Put Your Home Equity to Work
Renovations, debt consolidation, or a major expense—I'll help you choose the right way to unlock your equity and get funded, often in just 2–3 weeks. Your growing equity may also qualify you for canceling PMI as your equity grows.
Three Ways to Access Your Equity
Pick the path that fits your goal. Tap any option to see how it works, then get a personalized quote. If you're buying your next home before selling, a bridge loan to buy before selling can tap your equity fast.
Home Equity Loan
Fixed rate • Lump sum
One lump sum at a fixed rate and fixed payment. Best for a single large expense you want to budget around.
Learn moreHELOC
Revolving • Draw as needed
A revolving line of credit you draw from as needed—like a credit card secured by your home. Great for ongoing projects.
Learn moreCash-Out Refinance
Replace • One payment
Replace your mortgage with a larger one and take the difference in cash. Best when today’s rate beats your current one.
Learn moreWhich Equity Product Is Right for You?
Answer a few quick questions and get a recommendation based on your rate, goals, and how you plan to use the funds.
Find Your Best Equity Solution
HELOC vs. Home Equity Loan vs. Loan Factory Hybrid
What do you want to use the funds for?
“We had $180,000 in equity and needed $75,000—kitchen remodel plus paying off credit cards at 22% interest. Emmett set us up with a HELOC at 8.5%. We paid off the cards immediately and save over $800 a month. The flexibility to draw only what we need has been perfect.”
Paul & Nancy W.
$75K HELOC • Debt Consolidation + Reno • Denver, CO
Related Reading
How do I calculate the equity in my home?
Read more Home EquityWhat is a home equity loan?
Read more Home EquityWhat is a HELOC?
Read more Home EquityHELOC vs. home equity loan: what's the difference?
Read more Home EquityHome equity loan or cash-out refinance: which one?
Read more Home EquityHow long does a HELOC take to get?
Read more
Emmett Clark
Licensed Mortgage Loan Officer · NMLS #233747 · 20+ Years Experience
This article has been reviewed for accuracy by Emmett Clark, a licensed mortgage professional serving homebuyers across 18 states including California, Texas, Florida, Arizona, and Colorado. Last updated: July 2026.
Ready to Unlock Your Home Equity?
Get a free consultation to discuss your goals, compare your options, and see what you qualify for. Funding in as little as 2–3 weeks.
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Home Equity FAQs
What are the ways to tap my home equity?
There are three main options: a home equity loan, a HELOC, and a cash-out refinance. A home equity loan gives you one lump sum at a fixed rate and fixed payment, a HELOC is a revolving line of credit you draw from as needed, and a cash-out refinance replaces your existing mortgage with a larger one and gives you the difference in cash.
What is the difference between a HELOC and a home equity loan?
A home equity loan provides a single lump sum at a fixed rate, which is best for one large expense you want to budget around. A HELOC works like a credit card secured by your home, letting you draw funds as needed during a draw period, usually at a variable rate. HELOCs suit ongoing or phased projects.
How much can I borrow against my home?
The amount depends on your equity, credit, and income. Most lenders let you borrow up to roughly 80 to 85 percent of your home value combined with your existing mortgage balance. The more equity you have, the more you can access.
What can I use a home equity loan or HELOC for?
Common uses include home renovations, debt consolidation, paying off high-interest credit cards, education costs, and large one-time expenses. Because the funds are secured by your home, the rates are typically far lower than credit cards or personal loans.
Is a home equity loan or a cash-out refinance better?
It depends on your current mortgage. If you have a low first-mortgage rate you want to keep, a home equity loan or HELOC lets you borrow without touching it. If refinancing your whole balance still makes sense, a cash-out refinance can consolidate everything into one payment. We help you compare both.
Do home equity loans have closing costs?
Home equity loans and HELOCs can have closing costs, though they are often lower than a full refinance, and some HELOC programs waive certain fees. We lay out the full cost so you can compare your options clearly.
From the blog & learning center
Home Equity articles & guides
Portable Mortgages: Can You Take Your Mortgage to a New Home?
A portable mortgage lets you move your existing loan and rate to a new home. It is common in Canada and the UK but rare in the US. Here is the reality, and the workaround.
Read more
Can You Get a HELOC With Bad Credit?
Most HELOCs need a 640 credit score. Below that, an FHA cash-out refinance allows scores as low as 580, giving lower-credit borrowers a path to their equity.
Read more
Can You Get a HELOC Without Proving Income the Usual Way?
Yes. Our HELOC reads the deposits flowing through your bank accounts to establish income, so self-employed, retired, and between-jobs borrowers can qualify.
Read more
Home equity loan or cash-out refinance: which one should I use?
If your current mortgage rate is lower than today's rates, a home equity loan usually costs less because it leaves your first mortgage untouched. Here is the full side-by-side with the math.
Read more
How much of my home equity can I borrow?
Most lenders let you borrow up to about 80 to 85 percent of your home's value across all loans combined, then subtract what you still owe on your mortgage.
Read more
What credit score do I need for a home equity loan?
Most lenders want a credit score of at least 620 for a home equity loan, and many prefer 680 or higher for the best pricing.
Read more