Home Equity Lines Of Credit (HELOC)

Access Your Home Equity In 5 Days!

A Home Equity Line Of Credit (HELOC) is a great way to borrow from the equity in your home. With our HELOC, you can fund home renovations, consolidate high-interest debts, or pursue your dreams without the stress of traditional loans.

Get Approved Online

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Benefits

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No Appraisals Are Needed!

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Quickly Access Your Equity In 5 Days

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Easy Process! No Documents To Upload

Eligibility

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Primary & Investment Properties Eligible

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1st, 2nd, or 3rd lien positions available

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Borrow Up To $400,000 Using Your Home's Equity

See What Our Clients Have To Say…

     Excellent  
     Based on 73 reviews 
    
 
 
   
 
 
        
   Kevin Saltzman 
 2023-12-13
 
 
  This place is GREAT.  Ryan Harris was amazing to work with and made everything super easy.  This is the best plan if you need to take out some cash for a project or whatever.  Only pay interest on what you're using!  Thank you!
  
 
       
   Jay Howe 
 2023-07-30
 
 
  Stewart and Christopher are Rock Stars.  Communication was great, very informative, and professional and kept things moving on or ahead of schedule.
We would definitely go to them again.
They make you feel like part of the family 👪
  
 
       
   miles ku 
 2023-02-16
 
 
  Stewart and Chris were very helpful, I can express how thankful we are to have met them. We dealt with Stewart for a long time! Followed his plan for us and stuck with it. Now my wife and I are finally in our own home. I absolutely recommend them to anyone looking to buy a home.
  
 
       
   Alfred Pyne 
 2022-10-03
 
 
  I'm very excited with the service I received from HomePad Lending. I was able to close on a mortgage in less than 23 days. Agent Ryan Harris was very helpful and friendly.
  
 
       
   Laura J 
 2022-05-31
 
 
  We worked with Stewart and Chris in our first home buying experience.  We had been working with another lender and they were so difficult to be in contact with.  Once we started working with the HomePad team, they responded so quickly with calls, emails and texts.  It was great.  We actually closed early!  Not only were they available for all my questions, they really advocated for us.  I would recommend completely to anyone in this journey.
  
 
       
   Rachel S. 
 2022-03-23
 
 
  Stewart and Chris did an awesome job in helping us with the home buying process. We appreciated their direction and support from start to finish. Thank you so much!!

FAQs

How Can I Borrow Money In 5 Days When Most Banks Take 45-60 Days?

Our 5-Day process is all about efficiency. We approve everything online in just a few minutes. We have automated the income verification process, the appraisal process is completed using automated valuation models and the signing is done over a video conference call.

All of the pain points in a traditional mortgage process we have streamlined or automated for your convenience and this expedites the process significantly allowing you to access your equity faster.

How Am I Able To Borrow Money Against My Home Without An Appraisal?

A traditional appraisal may eventually become a thing of the past. Lenders have been using automated valuations for the last few years but most lenders are using old technology that forces them to get a traditional appraisal.

The automated valuation technology has been available for years. The major lenders have been extremely slow to adopt the newer appraisal technologies. Unfortunately, those clients are forced to pay fees to third parties for services that aren’t needed.

Are there any restrictions on what I can use the money for?

While most clients use their home equity for debt consolidation, home renovation or pursuit of financial goals, there are no restrictions on how you use the money.

After closing, the money will be wired into your bank account for the amount requested and you’re free to spend it however you’d like.

How do you complete the process without paystubs, w-2, tax returns, etc?

We have automated the income verification process. What this means is that you will not be emailing/uploading any paystubs, w-2 forms or tax returns. The income verification can be completed a few different ways:

-online bank account verification

-online payroll provider verification

-online login to IRS website

If you have any questions about this, I would recommend submitting an application (no credit check) and one our advisors will assist you with the income verification process.

What loan terms are available?

We currently offer a 30-year, 15-year, 10-year and 5-year repayment terms. The draw period where you can take money from the HELOC will range from 2-5 years depending on the term of the loan.

Are there any pre-payment penalties?

There are no pre-payment penalties for paying off your home equity line of credit early.