For California homeowners
Keep your low mortgage rate. Use your equity anyway.
A home equity line secured by your home, sitting behind the mortgage you already have. Your first mortgage and its rate stay exactly as they are.
Checking your options won’t affect your credit score. You’ll continue on our lending partner’s secure site and see where you stand in minutes.
- Nuline Funding, Inc. · NMLS #1390184
- Loan officer: Andrew Katz · NMLS #1278283
- Equal Housing Opportunity
Your home, in two numbers
Move the sliders to see how much equity you have.
Your equity
$530,000
That’s the share of your home you own outright. How much of it you can borrow against depends on your equity, income and credit.
Why not just refinance?
A cash-out refinance pays off your mortgage and replaces it with a bigger one at today’s rates. A home equity line sits alongside the mortgage you already have.
| Cash-out refinance | Home equity line | |
|---|---|---|
| Your current mortgage | Paid off and replaced with a new loan at today’s rate | Stays exactly as it is |
| How you get the money | One lump sum at closing | A line you draw from as you need it |
| Applying | A full mortgage application | Online, start to finish |
Is this a fit for you?
- You own a single-family home in California.
- Your mortgage rate is lower than what lenders offer today, and you want to keep it.
- You’d like access to cash for a remodel, bills or savings without refinancing.
It isn’t a fit for multi-unit or manufactured homes, or if you don’t have equity to borrow against.
How it works
Check your options
Answer a few questions on our lending partner’s site. It’s a soft credit check, so your score isn’t affected.
Review and accept
If the offer works for you, verify your income and sign. A full credit check happens at this step, not before.
Use your line
Draw what you need, when you need it, and leave the rest available.
Questions people ask
Will checking my options affect my credit score?
No. The first step uses a soft credit pull. A full credit check only happens after you accept an offer.
Is my home used as collateral?
Yes. Like any home equity line, it’s secured by your home. If you don’t repay, you could lose your home, so borrow only what you’re comfortable paying back.
How much can I borrow?
It depends on your equity, income and credit. You’ll see the exact amount you qualify for before you accept anything.
What does it cost?
Your rate, fees and terms are shown to you in full before you accept anything, and nothing is charged for checking. We’ll publish the current range here once our lending partner confirms it.
Why am I sent to another site?
Nuline Funding, Inc. is a licensed California mortgage lender and broker. For home equity lines we work with a lending partner that makes the offer and services the account. NuLine may be compensated if you open an account.
Can I talk to someone?
Yes. Email heloc@nulinefunding.com with questions about this page. The application itself is online, and the lending partner’s support team can help while you apply.
See where you stand in a few minutes
Your mortgage stays put. You decide whether you want the line after you see the offer.
Check my optionsChecking your options won’t affect your credit score.