MyExpressHELOC™ • California HELOC
California homeowners may have substantial home equity available. A HELOC can provide access to that equity while allowing you to keep your current first mortgage in place.
Home values throughout California have increased substantially over the past decade. Many homeowners now have significant equity but are reluctant to refinance low-rate first mortgages obtained in previous years.
A HELOC may provide access to available equity without replacing your existing mortgage.
Use home equity for renovations, debt consolidation, emergency reserves, or major expenses while keeping your current mortgage.
Access available home equity through a streamlined digital process with soft-pull eligibility review.
Many Orange County homeowners use home equity to fund improvements, investments, and major life expenses.
Bay Area homeowners often have substantial equity that may be available through a HELOC.
Use available equity for renovations, repairs, debt payoff, or other financial goals.
Homeowners throughout Southern California may benefit from flexible access to home equity.
Many California homeowners currently have first mortgage rates that are significantly lower than today's market rates.
Instead of refinancing the entire mortgage, a HELOC may provide access to equity while preserving the existing first mortgage.
Compare HELOC vs Cash-Out RefinanceThe minimum FICO score is generally 600 for primary residences and second homes.
Investment properties require a minimum FICO score of 680.
The eligibility review begins with a soft-pull Experian FICO 9 inquiry that does not impact your credit score.
Check eligibility online with a soft-pull review and see what options may be available.
Yes. California homeowners may qualify based on equity, credit profile, occupancy, property type, and program guidelines.
No. The initial review uses a soft-pull Experian FICO 9 inquiry.
Many California homeowners use home equity to finance ADU construction and property improvements.
Not on loan amounts of $400,000 or less. AVM or BPO valuation methods may be used.
MyExpressHELOC™ | Matthew Brown | Loan Factory, Inc. | NMLS #1254250 | Company NMLS #320841. Equal Housing Lender. Program details subject to change. Terms, conditions, and eligibility apply.