Keep Your Mortgage Rate. No Refinance Required.
Get cash from your home's equity with a fixed-rate HELOC.com line of credit.
Check your rate without impacting your credit.2
What is a HELOC.com
line of credit?
It's a fixed-rate home equity line of credit from HELOC.com. Borrow $25,000–$400,000 against your home's equity without refinancing your first mortgage or changing your current mortgage rate. Your full line is funded at closing, and, as you repay your balance, you can draw again during the draw period, with each draw receiving its own fixed rate which is set as of the date of the draw.
SEE IF YOU QUALIFY
What helps you qualify.
Four things matter—and you can check them in a few minutes.
Credit
Most approved applicants have credit scores of 640 or higher.
Equity
You'll typically need at least 15% equity in your home.
Income
You'll need a stable and verifiable source of income.
Property
Single-family homes, townhouses, condos, and 2-unit homes are eligible.
DISCOVER HOW IT WORKS
From check to
funded in three steps.
One application. One direct lender.
What you'll see
Your prequalified amount, in plain terms. Pick what matters to you: rate, term, and amount.
MAKE THE COMPARISON
How HELOC.com compares.
See how a HELOC.com line stacks up against other ways to borrow.
| Vs. Cash-Out Refinance | HELOC.com | Cash out |
|---|---|---|
| Keep current mortgage rate | Yes | No |
| Fixed rate on initial funds | Yes | Yes |
| Average speed to funding | 7–8 days9 | 1–2 mos. |
| Replaces your first mortgage | No | Yes |
What homeowners actually do with a HELOC.
This equity adapts to your plan…from financial cleanup to investment acceleration.10
Making home improvements
Kitchens, bathrooms, apartments, or additions—upgrades that pay you back in home value.
Consolidating high-interest debt
Swap 22% credit card APRs for one, lower-rate line. Same debt—far less interest.
Paying for education or career training
Provide a way to fund education expenses without refinancing a low-rate first mortgage.
Covering emergency expenses
Create financial flexibility for life's surprises—from emergency repairs to unexpected expenses.
Paying for home energy upgrades
Invest in a more efficient home today—and enjoy the savings for years to come.
Funding big purchases
When life brings a big opportunity, your equity can help you prepare for it.
Helping out a family member
Be there when your family needs you—with the flexibility to help on your terms.
Paying for a wedding
Create the day you've envisioned—with a financing strategy built around your goals.
FREQUENTLY ASKED QUESTIONS
Everything you'd want to
know first.
Because fine print shouldn't feel like a trap.
What rates and fees come with a HELOC.com line of credit?
Your full loan amount (minus origination fee) will be 100% drawn at the time of origination and is funded at closing, so the payment won't change with the market. This product has an additional draw feature that allows you to make additional draws during the draw period as you repay the balance on the line. If you elect to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw plus a fixed margin.
There are no application, account, maintenance, or prepayment fees. There is an origination fee of 0%–4.99% of your first draw, depending on your credit profile and state. Additional third-party fees, such as valuation, notary, recording, and applicable taxes, may also apply.
Will this affect my current mortgage rate?
Not at all. Your HELOC is separate—your rate stays put.
Can I check my rate without affecting my credit?
Yes—checking your personalized HELOC rate with us uses a soft credit pull, which means no impact on your score and no obligation to move forward. If you decide to continue and submit a full application, we'll request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit. It's a simple, risk-free way to explore your options and see what rate you may qualify for before taking the next step.
How fast can I really get the money?
You may receive funds in as few as five days.3
What do I need to qualify?
To qualify, you'll need to have sufficient equity in your home—meaning you owe less than what your property's worth.
Most lenders, including us, allow borrowing up to 85% of your home's value, minus your current mortgage balance.
We also look at key financial indicators, such as:
• Credit score and credit history
• Employment and income stability
• Existing debt and debt-to-income (DTI) ratio
Together, these factors help determine your approval, credit limit, and rate options. The process is similar to applying for a mortgage—but faster, simpler, and designed to give you clarity and control, from start to finish.
How much can I borrow?
You can borrow $25,000 up to $400,000.
LEARN ALL ABOUT IT
Get smart about your equity.
Plain-language guides, so you can decide if a HELOC is right for you.
How Much Can I Borrow Against My Home? A HELOC Borrowing-Power Guide
Learn how to estimate how much you can borrow against your home, how combined loan-to-value sets your limit, and what raises or lowers it.
Read More
HELOC vs. Alternatives
Compare a HELOC against a cash-out refinance, home equity loan, and personal loan to find the right way to borrow against your home.
Read More
Top 8 Reasons to Use a HELOC
From home improvements to consolidating high-interest debt, see eight of the most common ways homeowners put a home equity line of credit to work.
Read More
In as few as five minutes, you'll know your rate.
Check your numbers without impacting your credit.
Soft credit check · Bank-grade encryption
Keep Your Mortgage Rate. No Refinance Required.
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