Tap into home equity without refinancing your first mortgage.
MyExpressHELOC™ helps homeowners check eligibility online using a soft-pull Experian FICO 9 review. Available in all 50 states.
Fast, simple, digital.
A HELOC can be a smart way to access equity while keeping your existing first mortgage in place.
1. Check eligibility
Start online with a soft-pull Experian FICO 9 review.
2. Verify digitally
Upload and verify needed information through a streamlined digital process.
3. Access funds
Use equity for improvements, debt consolidation, reserves, or other needs.
Why homeowners use a HELOC
Want to check your credit first?
This program uses Experian FICO 9. If you want to review your credit profile before applying, use the credit-check resource below.
Check Your CreditAvailable nationwide. SEO focus in key states.
Loans are offered in all 50 states. MyExpressHELOC™ also focuses content and marketing around several high-equity states and metro areas.
HELOC FAQ
Will checking eligibility hurt my credit score?
No. The initial eligibility review uses a soft pull and does not impact your credit score.
Which credit score is used?
The program uses Experian FICO 9 for the initial soft-pull review.
Do I need a full appraisal?
Not for loan amounts of $400,000 or less. An AVM or BPO may be used. If you do not agree with the value, a full appraisal can be ordered.
What is the maximum loan amount?
The maximum loan amount is up to $750,000, subject to eligibility, property type, value, credit profile, and program guidelines.
What is the minimum credit score?
The minimum FICO score is 600 for primary and second homes. Investment properties require a minimum FICO score of 680.
What property types are eligible?
Single-family residences, townhouses, planned urban developments (PUDs), and most condos may be eligible.
Is this a refinance?
No. A HELOC is a separate line of credit secured by your home equity. Your existing first mortgage remains in place.
Can I add more questions later?
Yes. This FAQ section is intentionally built so you can add more questions over time as borrowers and Realtors ask them.
Ready to check your options?
Apply online with a soft pull, or request a call if you want to talk through your situation first.
Matthew Brown - Sr. Loan Originator
Loan Factory, Inc.
NMLS #1254250
Company NMLS #320841
matthew.brown@loanfactory.com
Equal Housing Lender. Program details subject to change. Terms, conditions, and eligibility apply.