A HELOC Express (Home Equity Line of Credit) gives homeowners fast access to their home’s equity while allowing them to keep their existing first mortgage intact. Whether you’re planning home improvements, consolidating debt, purchasing an investment property, or preparing for unexpected expenses, a HELOC provides the flexibility to borrow only what you need, when you need it.
With a streamlined approval process and competitive variable rates, HELOC Express is an excellent financing solution for homeowners looking to put their equity to work.
Key Terms
Program Highlights
95%
Borrow up to 95% Combined Loan-to-Value (CLTV) for qualified borrowers
$400,000
Loan amounts up to $400,000
10-year
draw period
20-year
repayment term
Everyday Uses
Common Uses for a HELOC
Home renovations and remodelingDebt consolidationEmergency expensesEducation costsReal estate investingBusiness opportunitiesMajor life events
