2nd Mortgage Loans: HELOANs & HELOCs
Second mortgage loans give homeowners a way to access their home equity without refinancing their existing first mortgage. These loans are available as either Home Equity Loans (HELOANs) or Home Equity Lines of Credit (HELOCs).
Loan Types Available
HELOAN
Home Equity Loan
A fixed-rate, lump-sum second mortgage with consistent monthly payments over a set term. Perfect for homeowners who need a specific amount upfront and prefer predictable payments.
HELOC
Home Equity Line of Credit
A flexible, revolving line of credit you can draw from as needed, often with interest-only payments during the initial draw period. Ideal for ongoing projects or expenses.
General Program Guidelines
Loan Amounts
Minimum
$25,000
Maximum
$500,000+
Minimum Credit Score
Typically
660+
or higher
Maximum CLTV
Combined Loan-to-Value
85-90%
Up to
Common Uses for Second Mortgages
Home Renovations
Kitchen upgrades, bathroom remodels, additions, and more
Debt Consolidation
Combine high-interest debts into one lower payment
Investment Opportunities
Real estate investments, stocks, or business ventures
Business Expenses
Business startup costs, education, or personal expenses
Important Disclaimer
Loan terms, credit score requirements, and available programs are subject to change at any time based on market conditions and program updates. The information above is provided for general reference only. For the most accurate and up-to-date options, please contact Equitable Lending directly.
Ready to Access Your Home Equity?
Let our experts help you choose between a HELOAN and HELOC to meet your specific financial goals
How Equitable Lending Works
Simplifying Your Mortgage Experience with Equitable Lending
Explore Loan Options
Discover mortgage solutions tailored for you, including Mortgage Purchase Loans, Refinance Loans, and more.
Personalize Your Experience
Customize loan options based on your financial needs, including Second Mortgages and Interest Only Loans.
Guided Support
Receive expert advice from our team to guide you through the mortgage process, including Reverse Mortgages and Non-QM Loans.
Secure Your Future
Count on our secure lending solutions ensuring a safe and tailored financial future for you and your family.
Benefits of Working with Equitable Lending
Discover why thousands of clients trust us with their most important financial decisions
Direct Mortgage Lender Expertise
We specialize in Mortgage Purchase Loans, Refinance Loans, Reverse Mortgages, 2nd Loans, and HELOCs to find the best fit for your needs.
Competitive Rates Tailored to Your Situation
We work to find rates tailored to your situation and help you explore exceptional value and savings on your loan.
Diverse Loan Options
From FHA and VA Loans to Jumbo and Non-QM options, we provide tailored solutions for first-time homeowners and investors.
Fast and Efficient Process
We streamline the mortgage process, ensuring quick approvals and clear guidance at every step.
Exceptional Customer Support
Our team is available daily from 9am to 5pm for dedicated service and to address any inquiries.
Trusted and Licensed
Fully licensed, NMLS 1124483, we are dedicated to ethical practices that ensure your peace of mind.
Experience These Benefits Today
Join thousands of satisfied clients who have chosen Equitable Lending for their mortgage needs
CLICK HERE FOR MORE CLIENT TESTIMONIALS & REVIEWS
What Our Clients Think
Real stories from real clients who achieved their homeownership dreams with our help
"Equitable Lending made my home buying experience seamless. Their expertise in mortgage loans made the process straightforward and stress-free!"
"I refinanced my mortgage with Equitable Lending and their team ensured I got the best rates. Their service is second to none!"
"Equitable Lending has made securing a home loan easy and accessible. Their variety of loan options fit my needs perfectly!"
Ready to Join Our Happy Clients?
Experience the same exceptional service and expertise that our clients rave about
Frequently Asked Questions
How can I get started with mortgage solutions from Equitable Lending?
To get started, visit our website and fill out a consultation form. One of our mortgage specialists will reach out to discuss your loan needs and how we can assist you with FHA Loans, VA Loans, Conventional Loans, and more.
What types of mortgage products do you offer?
Equitable Lending specializes in a variety of mortgage products, including Mortgage Purchase Loans, Refinance Loans, Reverse Mortgages, 2nd Loans, and HELOCs. We also offer Non-QM Loans and tailored solutions for First Time Home Owners and Investors.
Are there any government programs available for mortgage assistance?
Yes, various government programs provide support for mortgage assistance, including FHA Loans and VA Loans. Our team can help you navigate these options to find the best benefits available to you.
What is the process for obtaining a mortgage?
After you decide to proceed with a mortgage, we schedule an assessment of your financial situation. We handle the application process and guide you through the necessary documentation and approvals to ensure a smooth transaction.
How can I monitor my mortgage process?
After applying for a mortgage, you will receive updates through our client portal. You can track your application status in real-time and communicate with our team regarding any questions you may have.
What if I have issues with my mortgage?
If you encounter any issues, our customer service team is ready to assist! You can contact us through our website or call us at (877)885-0111, and we will provide support and resolve any concerns you may have.
Can I expand my mortgage options later?
Yes! If your financial situation changes or you want to pursue additional funding, we can assist you in expanding your mortgage options, including refinancing or adding more loans as needed.
What is the warranty on your mortgage products?
We provide clear guidance on the terms and conditions of our mortgage products. Our team will explain all details, ensuring you understand your options and obligations as a borrower.
2nd Mortgages Made Easy
Comprehensive lending solutions designed to meet your unique financial goals and lifestyle needs
Customizable Lending Solutions
Discover innovative solutions such as Refinance Loans to suit your lifestyle.
Advanced Financing Practices
Leverage the latest options like Reverse Mortgages for smart financial decisions.
Expertise in Non-QM Loans
Explore options tailored for Non-QM Loans including Investor Loans and more.
Ready to Explore Your Options?
Let our experts guide you through the perfect lending solution for your unique situation