A Home Equity Line of Credit or Home Equity Loan lets you borrow against what you’ve already built —
without refinancing your existing first mortgage.
HELOCs and HELOANs are ideal for homeowners who want access to their equity but don’t want to
disturb a well-structured first mortgage. If you have ongoing or uncertain expenses — renovations,
business investment, education — a HELOC’s revolving credit line offers flexibility. If you need a single
sum for a defined purpose, a HELOAN delivers a fixed lump sum with predictable repayment.
- Combined loan-to-value (CLTV) ratio requirements vary by lender — typically 80–90% CLTV maximum
- Primary residence, second home, or investment property may be eligible (terms vary)
- Credit score requirements vary by lender and product type
- Existing first mortgage must generally be in good standing
- Sufficient verifiable income to support combined debt obligations
- Property appraisal typically required to establish current market value
Fill out the form below and a West Capital Lending advisor will reach out within one business day to
discuss your options — no commitment required.