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FGMC Launches Non-QM Loan Program To Tap Equity - Vimarsana News

FGMC Launches Non-QM Loan Program To Tap Equity

First Guaranty Mortgage Corp. (FGMC), a Texas-based mortgage financing company, has added a stand-alone second-lien program to its Maverick Solutions list of Non-QM products. The second-lien program is designed to increase opportunities for homeowners to access the equity in their homes without disrupting previously locked-in rates on their primary mortgage, FGMC said.

Non-QM lender FGMC unveils new second-lien offering - Vimarsana News

Non-QM lender FGMC unveils new second-lien offering

Program gives borrowers an "affordable alternative" to access their home's equity

Source: mpamag.com