Skip to content
The HELOC Company LLC - Wholesale Division logo

Our programs

What we offer, built for brokers.

HELOC is our variable-rate revolving line, live now. HELOAN is our 30-year fixed-term loan, opening soon.

HELOC

Live

Shared baseline

  • 5-year draw, 25-year total term
  • 1st lien
  • No credit score required
  • Max DTI 59.99% (all requirements must be met)
  • Hybrid appraisals required; 700+ AVM allowed
  • Properties listed for sale acceptable
  • Maximum $1M

HELOC

Variable-rate home equity line. Bank statement income may be considered (minimum 3 months personal or business deposits). Available for primary, second, or investment properties. Minimum loan amount $40K.

May fit when

  • Borrower payment adjust based on outstanding balance
  • Borrower is self-employed with 3 months of consistent, documented deposits (personal or business)
  • Borrower wants a revolving line over a fixed-term lump sum
  • Borrower may access available funds as needed

Doesn't fit when

  • Borrower needs a fixed monthly payment from day one (route to HELOAN when it opens)
  • Loan amount falls below $40K
  • Borrowers who need a lump sum at closing and not ongoing access
  • Borrowers with limited home equity (high LTVs)
Submit a loan

HELOAN

Coming Soon

Shared baseline

  • 30-year fixed term
  • 1st lien
  • No credit score required
  • Max DTI 59.99% (all requirements must be met)
  • Hybrid appraisals required; 700+ AVM allowed
  • Properties listed for sale acceptable
  • Maximum $1M
  • Coming Soon. Applications open when the program is ready to take live files.

HELOAN

30-year fixed loan with flexible qualification using traditional or alternative income, for primary, second, or investment properties. Occupancy on primary, second, or investment. Minimum $40K.

May fit when

  • Borrower needs a fixed P&I payment for full term of loan
  • Borrower needs fixed rate for the life of the loan
  • Borrower needs lump sum proceeds at closing

Doesn't fit when

  • Borrower wants flexibility of a revolving line (route to HELOC)
  • Loan amount falls below $40K
Submit a loan

Not sure which fits?

Ask the help desk. Get an answer same business day if request in by 3pm ET.

Ask the help desk