Loan Programs
HELOC / Stand-Alone Seconds
Tap your home equity without refinancing your first mortgage. Home equity lines of credit and stand-alone second mortgages for cash-out, renovations, debt consolidation, and more.
Program Features
Keep your existing low-rate first mortgage in place
Draw funds as needed (HELOC) or take a lump sum (second mortgage)
Variable-rate HELOCs and fixed-rate seconds available
Loan amounts on many programs up to $500K+
Combined loan-to-value (CLTV) up to 85% – 90% on select programs
Use for renovations, debt consolidation, tuition, or investment opportunities
Streamlined documentation on many products
Quick closings — often in weeks, not months
Frequently Asked Questions
What's the difference between a HELOC and a stand-alone second?
A HELOC is a revolving line of credit secured by your home — you draw funds as needed during the draw period and repay them. A stand-alone second is a closed-end second mortgage that funds as a lump sum with a fixed amortization schedule, typically at a fixed rate.
Will this affect my existing first mortgage?
No. A HELOC or stand-alone second is a separate loan that sits behind your first mortgage in lien position. Your existing first mortgage rate, balance, and terms remain unchanged — which is why these products are popular when borrowers want to access equity without giving up a low first-lien rate.
How much equity can I access?
Most lenders allow a combined loan-to-value (CLTV) of 80% – 85%, with select programs going to 90%. For example, if your home is worth $800K and your first mortgage balance is $400K, you may be eligible to access $240K – $320K through a HELOC or second mortgage, subject to credit and income qualification.
Are interest payments tax deductible?
Interest on home equity loans used to buy, build, or substantially improve the home that secures the loan may be tax deductible under current IRS rules. Consult a tax professional for guidance based on your specific situation.
Ready to Get Started?
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