Choose Your Home Equity Strategy
Pick the path that fits your goals. One click takes you to the full breakdown.
- FLEXIBLE ACCESS
HELOC
Flexible access to equity when you need it.
Choose HELOC - FIXED LUMP SUM
Closed-End Second Mortgage
Fixed payment. Fixed amount. Keep your existing first mortgage.
Choose Fixed Second - REPLACE MORTGAGE
Cash-Out Refinance
Replace your existing mortgage and access equity through a new loan.
Choose Cash-Out
Side-By-Side At A Glance
| HELOC | Closed-End Second | Cash-Out Refi | |
|---|---|---|---|
| Keep your first mortgage? | Yes | Yes | No — replaced |
| Payment type | Variable, draw-based | Fixed monthly | Fixed monthly |
| Funds delivered | Line of credit | Lump sum at close | Lump sum at close |
| Best when… | You want flexibility | You have a low first mortgage rate | Your current rate is at or above market |
Why Homeowners Are Looking At Equity Differently
Keep Your Existing Mortgage
HELOC and closed-end second options leave your current first mortgage — and its rate — untouched.
Potentially Access Tax-Advantaged Equity
Home equity proceeds are generally treated differently than earned income. Talk to a qualified tax advisor about your situation.
Leverage Existing Home Value
Years of appreciation and principal paydown can become usable capital — without selling the asset.
Access Funds Without Selling Assets
Renovate, consolidate, invest, or cover a major expense while keeping your portfolio and your home intact.
Home equity financing may provide access to funds that are generally treated differently than earned income. Consult a qualified tax advisor regarding your specific situation.
Not Sure Which Fits?
A five-minute conversation usually settles it. We'll walk through your current mortgage, your goals, and which path saves you the most.