A home equity line of credit, or HELOC, is a revolving line of credit. Instead of receiving a one-time loan amount as you do with a traditional loan, a HELOC gives you a borrowing limit (or credit limit). As you repay the balance, you can withdraw money from the credit line as you would with a credit card when you need it.

Our platform lends to individuals whose subject properties are held solely or jointly with others, or by revocable trusts. In order to obtain a HELOC, your name must appear in the county records as the owner of the property.

Our platform offers HELOCs on both primary and secondary residences. These include, but are not limited to, single-family residences, townhouses, planned urban developments (PUDs), most condos, and most duplexes.

HELOCs establish a credit line based on the equity value of your property. Once established, you can draw directly from the revolving line according to the specific HELOC's terms.