Turn built-up equity into smart, affordable funding
Compare HELOCs, fixed home equity loans, and cash-out refinancing offers in minutes—without leaving the RateRoots experience.
Average approval timeline
48 hrs
Equity unlocked
$1.3B+
Use your home to finance renovations, debt consolidation, or investments
Home equity products leverage the value you have built in your property. RateRoots compares fixed-term home equity loans, flexible HELOCs, and low-cost cash-out refinances so you can choose the right repayment strategy.
Home equity loan vs. HELOC
Home equity loan
Receive a lump sum with a fixed interest rate and predictable monthly payment.
- Ideal for one-time expenses
- Fixed rate protection
- Terms from 5–30 years
HELOC
Draw funds as needed during the draw period and pay interest only on what you use.
- Great for phased projects
- Variable rate flexibility
- Reuse funds during draw window
How RateRoots home equity funding works
Tell us your goals
Complete the quiz with property value and balance details.
2 minutesReview matched offers
Compare HELOC and loan programs from national and local lenders.
Upload documentation
Provide income verification and proof of homeowners insurance.
Close and access funds
Receive a lump sum or open your credit line—often within days.
Home equity basics
Equity required
15%+
Aim for ≤ 85% combined LTV after funding
Credit score
620+
680+ may unlock premium pricing
Debt-to-income
≤ 45%
Includes your new payment obligation
Ownership history
12 months
Seasoning for most lenders
Preview your home equity payment
Estimate monthly payments using your equity, rate, and draw amount.
Average blended rate savings
2.1%
Compared to card & personal loan debt
Projects funded
9.4K
Renovations, tuition, debt payoff
Max line size
$750K
Subject to property and credit approval
Frequently asked questions
Unlock your home’s potential
See how much equity you can access with one quick quiz.