Loan Programs
Cash-Out & HELOC
Cash-out refinancing and home equity lines of credit (HELOCs) let you convert your home's equity into funds for renovations, debt consolidation, or other goals.
Key benefits
- Access your equity as a lump sum (cash-out) or a line of credit (HELOC)
- Often lower rates than credit cards or personal loans
- Potential to consolidate higher-interest debt
- Flexible use of funds
What you'll need
- Sufficient equity, typically leaving 15–20% in the home
- Qualifying credit and debt-to-income ratio
- The home must meet program and appraisal requirements
Best for
Homeowners with equity who want to fund a major expense or consolidate debt.
This is an estimate for educational purposes only, not a commitment to lend or an offer of credit. Actual rates, payments, and costs depend on your credit, income, property, and loan program.