Home Equity Line of Credit

YOUR HOME'S EQUITY.
ON YOUR SCHEDULE.

A HELOC gives you flexible access to your home's value — draw what you need, when you need it. Perfect for renovations, investments, or managing cash flow smartly.

What Is HELOC?

Flexibility That Puts You In Control

Think of a HELOC like a credit card secured by your home — but with a fraction of the interest rate, and much larger limits.

  • Borrow up to 65% of your home's appraised value (up to 80% combined with your mortgage)

  • Only pay interest on what you actually draw — not the full limit

  • Revolving credit — repay and reborrow as needed

  • Rates typically tied to prime (currently much lower than credit cards)

  • Use it for renovations, education, investing, or emergency

  • Interest-only payment options available during draw period

See If I Qualify

🔑 HELOC Eligibility Snapshot

Min. Equity Required

20% of home value

Max Borrowing Limit

Up to 65% of value

Typical Rate (Variable)

Prime + 0.5%

Min. Credit Score

620+ (ideally 680+)

Income Verification

Required

Appraisal Needed?

Usually Yes

Example: $600K Home / $200K Mortgage

$0K

Available HELOC Limit (Est.)

Know Before You Draw

HELOC Watch-Outs
We Always Cover

Variable Rate Risk

HELOCs are typically variable rate. When prime rate increases, your interest cost rises. We model rate scenarios so you know your worst case.

Your Home Is Collateral

A HELOC is secured by your property. Defaulting has real consequences. We ensure you're borrowing what you can genuinely service.

The Minimum Payment Trap

Paying interest-only feels easy but doesn't reduce your principal. We help you build a real paydown plan alongside your renovation or spend.

How Much Equity Can You Access?

Use our free HELOC calculator or talk to a squad member today

Apply for HELOCCalculate My Limit