Corva Flex Equity Solutions Matrix
Flex series closed-end standalone second mortgages allowing borrowers to unlock home equity up to 85% CLTV.
Underwriting Specifications & Parameters
MAXIMUM LTV
85%
MINIMUM FICO
660
MAX LOAN LIMIT
$400,000
UNDERWRITE SLA
< 24 Hours
Program Highlights & Selling Points
- Closed-end second mortgage with fixed monthly payments
- Up to $400,000 second lien balance
- CLTV up to 85% with prime first mortgages
- No prepayment penalty on owner-occupied properties
- Rapid turnaround and minimal documentation
Program Overview & Guidelines
Corva Flex Equity Underwriting Guide
Allows originators to provide equity cash-out liquidity to clients while keeping favorable first-lien terms intact.
Official Program Guidelines & Matrix
Complete underwriting guidelines, reserve requirements, and matrix specifications (PDF).
< 2 HOUR DECISION
Submit Corva Flex Equity Solutions Matrix Scenario
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