Home Equity Loans
Tap your home's value for renovations, debt consolidation, or major expenses. Competitive rates secured by your equity.
Home Equity
Access value you've built
Lower Rates
Cheaper than unsecured loans
Flexible Use
Renovate, consolidate, invest
Trusted Lenders
Licensed mortgage providers
A home equity loan or home equity line of credit (HELOC) lets you borrow against the equity you've built in your home. Because the loan is secured by your property, interest rates are typically much lower than unsecured loans.
Use the funds for renovations, debt consolidation, education, investment, or any major expense.
Home Equity Requirements
- Homeowner with sufficient equity (usually 20%+ remaining after the loan)
- Acceptable credit and debt service ratios
- Recent property appraisal
- Stable income
- Existing mortgage in good standing
What's the difference between a HELOC and a home equity loan?
A HELOC is a revolving credit line you draw and repay; a home equity loan is a fixed lump sum repaid on schedule.
How much can I borrow?
Usually up to 80% of your home's appraised value, minus your existing mortgage balance.
Is the interest tax-deductible?
Sometimes — if funds are used for income-producing investments. Consult a tax professional.
What happens if I can't repay?
The loan is secured by your home; default could lead to foreclosure. Borrow only what you can repay.
Can I use it to consolidate other debts?
Yes — this is a common use to lower overall borrowing costs.
Maximum:
Up to 80% of home value
Interest Rates:
Secured rates (low)
Types:
HELOC or term loan
Repayment:
Flexible structures
Approval Time:
1-3 weeks typical
Apply for a Home Equity Loan
Turn your home's value into flexible financing.