Hard Money Home Equity Loan vs. Non-QM HELOC

When it comes to leveraging the equity in your home, two less conventional options stand out: hard money home equity loans and Non-QM HELOC loans. Both cater to borrowers who may not fit the mold for traditional financing, yet their purposes, structures, and benefits differ significantly. Choosing between them requires understanding their nuances and aligning… Read More »

Home Equity Loan Closing Costs and HELOC Fees

So you want to apply for a home equity loan to tap some of your hard-earned equity. Keep in mind that every mortgage, whether it is a home equity loan or HELOC, has closing costs. The only question is how much home equity loan closing costs and lending fees will be and how they will… Read More »

Can I Get a HELOC After Chapter 13 Discharge?

Filing for Chapter 13 bankruptcy can be a difficult financial journey, but completing the process and receiving a discharge offers a fresh start. Many homeowners, ask us, if they can get a Home Equity Line of Credit or HELOC after a Chapter 13 discharge. While the path to getting approved for a HELOC post-bankruptcy is… Read More »

Private Home Equity Loan Guide

private home equity loan

Homeowners looking to tap into their home’s equity often face challenges with traditional banks due to strict lending criteria. Fortunately, private home equity loan programs offer alternative solutions with more flexible approval processes. Whether you’re an investor, self-employed, or have unique financial circumstances, these private equity loan programs provide accessible funding options. Top 5 Private… Read More »

Will the HELOC Interest be Tax Deductible 2025?

The 2023 tax deduction eligibility for home equity credit lines and HELOC loans is a critical point for consumers looking to maximize homeownership benefits. If you own your home, you probably have noticed that real estate prices have climbed significantly in the last year. For some homeowners, they may be enjoying 25% or more of… Read More »

Home Equity Line Opportunities for Credit and Low Rates

While the Federal Reserve continues to hike rates, the demand for home equity lines surges.  When rates rise, homeowners choose taking out a home equity credit line over refinancing because they can keep their low interest mortgage. Most people at one time or another need access to capital that is not sitting in their savings… Read More »

How a Home Equity Loan with No Income Verification Works

Securing a no income verification home equity loan typically does not require the proof of income to demonstrate the borrower’s ability to repay the loan. Individuals without a traditional income stream—such as retirees, freelancers, or those with substantial assets but no regular earnings—obtaining such financing can seem as elusive as chasing the wind. No doc… Read More »

How Much HELOC Can I Get?

The ability to tap into your home’s equity through a Home Equity Line of Credit can provide a financial safety net or fund major expenses such as home remodeling, consolidating debt, or investment property opportunities. But just how much HELOC can you get based on borrowing credentials? It is not a a one-size-fits-all solution, as… Read More »

Which Equity Loan Does Not Require DTI?

no dti equity loan

For many homeowners looking to tap into their home’s equity, debt-to-income ratio (DTI) requirements can be a significant barrier. Traditional lenders rely on DTI to assess a borrower’s ability to repay a loan, but what if you could secure an equity loan without worrying about DTI calculations? Fortunately, some financial institutions and private lenders offer… Read More »

Can Land Be Used as Equity in a Construction Loan?

For many aspiring homeowners and real estate investors, owning land is the first step toward building a dream property. But what if that land could be leveraged to secure financing? Can land be used as equity in a construction loan? It is possible and this financial strategy is a valuable tool for reducing out-of-pocket expenses… Read More »