Key features
- Seven-figure and multi-million-dollar HELOC options for qualified scenarios
- Keep an existing first mortgage in place when the HELOC is structured as a second lien
- Compare large-line programs across multiple lender relationships instead of relying on one bank's limit
- Revolving access can fit staged expenses better than taking one lump sum
- Options vary by property value, occupancy, credit, lien position, combined loan-to-value and lender guidelines
Who this is designed for
Designed for high-equity homeowners who need substantial liquidity and want access to large-line options that may not be available through a single retail bank or lender.
Property types and uses
Primary, second-home and eligible investment-property scenarios may be available depending on the lender. Common permitted uses can include renovations, business liquidity, investment capital, property acquisition and debt restructuring.
Common questions
Can a HELOC be more than $1 million?+
Yes. Some lenders offer HELOCs above $1 million for qualified borrowers and properties. CTC Equity has access to large-balance and multi-million-dollar HELOC options. Maximum line size, combined loan-to-value and other requirements vary by lender and scenario.
Why might my bank stop at a lower HELOC amount?+
Every lender sets its own maximum line size, property, credit and combined loan-to-value guidelines. A limit from one bank does not necessarily represent all available HELOC options.
Do I have to refinance my first mortgage?+
Not when the HELOC is structured behind your existing first mortgage. That can be valuable when you want to preserve the first mortgage you already have.
Is a large HELOC always better than a fixed second?+
No. A HELOC offers revolving access while a fixed second provides a lump sum and fixed payment structure. The better fit depends on the borrower, property, available programs and how the funds will be used.
How do I know which lender can handle a large HELOC?+
Large-line guidelines vary substantially by lender. CTC Equity compares the scenario across its lender network rather than limiting the search to one institution's HELOC program.
Related financing
Tell us your scenario
CTC Equity compares your scenario across its lender network. Program availability, pricing, leverage and documentation requirements vary by lender, borrower and property.