Equity in days, not weeks. No tax returns in some cases.
Apply online, get a decision in minutes and fund in as few as five business days. Some HELOC options do not require income documents, tax returns or bank statements.
The fastest way to turn equity into a line you control.
A traditional HELOC can take 30 to 45 days and a stack of paperwork. In some cases, a HELOC requires no income documents, tax returns or bank statements. No appraisal is needed in most cases; larger loan amounts require a full appraisal. Remote online closing may be available. Draw what you need, pay interest only on what you use.
Who it fits
- Self-employed borrowers, business owners and 1099 earners
- Homeowners who want cash quickly for a renovation, investment or consolidation
- Owners with a low-rate first mortgage they want to keep
- Borrowers who already have a second lien (third position is OK)
- Anyone who wants a line to draw from over time rather than a lump sum
Let’s find the right fit.
Apply now or talk through your options with Erick.
Why borrowers choose HELOCs.
Approval in minutes
An automated review may replace income documents, tax returns or bank statements in some cases. Most applicants see a decision the same day.
Flexible documentation options
In some cases, no income documents, tax returns or bank statements are required.
Third position accepted
Keep the first mortgage and an existing HELOC or second. The HELOC sits behind both.
Draw as you go
Pay interest only on what you draw during the draw period, then repay over the term.
Fixed-rate draws
The initial draw is at a fixed rate; additional draws are priced at the time of the draw.
Remote closing
Sign online with a remote notary where allowed, so you never leave the house.
Typical requirements
Minimum FICO score of 600
Combined loan-to-value up to 85% to 90% depending on program
Primary, second home or investment property
No appraisal in most cases; full appraisal for larger loan amounts
Standard title and insurance
No income documents, tax returns or bank statements required in some cases
Guidelines vary by lender, program and property. Erick will confirm exact requirements for your file.
How it works
Quick call.
Ten minutes on the phone. You tell Erick the goal, he tells you the realistic options.
Pre-approval.
Send documents through a secure link. Most pre-approvals are issued the same day.
Lock and process.
Rate locked, file submitted, updates in plain English every step.
Close.
Sign with a remote online notary where available, or in person. Keys in hand.
HELOC FAQ
Will I need a full appraisal?
No appraisal is needed in most cases. Larger loan amounts require a full appraisal.
Do I need tax returns if I am self-employed?
In some cases, no income documents, tax returns or bank statements are required. Requirements depend on the HELOC program and your situation.
Can I keep my current mortgage?
Yes. The HELOC sits behind your existing loan, and can be in third position behind a second lien too.
Is the rate fixed or variable?
The initial draw is fixed. Additional draws are priced at the time of the draw based on the Prime Rate plus a margin, which may be higher than the initial fixed rate.
Ready to talk numbers?
Call, email or send a quick message. Erick answers questions directly and tells you what fits, and what does not.
