Stateside Lending · NMLS #2567704 · Equal Housing Opportunity

HELOC

Borrow against your equity, flexibly.

Overview

HELOC

A home equity line of credit gives you a revolving credit line secured by your home — draw what you need, when you need it.

  • Flexible revolving credit line
  • Borrow against your equity
  • Interest only on what you use
  • Keep your existing first mortgage
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Best for

Homeowners who want flexible access to equity.

Not sure this is the right fit? We'll compare it against every option — in-house and across 109+ lenders — and tell you straight.

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At a glance

Program guidelines

StructureRevolving line: a draw period, then repayment
Available creditBased on your available equity
RateOften variable
Lien positionSecond lien behind your first mortgage

Guidelines shown are general program parameters and can vary by borrower, property, and investor requirements — ask us about your specific scenario. Not a commitment to lend.

Benefits

Why buyers choose it

  • Draw only what you need, when you need it
  • Interest accrues only on what you use
  • Keep your existing first mortgage in place
Things to consider

Know before you go

  • Rates are often variable, so payments can change
  • Secured by your home, like any mortgage
FAQ

Common questions

How is a HELOC different from a cash-out refinance?

A HELOC is a separate revolving line behind your first mortgage; a cash-out replaces your first mortgage with a larger one. We'll help you pick.

Let's get you home.