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Unlock Your Home’s Equity
You’ve built value in your home. Now you can use it. A home equity loan gives you a lump sum with fixed payments, all while keeping your current mortgage exactly as it is.
Get Started
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Fixed interest rate
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Predictable monthly payments
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One-time lump sum
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Built for larger expenses
A Simple Way to Borrow
A home equity loan lets you borrow against the value you’ve built in your home. You receive a one-time lump sum with a fixed rate and predictable monthly payments, so you always know what to expect.
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Why Use Your Equity
Your home’s equity can help you move forward without taking on high-interest debt. Here’s how a home equity loan can work for you.
Home equity loans often offer lower interest rates than credit cards or personal loans. That can make a big difference when you’re funding larger expenses or consolidating higher-interest debt.
Use your funds for what matters most. Home improvements, debt consolidation, education costs, or major purchases. You get one lump sum and the flexibility to put it to work where you need it.
With a fixed rate and set repayment schedule, your monthly payment stays consistent. That makes it easier to plan ahead and manage your budget without surprises.
See What You Could Access
A HELOC (Home Equity Line of Credit) is a line of credit that allows you to tap into your home’s equity and borrow against it. This calculator will help you estimate the limit you could be approved for. Start by entering the value of your home. Next, enter the outstanding balance (what you have left to pay including interest) on your mortgage. Finally, adjust the LTV ratio to see your potential HELOC. The LTV ratio is a percentage, generally 80-90%, that is determined by your lender.
Home Equity, Explained
Have questions about using your home’s equity? Here are a few common ones to help you understand your options and move forward with confidence.
What is a home equity loan?
A home equity loan lets you borrow against the value you’ve built in your home. You receive a lump sum with a fixed rate and set monthly payment, making it a predictable way to use your home’s equity for larger expenses.
How does a home equity loan work?
As you pay down your mortgage and your home’s value changes, you build equity. A home equity loan lets you borrow a portion of that value and repay it over time with fixed monthly payments and a clear timeline.
How much equity can I borrow?
The amount depends on your home’s value, your current mortgage balance, and your overall financial profile. In most cases, you can borrow a percentage of your available equity, and we’ll help you understand what that looks like for you.
What can I use it for?
Home equity loans are flexible. Common uses include home updates, debt consolidation, and larger expenses. It’s a way to fund what you need with a structured repayment plan.
What do I need to qualify?
Qualification is based on factors like your credit, income, debt, and the amount of equity in your home. We’ll walk through everything with you and help you understand where you stand before moving forward.
Use Your Home's Equity
Ready to get started? Apply here. Want to talk it through first? We’ll help you figure out what makes sense.
Use Your Home's Equity
Ready to get started? Apply here. Want to talk it through first? We’ll help you figure out what makes sense.