Robert McLister·General·November 21, 2010Equity Mortgage A mortgage where approval is based predominately on the amount of equity in a property, and its marketability. Traditional income confirmation is usually not required. Prime lenders also rely on the applicant’s credit history and score. Non-prime lenders don’t care as much about the applicant’s credit history. Equity lending is more risky. Therefore, loan-to-values rarely exceed 75-80%. Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.