Home equity and debt consolidation
Put the equity you’ve built to work.
Turn your home’s value into a renovation, a lower overall monthly bill, or your next big goal.
Ways to use your equity
Your home, your plan.
Home improvements
Remodel the kitchen, finish the basement, or add the space your family needs.
Debt consolidation
Replace high-cost revolving credit with one simple payment.
Life’s big moments
Education, a major purchase, or a cushion for the unexpected.
Debt consolidation
One simple payment instead of many.
By using the equity in your home, you can eliminate the high cost of revolving credit by consolidating your debt into one simple payment.
We’ll compare a HELOC, a home equity loan and a cash-out refinance so you can see which costs less over time.
- Home equity lines of credit (HELOC)
- Cash-out refinance
- Options for higher loan-to-value
Home equity FAQ
What to know before you borrow.
What’s the difference between a HELOC and a cash-out refinance?
A HELOC is a line of credit you draw from as needed, usually alongside your current mortgage. A cash-out refinance replaces your mortgage with a larger one and gives you the difference in cash. We’ll help you compare both.
How much equity can I use?
It depends on your home’s value, your current balance, your credit and the program. We’ll calculate it with you.
Is consolidating debt into my mortgage risky?
It can lower your payment, but your home secures the loan. We’ll walk through the total cost and the trade-offs before you decide.
Ready when you are
Let’s talk about your next move.
No pressure, no obligation. Just a quick conversation with a local mortgage pro about where you want to go.