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Home values are up. Put that equity to work

Since 2022, US homeowners gained an average of $88,200 in home equity and can now quickly access it for renovations, debt, or emergencies.

  • Borrow more

    Up to

    $400K

    Borrow more

    You can get up to a $400,000 line of credit. You don't have to use it all at once and you'll only pay interest on what you withdraw.

  • Better terms

    Up to

    30 yrs

    Better terms

    Enjoy greater borrowing flexibility with terms up to 30 years. Choose the term that best matches your financial need.

  • Lower rates

    APR starting at

    7.60%

    Lower rates

    HELOC's offer some of the most competitive interest rates of any personal finance product helping you save thousands of dollars in interest.

How to get started?

  • 1
    Tell us what you need
    Enter your loan request information.
  • 2
    Share some details
    Build a basic profile and sit back.
  • 3
    Let us find your match
    Our matching algorithm takes it from here.
  • 4
    That's it. Compare and get funded
    Receive your funds as soon as the next day.

Personalized loan offers

For all financial situations regardless of credit score or income

Get loan offers

Save thousands with a single fixed-rate payment

Starting at

5.99%

Loan terms that can flex with all of life's demands

Terms up to

7 Years

Get the funds you need, when you need them

Borrow up to

$100,000

Learn more about Pennie

Answers to common questions

  • A home equity line of credit, or HELOC, is a revolving line of credit. Instead of receiving a one-time loan amount as you do with a traditional loan, a HELOC gives you a borrowing limit (or credit limit). As you repay the balance, you can withdraw money from the credit line as you would with a credit card when you need it.

  • Our platform lends to individuals whose subject properties are held solely or jointly with others, or by revocable trusts. In order to obtain a HELOC, your name must appear in the county records as the owner of the property.

  • Our platform offers HELOCs on both primary and secondary residences. These include, but are not limited to, single-family residences, townhouses, planned urban developments (PUDs), most condos, and most duplexes.

  • HELOCs establish a credit line based on the equity value of your property. Once established, you can draw directly from the revolving line according to the specific HELOC's terms.