🏠 Tap Into Your Home’s Value with a Home Equity Line of Credit (HELOC and Home Loan)

California homeowners—your home is more than just a place to live. It’s one of your most powerful financial tools.

With rising property values across the Golden State, now may be the perfect time to leverage your home equity to access low-interest funds for what matters most.

💡 What Is a HELOC?

A Home Equity Line of Credit (HELOC) allows you to borrow against the equity in your home—similar to a credit card, but with significantly lower interest rates.

Use the funds when you need them for:

• 🔨 Home renovations or upgrades

• 🧾 Consolidating high-interest debt

• 🎓 Education costs

• 🚗 Major purchases

• 🚨 Emergency expenses

📊 Why Consider a HELOC Now?

• Flexible Access: Borrow only what you need, when you need it

• Lower Interest Rates: Compared to personal loans or credit cards

• Tax Benefits: Interest may be tax-deductible (consult your advisor)

• Boost Your Home’s Value: Invest in improvements that pay you back

Ways to Use Home Equity

You can borrow against home equity for major expenses:

• Home Equity Loan (HEL) – lump sum, fixed interest.

• Home Equity Line of Credit (HELOC) – revolving credit, variable rate.

• Cash-Out Refinance – replace your mortgage with a larger one and take the difference in cash.
   

Example Comparison: Credit Card vs. Home Equity Loan DISCLAIMER: This is a hypothetical example for informational purposes only. Actual rates, terms, and payments may vary. Always consult with a licensed financial professional before making financial decisions.

💳 Credit Card Debt (20% APR, $75,000 balance)
Estimated Monthly Payment (interest only):
👉 $1,875

🏠 Home Equity Loan – $75,000, 20-Year Term
Interest Rate Estimated Monthly Payment
8% $627
9% $674
10% $723

Monthly Savings vs. Credit Cards
At 8%: Save $1,248/month
At 9%: Save $1,201/month
At 10%: Save $1,152/month
 

🤝 Work With a Local Lender

Whether you're thinking about tapping into your equity or just curious how much you could qualify for, I’m here to help.