Shane Direct: (949) 322-3616 | Brian & Nichole: (949) 202-5332

Home Equity Lines of Credit

Free Refinance Analysis

Over the years you have spent in your home, you have invested into it every month. Now, you need some extra cash.

What if there were a way you could use the equity you have built up in your home to get the funds you need? That is exactly what you can do with a home equity line of credit, often called simply a “HELOC” for short.

What is a HELOC?

A home equity line of credit is described pretty well by its name. It is a line of credit which you borrow against the equity in your home. That equity acts as security.

A HELOC works differently from a cash-out refinance. With a cash-out refinance, you receive a lump sum in the amount you are borrowing. With a HELOC, what you have is a revolving line of credit much like a regular credit card. It is up to you how much of that line of credit you want to use, so long as you meet the minimum draw requirement.

HELOC Benefits

You are in charge of how much of the HELOC you decide to utilize. You also get to make determinations about when you access those funds.

The initial interest rate for a HELOC may be more competitive than the interest rate you would be quoted for a credit card. Keep in mind that HELOC rates are usually adjustable.

Closing costs for home equity lines of credit tend to be low. Sometimes, there may be no closing costs to pay.

You can use the funds from a home equity line of credit in any way you choose without restrictions.

Multiple flexible repayment plans may be available.

Is a HELOC Right For You?

Like other types of financing, home equity loans have their pros and cons to weigh. You will need to consider the details of your financial situation to determine whether a HELOC will be the most suitable fit your needs. This is something which we can advise you on during your consultation if you need guidance.

What Our Clients Are Saying

Facundo Lavino
Facundo Lavino
19:16 26 Oct 21
Nichole and Brian are AMAZING. They were resourceful, patient and made it happen for us. We got a new house thanks to them. Thank you very much
They did an amazing job of getting the rates we wanted and quickly with ease. I highly recommend them if you are buying in CA!
Shaktivan Chamba
Shaktivan Chamba
22:18 15 Oct 21
Brian and Nicole are a pleasure to work with. appreciate the clarity, availability to answer the many questions, capabilities to succuessfully fund, kindness, trustworthiness. thanks
Nauz Karami
Nauz Karami
14:42 13 Oct 21
It was such a pleasure to work with Brian and Nichole on this loan. As a real estate professional I work with so many lenders/ brokers so when it came time to choosing one for my personal deal I definitely had a lot of options. with that said I chose Brian and his team as they were the most responsive, gave me the best rate and we’re so on top of the file. The whole process was super easy and smooth and we didn’t have a single delay! Will definitely be sending all my clients to Grand Lending Team.
00:35 13 Oct 21
We had a great experience working with Nicole & Brian. They were efficient, professional, thorough, and made us feel comfortable throughout the entire process.

Apply for a HELOC Today

If you are ready to enjoy the convenience and flexibility of a home equity line of credit, please give us a call today at (800) 293-2133 to schedule your HELOC consultation in Florida, Texas, California, New York, Illinois, or any of the 50 states.

Get Pre-approved today!