Unlock Your Home Equity
Access available equity without replacing your existing first mortgage. A HELOC may give qualified homeowners flexible financing for home improvements, debt consolidation, major expenses and more.
No obligation to inquire. Approval is subject to credit, income, property valuation, underwriting and program requirements.
See What You May Qualify For
Tell us a little about your property and financing goals. An Axel Funding mortgage professional can review your options.
Put Your Equity to Work
A HELOC can provide access to funds while leaving your existing first mortgage in place.
Finance renovations, repairs or upgrades to your home.
Use available equity to consolidate qualifying higher-cost obligations.
Access funds for significant planned expenses or financial needs.
How It Works
Start with a quick inquiry. We'll help determine which available HELOC option may fit your situation.
Tell Us About Your Home
Share your estimated value, current mortgage balance and desired line amount.
Review Your Options
We review your information against available wholesale HELOC guidelines.
Complete Your Application
If an option fits, we'll guide you through the full application and underwriting process.
HELOC Highlights
Selected program features available to qualified borrowers, subject to applicable guidelines.
Maximum line amount on eligible program options. Minimum line amounts and initial-draw requirements apply.
Maximum combined loan-to-value is subject to borrower, property and program eligibility.
Available 20- and 30-year options feature interest-only payments during the first 10 years, followed by amortization.
Eligible program options offer a 3- or 5-year draw period.
Primary residences, second homes and investment properties may be eligible, subject to property restrictions.
The HELOC is placed in second-lien position, so your existing first mortgage can remain in place.
Frequently Asked Questions
What is a HELOC?
A home equity line of credit is financing secured by your home that allows eligible borrowers to access a line based in part on available home equity, credit and underwriting requirements.
Do I have to refinance my current mortgage?
No. This HELOC is designed as a second lien, so an eligible borrower can keep an existing first mortgage in place.
How much can I borrow?
Eligible program options offer lines up to $750,000. Your actual amount depends on property value, existing liens, credit, income, underwriting and other program requirements.
Can I take another draw right after closing?
The program requires a minimum initial draw at closing and has a 90-day lockout period before subsequent draws. Additional draw procedures and availability are subject to servicing and program requirements.
Is this an approval or loan application?
No. This page is an inquiry and pre-screening form. It is not a commitment to lend or an approval. A complete application and underwriting review are required.
Axel Real Estate and Home Loans Inc. | NMLS #1672710 | California State License #02007515 | Equal Housing Opportunity. *Program highlights shown are not available to every borrower and are subject to change without notice. Maximum line amount, CLTV/HCLTV, term, draw period and interest-only features depend on eligibility and program guidelines. Minimum line and initial draw requirements apply. HELOCs are variable-rate credit products unless otherwise specified in final loan documents. This is not a commitment to lend. All loans are subject to credit approval, acceptable income documentation, property valuation, title, underwriting and applicable state and federal requirements.