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Important disclosures
Available as closed end, fixed rate, second lien. Eligibility for primary, second home and investment properties, allowing for only 10 total financed properties.. The total of first and second liens cannot exceed $3M. No more than two mortgage liens are permitted on a single property. Financing subordinate to the new second lien is not permitted. First lien mortgages must be fully amortizing, fixed rate or adjustable rate mortgage loans only. This product requires you to pledge your home as collateral, and you could lose your home if you fail to repay. Minimum equity and FICO score requirements apply and impact total loan amount available from $50,000 to $500,000. Maximum debt to income cannot exceed 50%. This product is not a revolving line of credit. State and product restrictions vary so talk to your loan officer about what options may be available to you. Not available in all states. Additional restrictions apply. Not all applicants will be approved. Applicant subject to credit and underwriting approval. Not a commitment to lend. Contact Rate for more information.
1) Our loan amounts range from a minimum of $50,000 to a maximum of $500,000. Your maximum loan amount may be lower than $500,000 and will ultimately depend on your home value and equity at the time of acceptance. We determine home value and resulting equity through independent data sources and automated valuation models.
2) 6.83% Annual Percentage Rate (APR) for the most qualified borrower is shown for a 30-year fixed-rate home equity loan. Example: a $50,000 loan at 6.75% interest rate (6.83% APR) has a repayment term of 360 monthly payments of approximately $325 (principal and interest). Example assumes a combined loan-to-value of 60%. Rate and terms subject to a rereview of borrower creditworthiness, loan-to-value, property type, and other underwriting criteria..
3) Funding timeline: Twenty business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing. In addition, funding timelines may be longer if we cannot readily verify that your property is in at least average condition with no adverse external factors with a property condition report and may need to order a desktop appraisal to confirm the value of your property.
4) Source: 97% Customer Satisfaction: Data Source: Guaranteed Rate’s Client Satisfaction Surveys (Averaged 2025).
5) Forbes Advisor Best Online Mortgage Lender for First-time Homebuyers in 2025.
6) NerdWallet Best Mortgage Lender for Low Credit Scores 2025.
7) Credit Karma 4.5/5 Avg. Rating by 900+ Members as of September 2026.