Tap Into Your Home’s Equity
Home Equity Loans & HELOCs Made Simple
If you’ve built up equity in your home, you may be able to turn it into cash—without selling or refinancing your first mortgage. Whether you need to consolidate debt, fund a renovation, or cover major expenses, we’ll help you choose the right solution.
- What’s the Difference?
- Benefits of HE Loans & HELOCs
- How Much Can You Borrow?
- What You’ll Need to Qualify
Home Equity Loan (Second Mortgage)
Fixed interest rate
Lump-sum payout
Predictable monthly payments
Ideal for: One-time expenses (remodeling, debt payoff, etc.)
HELOC (Home Equity Line of Credit)
Revolving credit line
Variable rate (often interest-only during draw period)
Borrow as needed over 5–10 years
Ideal for: Ongoing expenses or flexible funding needs
✅ Use funds for home improvements, medical expenses, or college tuition
✅ Typically lower interest rates than credit cards or personal loans
✅ No need to touch your existing first mortgage
✅ Possible tax deductions on interest (consult your tax advisor)
✅ Fast approval process with flexible qualification options
Most lenders allow you to borrow up to 85–90% of your home’s value, minus your existing mortgage balance.
Example:
Home Value: $400,000
Mortgage Balance: $250,000
Max Equity Access (at 85%): $90,000
We’ll calculate this for you during your free equity assessment.
✅ Credit score of 620+ (lower with some lenders)
✅ Steady income or alternative income docs
✅ Home with sufficient equity
✅ Documentation of property value (recent appraisal or AVM)
We also offer Non-QM home equity options for self-employed borrowers, investors, or those with unique income sources.
Should I Refinance Instead?
In some cases, a cash-out refinance may offer better long-term savings if you can lower your overall rate.
We’ll help you compare both side-by-side and guide you toward the best option.
If you’re considering tapping into your home’s equity, a cash-out refinance may be the better choice—especially if today’s mortgage rates are lower than your current rate.
Instead of taking out a second loan (like a HELOC or home equity loan), a cash-out refi replaces your existing mortgage with a new one that includes the cash you want to access.
Our team will compare both options—cash-out vs. home equity loan/HELOC—so you can choose the smartest path for your goals.
Benefits of Cash-Out Refinancing:
- Lower your overall interest rate (if current rates are favorable)
Consolidate first mortgage + equity into one payment
Choose a fixed or adjustable rate loan
Access up to 80%–85% of your home’s value in many cases
When It Makes Sense:
Your current mortgage rate is higher than today’s market
You want a single monthly payment instead of two
You’re looking to access a larger lump sum of equity
Ready to See Your Options?
Our team at Leverage Capital Network will review your goals, run the numbers, and help you access your equity fast.
Let’s Unlock Your Home’s Potential
You’ve built equity—now put it to work. Whether you’re remodeling, consolidating debt, or planning ahead, we’ll help you access the cash you need with the right solution.
No pressure. No upfront cost. Just expert guidance.
Answers all questions
Amazing help during this process. They made sure they answered all my questions quick fast and informative. Even when it was really late or really early in the morning, Jordan made sure to take the time and answer the questions. Jordan was also helpful with helping make things relatable and easier to understand for someone who has no idea how and why this process is the way it is.
Jordan truly helped us!
Jordan was extremely helpful and resourceful to my family and I. The process was made very smooth despite a couple of last minute changes. I would strongly recommend them to anyone.