DealDesk: Equity Select, A Flexible HELOC W/ Payments As Low As 1% HighTech Lending
In a market where most lenders cap debt-to-income ratios around 43% to 50%, Equity Select opened the door for a much broader, well qualified borrower pool without sacrificing credit standards. The structure demonstrated how homeowners can receive meaningful payment relief without being forced into full amortization, making it a strong solution for refinances, cash-out scenarios, and high equity borrowers struggling with cash flow.