Button Finance, Inc.

Button Finance, Inc.

50 Main Street, Suite 1053, White Plains, NY 10606

https://www.buttonfinance.com/

Internal Reviews

(0 reviews)

Total loans closed with Loan Factory
17,923

Total loans closed with Loan Factory (past 12 months)
14,517

Lender overview

Basic information

HELOC

Button Finance, Inc. ISAOA/ATIMA 50 Main Street #1053 White Plains, NY 10606

N/A

Lock policies & Fees

Lock Policies

There is a limit of 1 extension per loan
○ A 2nd extension can be approved on an exception basis, the cost is DOUBLE of what the 1st extension would be
● The cost of a 15-day extension is an addition of 0.125% to the rate
● The cost of a 30-day extension is an addition of 0.250% to the rate

N/A

No

Lender's niche & Overlays

Button Finance is a second lien lender offering -

Fixed Rate HELOANs for 10/15/20 and 30 years

HELOCs with 3, 5 or 10 year draws and terms of 10/15/20 and 30 years

Primary Residence to 85% CLTV for 1-4 units

Investment Properties to 80% CLTV -70% CLTV for 2-4 units

Bank Statement Program for O/O, 2nd Home and Investment Properties

FICO scores as low as 660. DTI up to 50%

AVMs to $250K and we can accept your AVM (subject to HPML)

call with specific scenario

Lender turn time

2

2

2

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