Before you sign anything
Your home equity, in honest numbers.
Three inputs. See your own numbers in plain dollars. Sometimes the answer is "not this one." Sometimes it's "not us." No login, no phone number, and no pitch until you ask for one.
Our home equity line is fully drawn at closing and amortizes from month one. Your initial disbursement is net of a financed origination fee. Paid-down credit can be redrawn during the draw period, and each new draw takes a new fixed rate set that day.
$550
approximate monthly interest on $30,000 of credit card debt at 22% APR, before the balance drops a dollar.
Arithmetic: $30,000 × 22% APR ÷ 12.
- Your draw: fixed from month 1
- Many variable-rate HELOCs start interest-only and change payment later.
No teaser. No balloon. No repricing on what you've drawn.
Illustration only. Not a quote.
"We'll tell you when we're not your cheapest option."
Our promise, Good Co. Broker Club
Checking your options uses a soft credit check, which doesn't affect your credit score. A full application includes a hard credit inquiry. No phone number field. We don't collect what we won't protect.
- Soft check to see your options
- No phone number field
- Fixed-rate option
- Local and licensed, NMLS #2440270
The honest structure
Some HELOCs hand you all the money on day one. This is one of them.
Here's what that means, in the order a critic would put them.
One: your full approved amount is drawn at closing, and you pay principal and interest on it from month one. No interest-only period and no balloon. If you want a line that sits at zero until you need it, this is the wrong product, and we'll help you find the right one.
Two: your rate is fixed the day you draw, for the life of that draw. Pay it down and borrow again during your draw period and the new draw gets that day's rate, locked from then on. Nothing you already owe ever reprices.
Three: there's an origination fee. It's financed into the loan, so your initial disbursement is a little less than your loan amount, and you'll see the exact number before you sign.
If you have a real, defined use for the money, this structure works for you. If you don't, it doesn't. We'd rather say so here than after you've signed.
Pay it down, and the line is still there
Your full line funds at closing, in one fixed payment. As you pay down what you owe, that paid-down amount becomes available again during the draw period. You can draw on it again, as many times as you like, as long as each draw is at least $500 and you're still inside the draw period. Each new draw gets its own fixed rate, set at the time you take it. The draw period depends on the term you choose: 3 years on a 10-year term, 4 years on a 15- or 20-year term, 5 years on a 30-year term. After the draw period ends, you keep paying down what you owe on the same fixed schedule. The amount you receive at closing is the line minus a financed origination fee.
Which one is you
Four situations. Four different honest answers.
Your home is paid off
Funding one real thing, a roof, a shop, a gift to a kid, without going back to a mortgage. Not a standby line, and we'll say so.
See how it works ↗You have a rate worth keeping
A standalone line leaves your first mortgage untouched. Run your own numbers before you decide.
Keep your rate ↗The cards crept up since 2022
The pass/fail test before you trade card debt for a loan on your house.
Take the test ↗You bought at 6 to 8% in 2022 or 2023
This probably isn't a HELOC conversation. Start with your own numbers, and we'll run your real break-even with you.
Start your numbers ↗Self-employed, or income that isn't a paycheck? The lender can verify income through account data or documents. Every path above still applies.
What happens after you click
The whole process, in daylight.
Short online application
The lender asks about you, your home and your income. You can verify income by linking accounts or uploading documents.
Soft credit check
Checking your options uses a soft credit check, which doesn't affect your credit score. A full application includes a hard credit inquiry.
Automated valuation
The lender orders a valuation of your home.
Your offer
Amount, rate, and the full payment schedule, knowable to the final month.
Closing
You sign your documents with a notary.
Rescission window
On a home you live in, federal law gives you three business days after signing to change your mind. We don't rush them.
The math
Your number, in plain dollars.
Using only your own numbers. If the honest answer is "pay it down yourself," that's what it will say.
Example numbers. Replace them with yours.
- Monthly interest alone, today:
- $550
- At your payment, paid off in about 52 months:
- February 2031
- Interest you'd pay on the way there:
- $16,788
That's the number worth beating. A real quote takes one short form, a soft credit check, and no phone number.
Estimates use only the numbers you entered. Not an offer of credit.
Ready for a real number? ↗Where we're not the right fit
Four reasons this might be wrong for you.
You get the full amount at closing. This isn't a rainy-day standby line. 100% is drawn day one and you're paying on all of it. If you want a $100k line 'just in case,' we're the wrong product. If you have a defined use, a payoff or a project, the structure works for you, not against you.
If your payoff horizon is short, don't do this. Our rule of thumb: if you'd pay it off in about 18 months, the origination fee usually isn't worth it, and staying put is probably cheaper. The calculator will tell you this to your face.
Your home secures it. Your home is the collateral. That's a real tradeoff, and we'd rather you weigh it in daylight.
There's an origination fee. It's financed into the loan rather than due in cash, and it's in your payment math. A critic would lead with this, so we will. You'll see the exact figure before you commit.
Your full line funds at closing, in one fixed payment. As you pay down what you owe, that paid-down amount becomes available again during the draw period. You can draw on it again, as many times as you like, as long as each draw is at least $500 and you're still inside the draw period. Each new draw gets its own fixed rate, set at the time you take it. The draw period depends on the term you choose: 3 years on a 10-year term, 4 years on a 15- or 20-year term, 5 years on a 30-year term. After the draw period ends, you keep paying down what you owe on the same fixed schedule. The amount you receive at closing is the line minus a financed origination fee.