Home Equity Loans
Unlike a HELOC, a home equity loan gives you a lump sum at a fixed rate with a fixed payment. Predictable, simple, and useful when you know exactly how much you need.
HELOC vs. Home Equity Loan
A HELOC is a revolving line with a variable rate — good for ongoing access to funds. A home equity loan is a one-time lump sum with a fixed rate and fixed payment — good when you have a specific amount in mind and want predictability. I help clients choose the right tool for their goal.
Common Uses
Major home renovations with a clear budget. Debt consolidation where you want one fixed payment. Large one-time expenses like a wedding, medical procedure, or business investment. Anything where knowing your exact monthly cost matters.
Qualification
Similar to a HELOC: you need equity in your home, a reasonable credit score, and documented income. Combined loan-to-value ratios typically need to stay at or below 85–90%. I'll run the numbers with you before you commit to anything.
Ready to Get Started?
Fill out our quick form or schedule a call to discuss your options.