Flexible credit line using your home’s built-up equity
A Home Equity Line of Credit (HELOC) lets homeowners borrow against their home’s equity as needed, similar to a credit card but with lower rates. HELOCs are flexible and ideal for funding renovations, education, or debt consolidation. At Team GWC of Citywide Home Mortgage, we provide competitive HELOC options that give you access to funds when you need them most, while helping you manage repayment responsibly.
At-a-Glance:
Min down: 15–20% equity required
Credit fit: Good to excellent
Occupancy: Primary residences
Loan size: Based on available equity
Pros: Flexible, revolving credit access
Cons: Payments vary with interest rates
FAQs
A line of credit secured by your home equity.
Withdraw as needed for renovations, debt, or education.
Most are variable, tied to market rates.
Yes, most HELOCs allow early repayment.
Ready to Start Your Mortgage Journey?
Apply online, schedule a quick call, or request a guided application with one of our licensed teammates.
