Tap your equity in
as little as 5 days.

A HELOC (Home Equity Line of Credit) is a revolving line of credit secured by your home's equity. Unlike a cash-out refinance, a HELOC doesn't replace your existing mortgage — it's a second lien that gives you a credit line you can draw from as needed, pay back, and draw again during the draw period.

This is a fully digital, virtual HELOC program that can close in as little as 5 business days. There's no appraisal required — home value is verified through an automated valuation model (AVM). Income, employment, and title are all verified digitally. You may never need to speak to anyone to get to closing.

No. The 5-day HELOC uses an automated valuation model (AVM) instead of a full appraisal. This eliminates a major source of delay and cost from the traditional HELOC process.

Most HELOC programs allow you to borrow up to 80–90% of your home's value, minus your existing mortgage balance. For example, if your home is worth $500,000 and you owe $300,000, you may qualify for a HELOC of up to $100,000–$150,000 depending on the program.

A cash-out refinance replaces your existing mortgage with a new, larger one — which means your rate and term change. A HELOC sits on top of your existing mortgage as a second lien, leaving your first mortgage untouched. If you have a low rate on your current mortgage, a HELOC lets you access equity without touching it.

HELOC funds can be used for home improvements, debt consolidation, investment property down payments, business capital, emergency reserves, education, or any other purpose. There are no restrictions on how you use the funds.

HELOC interest may be tax-deductible when funds are used to buy, build, or substantially improve the home that secures the line of credit. Consult a tax advisor for guidance on your specific situation — we're mortgage experts, not CPAs.