Highlights
Fast, flexible access to home equity for both primary residences and investment properties.
- Loan Amounts: Up to $400K (primary) | Up to $750K (case by case)
- Lien Position: Standalone HELOC available in 1st, 2nd, or 3rd liens
- Terms: 5, 10, 15, 20, or 30 years
- Funding Speed: Approvals in minutes, funding in as few as 5 days
- Rates: Competitive, lower than credit cards or personal loans
- Application: 100% online, no bank visits required
- Repayment: Interest-only during draw period (flexible access)
- Prepayment: No prepayment penalties
Additional Program Notes
- Geographic Availability: All U.S. states except VT, SD, ND, NH
- Eligible Borrowers: U.S. Citizens, Legal Permanent Residents (LPRs), and select Foreign Nationals
- Loyalty Benefits: Repeat borrower discounts available
Eligible Properties
- Single Family Residences (SFR)
- Townhomes
- Planned Unit Developments (PUDs)
- Condos (Including Mid-Rise and High Rise Condos Florida condos cap CLTV at 70% for loans > $400K)
- Duplexes
- 3-4 Unit Properties (Requires BPO/Residential Evaluation)
Ineligible Properties
- Co-ops
- Commercially-zoned real estate
- Multi-family (5+) real estate
- Manufactured housing, timeshares, log homes, or houseboats
- Mixed-use properties
- Properties larger than 20 acres
- Properties with a Reverse Mortgage
- Properties purchased in the last 90 days
- Properties owned by Land trusts
- Leasehold Properties
- Ground Lease Properties