3d (edited) • Share Your Wins🔱
HELOC 123k!
If you have a home and are able to pull the equity from it to begin your business ventures, it may be a way to use your own property as the bank.
All banks are Not equal. I am a nurse practitioner who is self-employed as a 1099 independent contractor. I opened my practice 21 months ago and for most banks they require 24 months of employment and Tax returns. I had neither so it wasn’t easy.
I researched and researched and connected with a guy from Torro Funding who connected me with a guy from Big Think Capital who secures loans through Figure bank.
I told him my story. He said they will fund the loan using the paid off home as collateral, my stated income, and credit score which on Experian was 731.
They only pulled Experian.
I applied for this loan 6/22 and the funds were in my account 6/27.
#successhasreceipts.
#toGodbetheglory
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HELOC 123k!
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