Discover eXPRESS HELOC
eXPRESS HELOC gives qualifying homeowners a fast and convenient way to access the equity in their property without replacing their existing first mortgage.
Whether borrowers are planning home improvements, consolidating debt, preparing for major expenses, or simply looking for added financial flexibility, eXPRESS HELOC provides a streamlined digital experience from application through funding.
Built with both borrowers and mortgage brokers in mind, eXPRESS HELOC combines fast approvals, competitive financing options, and a simple online process, making it easier than ever to offer home equity financing as part of your lending solutions.
Why Choose eXPRESS HELOC?
- Faster Turn Times: Initial approval in as less as 5 minutes*, with funding in as few as 5 days* for qualifying homebuyers.
- Digital Experience: A fully online application keeps the process simple from start to finish.
- Flexible Financing: Borrowers can access up to $750,000 in available equity, subject to program guidelines.
- Competitive Options: Competitive fixed-rate options help borrowers finance with confidence.
- Redraw Capability: Eligible borrowers can redraw available funds during the redraw period.
- Keep the Mortgage First: Borrowers can tap into their home equity without refinancing their existing mortgage.
Who is Eligible?
eXPRESS HELOC is available for qualified borrowers who own:
- Primary residence
- Second home
- Investment property
Eligible Property Types
- Single-family residence
- Condominium
- Townhome
Loan Highlights
- Loan amounts up to $750,000
- Subject to underwriting approval
- Credit and property requirements apply
When is a HELOC a Good Fit?
A home equity line of credit (HELOC) can be an excellent solution for borrowers who want to leverage the equity they’ve built while maintaining the terms of their current mortgage.
Common Uses Include:
- Home Renovations: Upgrade kitchens, bathrooms, additions, landscaping, or other home improvement projects.
- Debt Consolidation: Pay off higher-interest debt with a financing solution backed by home equity.
- Education Expenses: Help finance tuition, certifications, or continuing education.
- Emergency Expenses: Create additional financial flexibility when unexpected expenses arise.
- Major Purchases: Cover weddings, medical expenses, vehicles, or other significant life events.
- Investment Opportunities: Use available equity to invest in additional properties or other financial goals.
Why Brokers Choose eXPRESS HELOC
- Continue Serving Clients: When borrowers ask about accessing their home’s equity, you don’t have to send them somewhere else.
- Expand Your Product Suite: Offer more financing solutions from a trusted lending partner.
- Build Long-Term Relationships: Stay connected with clients beyond the initial purchase or refinance transaction.
- Fast Digital Experience: Simple online application with quick decisions and efficient funding.
- Dedicated eLEND Support: Our team is here to support you and your borrowers throughout the process.
Frequently Asked Questions
How much can borrowers’ access?
Qualified borrowers may obtain a line of credit up to $750,000, subject to underwriting and property eligibility.
What can a HELOC be used for?
Borrowers commonly use HELOC funds for:
- Home improvements
- Debt consolidation
- Tuition
- Emergency expenses
- Major purchases
- Investments
- Business expenses
- Property improvements
Do borrowers refinance their current mortgage?
No.
A HELOC allows borrowers to access their home’s equity while keeping their existing first mortgage in place.
Is everything completed online?
Yes.
The application is designed to be completed digitally for a convenient borrower experience.
Can borrowers access funds again later?
Eligible borrowers may redraw available funds during the draw period according to program guidelines.
What property types are eligible?
Qualified borrowers may use:
- Primary residences
- Second homes
- Investment properties
Program guidelines apply.
Ready to Put Home Equity to Work?
Whether you’re a homeowner looking for flexible financing or a mortgage broker looking to expand your solutions, eXPRESS HELOC makes accessing home equity easier than ever.
This training course is required for you to begin offering this program.
Take TrainingIf you are already an approved broker and have completed your training – login today!
Broker HELOC LoginIf you need access to get going or have any questions – Reach out today.
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*Preliminary approval in as little as 5 minutes and funding in as few as 5 days are available only for qualifying borrowers and are subject to receipt of all required documentation, underwriting approval, title review, property eligibility, and applicable state requirements. Not all applicants will qualify. Variable APR may apply. Consult program disclosures for complete terms and conditions.
