A smarter alternative to a traditional Home Equity Line of Credit (HELOC)
HELOC For Seniors® can give you access to $50,000 to $400,0001 from your home equity — without refinancing or giving up your current low-rate mortgage. Plus, it offers fast approval and funding in as few as 5 business days.2
A quick conversation with our team can help you:
- Reconfirm your eligibility
- Review your loan estimates
- Decide if this solution fits your goals
Don’t miss this time-sensitive opportunity to boost your cash flow and add more financial freedom to your retirement.
Request your call with our Reverse One Education Desk today to help you understand your customized options and next steps.
¹ Your maximum loan amount may be lower than $400,000 and depends on home value, lien position, credit profile, verified income, and available equity. Loan amounts range from $50,000 to $400,000 unless a lower amount is required under applicable law. Home value and equity determined via independent data sources and automated valuation models.
² Approval may be granted in ten minutes but is subject to verification of income, employment, and property value, as well as confirmation the property is in at least average condition. Five business day funding assumes remote online notarization. Funding timelines may vary by state.
HELOC For Seniors® is an open-end product where 80%–100% of the loan amount (less origination fees and costs) must be drawn at closing. The initial funded amount carries a fixed rate. Additional draws during the 10-year draw period will be based on the Prime Rate published in the Wall Street Journal for the calendar month preceding the draw plus a fixed margin. Rates on additional draws may be higher than the initial draw.