Please ensure Javascript is enabled for purposes of website accessibility

Get Cash Out Without Touching Your First Mortgage

Access Up to 90% of Your Home's Equity
Pre-Qualification - Soft Credit Report *

A Soft Credit pull is all that is required to get started

100% Online Application

No need to go digging for paperwork. Just link your accounts

Super Streamlined Income & Asset Verification

Once your accounts are linked. It's a fast and easy verification process

Approval In Minutes
Funding In 5 Days **

Once approved, you're just days away from cash in hand

Dedicated Customer Support Team

We are available M-F 7am - 7pm PST

Frequently Asked Questions

What is the Interest Rate for this program?

Interest rates are determined by Artificial Intelligence programs. You may expect rates in the range of 5.64% - 1 2 .44%. If you are approved, you will receive different options to choose from. The rate, term, & origination fee can be selected that is most suitable for your needs.

Are there any pricing discounts?

Quoted interest rates assume a 0.25% discount for automatic payment enrollment. Opting out of this feature will increase the interest rate accordingly.

What can I expect to pay in closing fees?

The only closing fee is the one-time origination fee of 1.5%, 3.99%, or 4.99% depending on your selection (choices vary based on creditworthiness, LTV, and state of residence)

Is this an Interest Only loan?

The HELOC is fully-amortizing throughout the life of the loan, there is no interest-only period.

How is income verified?

Income is verified via automated or manual means. You will have the option to verify income by your choice of bank account data, asset accounts, paystubs, or tax filings.

Can I apply with my spouse or another co-borrower?

Although this program does not allow for a co-borrower, you can use household income. This income will need to be verified.

How is my home's value determined? Do I need to pay for an appraisal?

An Automated Valuation is used to determine your home's value. There is no out of pocket cost to you for this purpose.

What is the pre-payment penalty ?

There is no pre-payment penalty.


Happy Clients

* A soft credit report is needed to get started. Once YOU Select your product and decide to move forward, a hard credit report will be processed.

** Five business day funding timeline assumes closing the loan with an online notary. Funding timelines may be longer for loans secured by properties located in countries or states that do not permit recording of e-signatures or that otherwise require an in-person closing. Restrictions may apply. THIS IS NOT A COMMITMENT TO LEND. Terms, conditions, and programs are subject to change without notice. All loans are subject to credit, underwriting, and property approval guidelines. This is not an offer to enter into an interest rate lock agreement. Finance Inc. is not affiliated with your current lender nor any Government Agencies. Not all applicants will quality for these terms. Loantown is a registered trademark of Finance Inc. ALL rights reserved. For licensing information, go to: Licensed by Department of Real Estate #01255282 NMLS 2090923.

*** Finance Inc. dba Loantown Home Equity Line of Credit (HELOC) is an open-end product where the complete loan amount minus the origination fee will be 100% borrowed at the time of origination for a minimum of 30 days. The initial amount funded upon origination will be based on a fixed rate; however, this product features an additional draw feature. The length of the draw feature varies from 2-5 years based on the program selected. The borrower is permitted to take more draws during the draw term as long as they do not exceed the line's outstanding balance. If the borrower elects to make an extra draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. The fixed rate for any subsequent draws may therefore be greater than the fixed rate for the first draw. Your home must be pledged as security for the HELOC, and if you default on the loan payments, your home may be forfeited. To qualify for credit, borrowers must fulfill the minimum conditions set forth by the lender. only accessible for primary, secondary, and investment houses depending on the required debt-to-income ratio and the minimal credit score. Your rate and the maximum loan amount are determined by a number of factors, including your occupancy status, lien position, and credit score. All candidates may not be accepted. Applicants are subject to underwriting and credit approval.

For more information on HELOC's click here

Powered by