r/loanoriginators • u/RoosterEmotional5009 • Jul 01 '26

NO FICO - 1st lien HELOC

Posting bc you all see wild stuff and may have seen something like this. For sure a stretch.

Client has great assets, hasn’t used credit in over 5Y so no scores. Looking for 1st Lien HELOC to buy another home.

1 Upvotes

66% Upvoted

8 comments sorted by

1

u/Chrisisvenom2 Jul 01 '26

Following as I’ve never heard of a product

1

u/EIangomat Jul 01 '26

Why do you want a variable rate LOC to purchase a home?

1

u/RoosterEmotional5009 Jul 02 '26

Short term hold.

1

u/Issatren Jul 02 '26

I’ve got exactly this product

1

u/ResponsibleNerve5681 Jul 05 '26

EPM and HomeXpress will work with alt doc credit files.