Key Program Features
- Credit Score: 640+
- Max CLTV: Up to 89.99%
- DTI Max: 50%
- Property: SFR, Condo, PUD, 2–4 Units
- Credit Score: 640+
- Max CLTV: Up to 90%
- Credit Score: 640+
- Max CLTV: Up to 75%
- 2–4 Units Max CLTV: 65%
- Interest Only Payments
- 3-Year Draw Period
- Minimum Draw: $50,000 or 75% of Loan
- Close in 2 Weeks
- Available in 49 States (Excludes TX)
HELOC Loans in Chicago – Tap Into Your Home’s Equity with Confidence
A Home Equity Line of Credit (HELOC) lets you unlock your home’s value without refinancing your first mortgage. Whether you need cash for renovations, debt consolidation, education, or investment opportunities, our flexible HELOC options are built for Chicago homeowners.
Top Benefits of Our HELOC Program
No Refinance Needed
Keep your current mortgage rate. Our HELOC sits behind your first loan for added flexibility.
Interest-Only Payments
Pay interest only during the 3-year draw period—ideal for managing short-term cash needs.
Fast Closings
Funds can be available in as little as 2 weeks. Get what you need—quickly and efficiently.
Use for Almost Anything
From home updates to college tuition to investing, this credit line gives you flexible access to funds.
Who This Loan Helps
- ✔️ Homeowners who want to keep their low-rate mortgage
- ✔️ Real estate investors needing short-term capital
- ✔️ Families funding college or home renovations
- ✔️ Borrowers in Illinois and nationwide (except TX)
Find Out If You Qualify
Get pre-approved in minutes with our secure HELOC loan pre-approval form.
Frequently Asked Questions