Unlock Your Home's Equity
for What Matters Most

Access the funds you need with our flexible HELOC and Cash-Out Refinance options. Lower rates, simplified process, and personalized solutions for homeowners.

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5.25%
Average HELOC Starting Rate
$150k+
Average Accessible Equity
10-30yr
Flexible Term Lengths

Why Choose Home Equity Financing?

Discover the advantages of leveraging your home's equity for your financial needs

Lower Interest Rates

Enjoy significantly lower interest rates compared to credit cards, personal loans, and other unsecured financing options.

Flexible Payment Options

Choose between interest-only payments during draw periods or fully amortized options to fit your financial situation.

Access Funds as Needed

With a HELOC, draw funds as needed during your draw period rather than taking a lump sum all at once.

Potential Tax Benefits

Interest paid on home equity financing may be tax-deductible when used for home improvements (consult your tax advisor).

Higher Borrowing Limits

Access larger amounts of money compared to unsecured loans, often up to 80-85% of your home's equity.

Simple Application Process

Our streamlined application takes minutes to complete, with quick decisions and support throughout the process.

How It Works

Our simple 4-step process to access your home equity

1

Apply Online

Complete our simple online application in just minutes. Tell us about your property and financial needs.

2

Get Pre-Qualified

Receive a quick pre-qualification decision and see your potential rates and terms.

3

Property Evaluation

We'll arrange for a professional property appraisal to determine your home's current market value.

4

Close and Access Funds

After approval, complete the closing process and gain access to your funds.

HELOC vs Cash-Out Refinance

Compare our two main home equity solutions to find the right option for you

Feature Home Equity Line of Credit (HELOC) Cash-Out Refinance
Type of Loan Second mortgage with revolving credit line Replaces existing mortgage with new, larger loan
Interest Rate Variable rate, typically adjusts with prime rate Fixed or variable rate options available
Access to Funds Flexible access during draw period (typically 10 years) One-time lump sum at closing
Payment Structure Interest-only payments during draw period, then principal + interest Principal + interest payments from the start
Closing Costs Generally lower closing costs Higher closing costs (similar to a new mortgage)
Best For Ongoing expenses, future needs, or projects with phased costs Large, one-time expenses or debt consolidation
Impact on First Mortgage Keeps original mortgage terms intact Completely replaces original mortgage

Qualification Requirements

Here's what you'll need to qualify for our home equity financing options

HELOC Requirements

Home Equity: Typically 15-20% equity in your home (80-85% loan-to-value ratio)
Credit Score: Minimum score of 620, with better rates for scores above 700
Debt-to-Income Ratio: Typically below 43-50% (including the new HELOC payment)
Income Verification: Stable employment and income history (typically 2+ years)
Property Type: Primary residences, second homes, and investment properties (different LTV requirements apply)

Cash-Out Refinance Requirements

Home Equity: Typically 20% equity remaining after cash-out (80% max loan-to-value ratio)
Credit Score: Minimum score of 620, with better rates for scores above 740
Debt-to-Income Ratio: Typically below 43% for conventional loans
Income Verification: Stable employment and income history (typically 2+ years)
Waiting Period: Typically 6-12 months since purchasing the home or last refinance

Popular Uses for Home Equity Financing

Discover the many ways homeowners leverage their equity to achieve financial goals

Home Improvements

Fund renovations, remodels, additions, or repairs that increase your home's value and improve your living space.

Debt Consolidation

Combine high-interest debts like credit cards and personal loans into one lower-interest payment to save money and simplify finances.

Education Expenses

Fund college tuition, private school, or continued education costs with potentially lower interest rates than student loans.

Major Purchases

Finance vehicles, appliances, furniture, or other large purchases with lower interest rates than dealer financing or credit cards.

Investment Property

Use equity from your primary residence to purchase investment properties or make down payments on additional real estate.

Emergency Fund

Establish a financial safety net for unexpected expenses, medical bills, or other emergencies with access to funds when needed.

What Our Clients Say

Real stories from homeowners who've leveraged their equity with us

"The HELOC process was incredibly smooth. We were able to fund our kitchen renovation without touching our savings, and the interest rate was much better than what we were offered elsewhere."
JM
John & Maria S.
Homeowners in Boston
"I used a cash-out refinance to consolidate high-interest debt. My monthly payments dropped by over $600, and I'll save thousands in interest over the life of the loan."
RT
Robert T.
Homeowner in Chicago
"Having flexible access to funds through our HELOC gave us peace of mind when unexpected medical expenses came up. The application was quick and the team was supportive throughout."
LD
Lisa D.
Homeowner in Atlanta

Frequently Asked Questions

Get answers to the most common questions about home equity financing

What is a HELOC and how does it work?
A Home Equity Line of Credit (HELOC) is a revolving credit line secured by your home's equity. It works similarly to a credit card, allowing you to borrow up to a predetermined credit limit, repay, and borrow again during the draw period (typically 10 years). HELOCs usually have variable interest rates and offer flexibility to access funds as needed.
What's the difference between a HELOC and a home equity loan?
A HELOC provides a revolving line of credit with a variable interest rate that you can draw from as needed during the draw period. A home equity loan provides a one-time lump sum with a fixed interest rate and fixed monthly payments for the life of the loan. HELOCs offer more flexibility, while home equity loans provide more predictability.
How much can I borrow with a HELOC or cash-out refinance?
For most homeowners, lenders allow borrowing up to 80-85% of your home's value minus your existing mortgage balance. For example, if your home is worth $400,000 and you owe $200,000 on your mortgage, you might be able to borrow up to $140,000 (85% of $400,000 = $340,000, minus $200,000 = $140,000 in available equity).
What are the closing costs for a HELOC or cash-out refinance?
HELOC closing costs typically range from 2-5% of the credit line amount and may include application fees, appraisal fees, title search, and origination fees. Cash-out refinance closing costs are similar to those of a new mortgage, typically 2-6% of the loan amount, including appraisal, origination fees, title insurance, and other closing costs.
Are the interest payments tax-deductible?
Under current tax law, interest paid on home equity debt may be tax-deductible only if the funds are used to buy, build, or substantially improve the home that secures the loan. Interest is not deductible if the funds are used for personal expenses like debt consolidation or education. Always consult a tax professional for advice specific to your situation.
How long does the application process take?
The HELOC application process typically takes 2-4 weeks from application to funding, while a cash-out refinance usually takes 30-45 days. The timeline depends on factors like property appraisal scheduling, verification of financial information, and current lender volume. Our streamlined process aims to make the experience as quick and efficient as possible.

Ready to Unlock Your Home's Equity?

Get started with our simple application process and receive a personalized rate quote within minutes.

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