Give customers the option to tap their home equity without giving up their low mortgage rate, all while earning additional income.

Resources

How It Works

  • Standalone HELOC for 1st, 2nd, 3rd lien positions; full draw upfront
  • Lower rates compared to alternatives such as personal loans and credit cards
  • Fast funding. Apply in minutes with funding in as few as 5 days.
  • 100% online application.  No need to go to the bank, apply from the comfort of home!
  • Options for up to $400k & $750K. 
    • Loan amounts up to $400K (no appraisal, AVM only)
    • Or up to $750K (full appraisal); terms of 10, 15, 20, or 30 years with terms of 10, 15, 20 or 30 years
  • Pay for other expenses such as home renovations or debt consolidation

Why It Matters

  • Earn additional income while staying focused on your core competency, mortgage. This highly-automated application creates a fast and easy experience for your customers.
  •  Close quickly and easily – earn your commission faster with a 5 minute application, funding in as few as 5 days, 100% online application.
  • Increase engagement with your customers. Offer a value-add financial solution to tap home equity (vs cash-out refi) in a high rate environment, which in turn strengthens their relationship with current clients.
  • Protect your relationship and stay in the driver’s seat. As the trusted loan officer, you can better maintain your relationship until a refinance or purchase makes sense.

Disclaimer

(1) Bankrate data for Personal Loan, Credit Cards, and HELOC. The HELOC product requires the customer to pledge their home as collateral, and the customer could lose their home if they fail to repay. (2) Approval may be granted in five minutes but is ultimately subject to verification of income and employment, as well as verification that your property is in at least average condition with a property condition report. Five business day closing assumes closing the loan with our remote online notary. Closing timelines will be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing.