75% | as low as 6.11% |
VIDEO REVIEWS
Video reviews from satisfied borrowers which highlight our commitment to transparency and customer satisfaction.
APPLICATION
Submit your Home Equity or HELOC Application
PROGRAM TERMS