Standalone HELOC (20- or 30- Year)

Standalone HELOC allows you to offer your borrowers a simple way of tapping into their home’s equity. It’s a popular option for accessing cash that can be used to pay down debt, make home improvements, cover tuition and more.

Available on primary and second home loans
Loan amounts up to $500,000
Up to 89.99% CLTV
$25,000 minimum line amount, initial draw must be 75% of line amount
For line amounts up to $250,000, only an approved AVM is required
For line amounts over $250,000, a full appraisal is required

**Condos require full appraisal

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Standalone HELOC (20- or 30- Year)

Questions? We'd love to help!

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