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HOME EQUITY LOANS
A home equity loan is a form of credit in which your home serves as collateral. A home equity loan can be advanced in one lump sum or can be in the form of a credit line that allows you to pay interest on only the amount of money that you draw. Credit lines are usually at a lower rate and will adjust with Wall Street prime. For more info on Bay's Home Equity products, see our Home Equity FAQ.

Bay Financial Home Equity Products:
  • Credit lines and fixed terms available

  • LTV up to 125%

  • Credit scores down to 620

  • Loan amounts up to $500,000

  • Purchase money/"piggy backs" allowed

  • Stated income programs available