Learn the strategy behind the equity
Explore articles, guides, and tools designed to help you understand your options—and put your equity to work strategically.
How a HELOC.com Loan Works
When you pay down your mortgage or your home goes up in value, you build equity.
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Recently Added
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.
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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.
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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.
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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.
Your equity is about to work harder than your debt.
Let's flip the script. You've built it. Now, leverage it.
Keep Your Mortgage Rate. No Refinance Required.
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