HELOC

Direct Home Loans is proud to offer Home Equity Lines of Credit! (HELOC)

A HELOC is a line of credit secured by your home that gives you a revolving credit line to consolidate high-interest debt or pay large expenses.

HELOC's are great for paying off debt, home improvements, or for a down payment on a new home.

You can unlock up to 90% of your home's equity without touching your first mortgage! 

 

 

We offer two types of HELOC's:

Standalone HELOC

A simple way of tapping into your home’s equity. It’s a popular option for accessing cash that can be used to pay down debt, make home improvements, cover tuition and more.

Piggyback HELOC

qualified borrowers can secure a mortgage on a home while simultaneously opening a home equity line of credit. Ideal for borrowers with less available for a down payment — the additional borrowed money can help them avoid paying private mortgage insurance.

Take advantage of all this loan has to offer, give us a call to learn about how this can benefit you!

 

 

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