Turn Your Equity Into One Lump Sum.
Start your home equity loan request online in minutes and receive a single lump sum while keeping your existing first mortgage in place.*
Put your home’s equity to work.
Access it without refinancing your current mortgage.
- A single lump sum from $50,000 to $1,000,000, subject to approval*
- Keep your existing first mortgage in place, on a primary residence, second home, or investment property
- Explore your options quickly and easily*
- A one-time lump sum from $50,000 to $1,000,000, rather than a revolving line
- Use it for renovations, debt consolidation, or major expenses
- Start your request online in minutes*
- Combined financing to 90% of value at the strongest credit tiers*
A Lump Sum From Your Available Equity*
Renovate, consolidate, or improve
Keep your first mortgage & rate
See your options online*
A fixed amount from $50,000 to $1,000,000, funded at closing
Fast, online request process
What is a home equity loan?
Turn your equity into flexible financing
A home equity loan lets qualified homeowners borrow against the equity they’ve built in their property, receiving the full amount as a single lump sum at closing. It is a standalone second lien, available on primary residences, second homes, and investment properties.
Unlike a cash-out refinance, a home equity loan lets you keep your existing first mortgage in place while accessing additional funds based on your available equity. Because a home equity loan is secured by your home, your property serves as collateral for the loan.
Amounts available to qualified homeowners depend on your available equity, and the full balance is funded at closing. Fixed rate options are available.*
Why a home equity loan?
You’ve built equity. Put it to use.
Home Renovations & Improvements
Fund remodels, additions, and upgrades to your home.
Debt Consolidation
Consolidate higher-interest balances into a single loan.
Major Life Expenses
Cover tuition, weddings, medical costs, and other big moments.
Real Estate and Property Goals
Use available equity toward a second property or other long-term plans.
Emergency Financial Cushion
Cover unexpected costs with funds you receive up front.
Large Purchases
Finance major purchases without liquidating investments or savings.
Hear From Homeowners Like You
Frequently Asked Questions
The questions we get asked most about the Home Equity Loan.
The amount depends on your home’s value, your existing mortgage balance, your credit profile, and your available equity. Not all applicants will qualify, and credit line amounts are subject to approval.
No. A home equity loan is separate from your primary mortgage, so you keep your existing first mortgage in place.
Home improvements, debt consolidation, education, major purchases, emergencies, and other financial goals. Eligible properties include single family homes, townhomes, two to four unit properties, and eligible condominiums.
Not exactly. A home equity loan provides a lump sum upfront, while a HELOC is a revolving line of credit you can draw from as needed.
Checking your options online carries no obligation. If you choose to move forward, a full application requires a credit review, and eligibility is subject to approval.
Most homeowners complete the online request in just a few minutes. Review times vary depending on your situation.
No. A home equity loan sits alongside your existing mortgage, so you don’t have to touch your current rate or refinance.
Find out how much equity you could access
Your home’s equity could help you reach your financial goals without refinancing your current mortgage. Get a fast, no-obligation pre-qualification today.
Get Pre-Qualified- Consumer Financial Protection Bureau, home equity loan compared with a HELOC
- Consumer Financial Protection Bureau, mortgages
*Pre-qualification may be available with no obligation; a full application may require a credit review. Eligibility and credit-line amounts are subject to approval and depend on home value, existing liens, credit, and available equity. Not all applicants will qualify. Prepayment penalties may apply on second lien transactions secured by non-owner-occupied property where permitted by law. A home equity loan is secured by your home; failure to repay as agreed could result in the loss of your home. Rates, terms, and program availability are subject to change without notice. Individual experiences shared in testimonials reflect specific customers and are not a guarantee of results or of loan approval. Saxton Mortgage, LLC is an Equal Housing Lender. NMLS #1717191.