Figure Home Equity
|
Intro APR
7.250 %
After Intro: 7.250 %
|
$15,000
|
Learn More
|
- Flexible terms, borrow $15K-$400K, redraw up to 100%
- Use to consolidate debt or finance your next home project
- 100% digital app & automated valuation
- Largest non-bank HELOC lender in the US
More Info
|
Available APRs range from 6.45% - 10.95*, which includes the payment of a higher origination fee in exchange for a reduced interest rate, which is not available to all applicants or in all states.(the advertised APR includes a combined 0.25% discount for opting into a credit union membership (0%) and enrolling in autopay (0.25%) as well as payment of higher origination fee in exchange for a reduced rate, which is not available to all applicants or in all states). The lowest APRs are only available to the most qualified applicants, depending on credit profile and the state where the property is located, and those who also select five year loan terms; APRs will be higher for other applicants and those who select longer loan terms. Rates change frequently so your exact APR will depend on the date you apply. APRs for home equity lines of credit do not include costs other than interest. You will be responsible for an origination fee of up to 4.99% of your initial draw, depending on the state in which your property is located and your credit profile. You may also be responsible for paying the costs of valuation if an AVM is not available for your property ($180), manual notarization if your county doesn’t permit eNotary ($380), and recording fees ($0 - $315) and recording taxes, which vary by state and county ($0-$1,400 per one hundred thousand dollars borrowed). Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone.
|
District Lending
|
No Lender Fees
|
Learn More
|
- No Lender Fees
- Fast
- Easy
- Over 20 Years Experience
More Info
|
HELOC, HELOAN or CASHOUT REFI all available.
|
AmeriSave Mortgage Corporation
|
Home Equity Loans & Refinance – Cash out
|
Learn More
|
- Home Equity Loans & Refinance – Cash out
- Customized rate quote with no impact to credit
- Low Rates, Quick Approvals, Wide Range of Products
- Over 100 Billion Funded. 22 Years in Business
More Info
|
• Home Equity Loans & Refinance – Cash out
• Customized rate quote with no impact to credit
• Low Rates, Quick Approvals, Wide Range of Products
• Over 100 Billion Funded. 22 Years in Business
|
Spring EQ
|
The leader for homeowners tapping cash from their homes since 2016.
|
Learn More
|
- Access up to 90% of your home's equity, up to a maximum of $500,000.
- FIXLINE: The flexibility of a HELOC with the stability of a HELOAN.
- A fixed rate for life- no need to worry about fluctuating rates.
- We make it easy - and fast - to access your cash (as little as 11 days).
More Info
|
About Spring EQ’s Rates and Terms
Spring EQ LLC NMLS ID #1464945 (nmlsconsumeracces.org).
No prepayment penalty. No need to refinance your first mortgage.
Closed-end fixed rate loans and fixed and adjustable rate HELOC options are available. Spring EQ is an Equal Housing Lender. These results are for informational purposes only. This offer is an invitation to apply for an offer for credit or a loan and should not be construed as an indication of eligibility or a binding underwriting decision. Rates are subject to change based on market conditions and the entries of your specific application.
All loans are subject to $995 origination fee and annual fee of $99 (except in certain states, where fees may be lower or not applicable), plus third-party fees. Monthly payment shown reflects monthly principal and interest amortized over the term of the loan based on the initial draw amount.
Spring EQ applicants are required to provide a current and valid completed application, proof of income, mortgage statement, property hazard insurance, and a photo ID. Any pre-qualification or result is in no way a pre-approval, indication of eligibility, or binding underwriting decision. All borrowers are required to meet Spring EQ's current underwriting guidelines including verifications of applicant’s credit profile and property value, $25,000 initial draw requirement OR 75% of the line amount (whichever is greater), a FICO score of 640 or greater, and a debt-to-income ratio of less than 50%. Actual rate and APR for qualified borrowers will be determined by a combination of factors, including their creditworthiness as determined by a single credit bureau pull, loan amount requested, property value, and more.
In addition to these, other factors specific to applicants' profile and Spring EQ's Underwriting Guidelines may impact rate and eligibility. Offers subject to origination fees based on loan type and property state.
|
Upstart
|
As low as 6.3% APR on your initial draw*
|
Learn More
|
- As low as 6.3% APR on your initial draw*
- Get your money up to 6x faster than the industry standard*
- Fixed rate on each draw*
- No paperwork needed to apply
More Info
|
1. APRs for initial advances range from 6.3% to 18.00% based on funded HELOCs as of September 2024. Your actual rate will depend on many factors such as your credit history, loan-to-value ratio, line amount, loan term, lien position, and property state. The lowest rates are only available to the most qualified applicants. The APR is variable, but the APR that will apply to each draw will be fixed on the date the draw is made.
2. As of October 2024, 10% of funded HELOCs achieved a closing timeline of 6 days or less and a funding timeline of 10 days or less. This timeline assumes consumers close with our remote online notary, provide supporting documentation promptly, and ensure the information provided is accurate and consistent with our verification process. Delays, discrepancies, and other unforeseen factors may impact the closing timeline. MBA’s 2024 Home Lending Study reports an average industry closing time of 31 days.
3. A Home Equity Line of Credit has a variable rate. The APR may change, but the APR that will apply to each draw will be fixed on the date the draw is made. Your APR will be the Prime Rate at the time of draw plus a margin fixed for the life of the HELOC.
|
New American Funding, LLC
|
Cash-Out and Home Equity Options Available.
|
Learn More
|
- Competitive Rates for FICO Scores 580-679
- 366k+ positive reviews, A rating from the BBB
- Pay off higher interest rate credit cards, Pay college tuition
- 100% online mortgage application available
More Info
|
Cash-Out and Home Equity Options Available.
|
PenFed Credit Union
Equal Housing Lender
|
Home Equity Line of Credit - Equal Housing Lender
|
Learn More
|
- Home Equity Line of Credit - Equal Housing Lender
- Loans Amounts from $25,000 - $500,000
- Get a HELOC from PenFed to Put Your Home Equity to Work
- HELOCs Can Offer Lower Rates Than Credit Cards or Personal Loans
More Info
|
Interest-only payments during the 10-year draw period
|
Figure Home Equity Line
Equal Housing Lender
|
HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online.
|
Learn More
|
- Fastest way to turn home equity into cash
- Flexible terms, redraw up to 100%, borrow $15k-$400k
- Approval in as little as 5 minutes. Funding in as few as 5 days.
- Use to consolidate debt or finance your next home project
More Info
|
The Figure Home Equity Line is an open-end product where the full loan amount (minus the origination fee) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw.
|
|
Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Click here for more information on rates and product details.
|