A Seamless HELOC Experience
Better rates, lower fees, and a dedication to you and your customers.
Discover the First Tech HELOC
- Earn more with lender-paid compensation: Get 2.0% of the initial draw amount (no cap) for both standalone and piggyback loans.
- Aggregate of up to $3.5 million: The aggregate is based on your borrower’s combined loan-to-value ratio (CLTV).
- Minimal Loan Level Price Adjustment (LLPAs): Competitive margin adjustments for the best possible rate for your borrower.
- Flexible HELOC options: HELOC can be in the first lien position.
- Line amount rate improvements: Borrowers will receive better pricing as the line amount increases.
- Extra savings on piggyback loans: Borrowers receive a 0.50% discount on piggyback transactions.
- Rewards for excellent credit: Borrowers receive .125% margin discount if their FICO is ≥780.
- Up to a 50% DTI with minimal compensating factors: Borrowers can qualify with up to a 50% DTI with minimal compensating factors.
- Qualifying Rate at 2% above the note rate: Borrowers are qualified at 2% above the note rate using the HELOC interest-only payment.
Ready to Partner?
Our partnership process is quick and simple.
Important Program Disclosures
Before proceeding, please review the following information:
1. State Availability
Programs are available only in select states. Contact your Account Executive for current eligibility and state-specific restrictions.
2. Performance and Service Levels
Our goal is to provide an efficient process and timely resolutions. Actual turn times, service levels, and documentation requirements may vary by file, borrower profile, program parameters, and investor requirements.
3. Broker Compensation (RESPA §8)
Broker compensation is paid solely for services actually performed, in accordance with RESPA §8 and 12 CFR §1024.14. Compensation is not conditioned on referrals, referral volume, or any agreement to provide settlement service business.
4. Pricing and Qualification
Pricing, program availability, underwriting guidelines, and qualification criteria are subject to investor overlays, credit requirements, and applicable state restrictions. Additional pricing benefits may be available for certain structures or credit tiers; eligibility varies and is not guaranteed.
5. Consent for Communications (TCPA/CAN-SPAM)
By submitting information or proceeding on this site, you consent to be contacted by First Tech Federal Credit Union via phone, email, or text regarding broker partnership opportunities. Message and data rates may apply. You may opt out at any time.