HELOC Standalone
Access Your Home Without Refinancing
Standalone Home Equity Line Of Credit
You could tap into your home equity with a cash-out refinance. But what if you already had a low interest rate on your mortgage? Consider getting a home equity line of credit (HELOC) instead. With a HELOC, you can hold onto your low mortgage rate and still access funds to pay for tuition, home renovations, high-interest credit cards, or personal loans.
Key Benefits:
- Withdraw HELOC funds as needed
- Multiple draws available
- Line amounts of $50,000-$500,000
- Minimum 680 FICO Score
- Variable rate
- Flexible payments options
- Minimum initial draw at closing must equal the greater amount of $50,000 or 50% of the full line amount