Access your equity in a lump sum without losing your low rate
With a Home Equity Loan (HELOAN), you can get up to $1M in days, and keep your current rate
Apply in less than 10 minutes
Fast approval for up to $1M in a lump sum
Fixed rate and payment
Keep your low rate from first mortgageApply in less than 10 minutesFast approval for up to $1M in a lump sumFixed rate and paymentKeep your low rate from first mortgage
The gist
Cheaper than a HELOC, a HELOAN frees you up — without upsetting your rate
Because a HELOAN is a second mortgage, the rate you already have stays untouched. You're not refinancing a rate you'd rather keep in order to reach equity you've already built.
Why a Beeline Home Equity Loan?
Tap your equity, get it in one lump sum and keep your low mortgage rate — it’s a win-win-win!
Flexible qualifying options
If you’ve got tax returns and W2s, great! If your income isn't a straightforward pay stub, you can qualify using bank statements, 1099s or a CPA-prepared P&L. And we even do a DSCR HELOAN — you qualify using the property’s income, not your own.
Why refinance your whole mortgage?
A HELOAN is a fixed-rate second-lien — so you only borrow what you need and your low rate stays on your current mortgage, untouched. That means today's pricing applies to a fraction of your debt instead of all of it.
Put more in your pocket each month
HELOAN rates are lower than HELOC rates — and importantly, are much lower than credit card rates. So extinguishing stressful payments with a HELOAN can cut your overall debt payments so you’ll have more money to play with.
HELOAN vs. HELOC
| Feature | HELOAN Home Equity Loan | HELOC Home Equity Line of Credit |
|---|---|---|
| Classed as a second mortgage | ||
| Fixed-rate for life of the loan | ||
| Fixed payment for the life of the loan | ||
| Access your equity in one lump sum | ||
| Existing first mortgage stays in place | ||
| Line of credit — draw funds as needed |