Home Equity
Tap into the Equity You've Built in Your Home
Dream Big with a Home Equity Loan
Cash for large purchases
Debt consolidation
Cash out up to 90% loan-to-value
Affordable monthly payments
Won't affect a low 1st mortgage rate
Fixed terms
Get up to $250,000 cash
Use the Equity in Your Home to Fuel Your Life
Free up Finances
Get your budget on track and access cash when you need it.
Home Improvements
Get cash to complete that remodeling project you've been dreaming about.
Consolidate Debt
Consolidate your high-interest balances into one fixed payment.
Education
Pay for your child's college, get yourself a second degree, or study to change careers.
Second Home
Invest in a vacation property or generate rental income.
Medical Expenses
Relieve the stress of unexpected medical bills.
What Our Customers Are Saying *
Home Equity Loan
John A.
Vermont
"Great customer service, fast and dependable. Very friendly. Very professional!"
Home Equity Loan
John B.
Pennsylvania
"I have never had an easier borrowing experience in my life. Thanks loanDepot!"
Frequently Asked Questions
Get started online or call 888.983.3240 to talk to a licensed lending officer
Top Articles
Get up to $250,000 cash with a loanDepot Home Equity Loan
You've built the equity in your home. Now, make the most of it.
The loanDepot Home Equity Loan is a fixed-rate second mortgage that gives you access to up to 90% loan to value of the equity you’ve built in your home. So if your equity is $100,000, you can borrow up to $90,000. It’s money you can use for just about any purpose.
Borrowing against your equity also allows you to access just the amount you need, without refinancing or affecting your current low-interest first mortgage.
Even better, we can often close a Home Equity Loan in just days, not weeks, helping you get the money you need when you need it. Loans are available from $25,000 up to $250,000. So take a few minutes now to find out how much you’re eligible to receive.
A loanDepot Home Equity Loan could be your right choice to:
- Consolidate high-interest credit card debt – at a lower interest rate
- Buy a second home – with as little as 5% down
- Make improvements – to increase the value of your home
- Pay for college – so your children get the education they deserve
- Get the cash you need for a large purchase - it’s really up to you
Quick Facts about a loanDepot Home Equity Loan:
- Loans from $25,000-$250,000
- Cash out-up to 90% loan to value
- Affordable monthly payments
- Fixed terms up to 15 years
- Fast closing-in just days, not weeks
- Won’t affect your low 1st mortgage rate
More information about loanDepot Equity Loans…
It’s easy. Just complete a few short questions and we’ll get back to you right away with answers to any questions and more information about getting the money you need.