Get Equity
Turn the value you already own into cash for home improvements, debt consolidation, or the next chapter — without touching your first mortgage.
A revolving line of credit tied to your home’s equity, usable when you need it. You draw funds up to a limit and pay interest only on what you use during the draw period. Variable rate typically, tied to prime. Good for ongoing needs (multi-phase renovation, tuition over several years) or an emergency reserve.
A lump-sum second mortgage with a fixed rate and fixed payment. You get the full amount at closing and pay it back over a set term. Good for one-time expenses (a specific renovation, debt consolidation) where you want payment certainty.
A second mortgage that sits behind your first mortgage in payment priority. Structures and terms vary by lender. Availability and combined-loan-to-value (CLTV) limits depend on your first mortgage, home value, and credit profile.
Equity options generally require a current appraisal (or automated valuation) to establish your home’s value, plus verification of income and credit. Combined-loan-to-value limits vary by lender and program — typically 80–90% CLTV on a HELOC, sometimes higher on niche programs.
The math to run: how much can you pull, at what rate, on what term, versus your other options. We’ll walk you through the tradeoffs so you can pick the tool that actually fits.
Talk to a licensed Loan Advisor. We’ll run the numbers with you.
Talk to a Loan Advisor