HELOC: access your home equity without touching your first mortgage

Not necessarily. Some HELOC and fixed second programs have no ownership seasoning requirement, so you may qualify even if you bought the home yesterday. Eligibility depends on the lender, available equity, credit, title, and other program requirements.

Yes. A HELOC sits behind your first mortgage as a second lien, so your first mortgage rate and balance stay exactly the same.

Not always. CTC Equity can often provide up to $400,000 with no appraisal required, which is faster and lower cost. Larger amounts may require a valuation.

We place HELOCs up to $4 million — a size rarely available elsewhere — subject to equity, credit, and lender guidelines.

Generally enough to keep your combined loan-to-value around 80–90%. The exact maximum depends on the lender and your credit profile.

Often yes. Many borrowers use a HELOC for a business need, an investment, or a down payment on another property, depending on structure and property type.

A HELOC suits ongoing or flexible needs; a fixed second suits a one-time lump sum at a fixed payment. We help you choose based on how you'll use the funds.

No-appraisal lines move quickly — often in a couple of weeks. Timing depends on the lender and your documentation.