Put your home equity to work with a Home Equity Line of Credit

Work with the #1 rated mortgage broker in Ventura County on Yelp.

Consolidate debt, finance your home improvement project

HELOC Rate Quote

HELOC rates as low as

6.375% (pull figure above from Ninja Table)

HELOC requirements

  • For a primary residence, you can borrow up to 90% of your home’s appraised value.
  • For second homes, you can borrow up to 80% of your home’s value.
  • For investment properties, borrowers can get up to 75% of the property’s appraised value.
  • Must take a draw of at least $150,000 at closing and may not pay back more than 50% of the balance in the first 6 months after closing.
  • The draw period is anywhere between 3 and 10 years, depending on the lender we quote
  • The interest-only period is for the first 10 years
  • The repayment period is the remaining 20 years – where payments will be principal and interest amortized over those 20 years.
  • Interest rate floor is as low as 3.25% depending on the lender we quote.
  • Interest rate cap of 18%.
  • Interest rate is variable
  • Prime Rate + Margin adjustment = Note Rate
  • Credit Union membership may be required for some HELOC products at no additional cost.