Financing Options

Financial Flexibility

• Increases buying power compared to a closed-ended loan.
• Funds can be used for various needs, including home improvements and additional items (e.g., furniture for around the pool).
• No need for additional loans or credit pulls for further home projects

Versatility and Eligibility

• Many homeowners with equity will be approved across a prime and near prime credit spectrum.
• Applicable to second homes and investment properties.
• Possible tax deductions for interest paid.
• No need for a traditional appraisal up to $400,000.00

Interest Rates & Payments

• Variable interest rates with fixed available.
• Rates start below prime
• 30-year repayment period with interest-only payments options available during the 10-year draw period.

**Ask your sales rep for a personalized link for the LOANSTAR HELOC application.