Sign in
Apply now
Give us a call

Have a question?
Call M-F 8 am – 6 pm (CST)
833.346.1397

Sign in
Apply now

Rate alert: Our rates have dropped. Lock in a new rate today!

Apply Today

Category: HELOC

  • Using a HELOC for Home Improvement: How It Works

    Using a HELOC for Home Improvement: How It Works

    Clay Smith

    Categories:

    Homeowners looking for funds to make home improvements or updates can tap into their home equity through a HELOC.  Home equity lines of credit, or HELOCs, are great options for homeowners who may need access to extra funds when improving, renovating or remodeling their home.   HELOCs work in two periods: a draw period and a repayment period. During your HELOC draw period, you have access to your Read more

  • Can you refinance a HELOC?

    Can you refinance a HELOC?

    Clay Smith

    Categories: ,

    Yes, you can refinance a HELOC.   Refinancing a HELOC can be a powerful tool to help you get the most out of tapping into your home’s equity.  A HELOC, or home equity line of credit, lets borrowers access a line of credit based on a portion of the equity they own in their home.   HELOCs work in two periods: a draw period and Read more

  • Cash-out refinance vs. home equity loans: How it works ​ 

    Cash-out refinance vs. home equity loans: How it works ​ 

    Clay Smith

    Categories: ,

    If you are a homeowner looking to tap into your home equity to fund any larger expenses you may have, you may want to consider a cash-out refinance or home equity loan.  These loans offer you an upfront lump-sum amount based on your home equity. Home equity is the difference between your home’s current value and the amount you Read more

  • Can you use a HELOC on an investment property? 

    Clay Smith

    Categories:

    Yes, you can use a HELOC on an investment property. Using a HELOC on an investment property to improve or upgrade the property could increase its value or attract prospective tenants.  A HELOC allows you to tap into the equity you’ve built up in a property without having to sell it. With a typical HELOC, Read more

  • What’s the difference between a HELOC and a home equity loan? 

    Clay Smith

    Categories:

    If you are looking to access the value you’ve built up in your home, you may want to consider a home equity line of credit (HELOC*) or a home equity loan. Both are types of second mortgages and will use your home as collateral, and they allow you to access your home’s equity in different Read more

  • What is a HELOC? 

    Clay Smith

    Categories:

    A home equity line of credit, or HELOC, allows you access to the value of your home without selling it. A HELOC is an attractive option to many borrowers as it allows them to use funds as expenses arise on a rolling basis, up to a certain limit. Since you are borrowing against it, a Read more

  • How To Get a HELOC With Poor Credit

    Clay Smith

    Categories:

    Can you get a heloc with a low credit score? You can qualify for a HELOC even if your credit score isn’t as good as you’d like, though you will need to meet a lender’s minimum requirement. Lenders typically will consider a credit score of 580 or lower as poor credit.  A home equity line Read more

  • HELOC vs. Cash-out Refinance: What’s Best For You? 

    HELOC vs. Cash-out Refinance: What’s Best For You? 

    Clay Smith

    Categories:

    If over the years you have built up equity in your home, you might wonder how to access your home’s equity without having to sell. There are several options to access your home’s equity. Two of the more popular options are a home equity line of credit (HELOC)* and a cash-out refinance**.  While both HELOCs Read more