Home Equity Line Of Credit (HELOC) & HELOAN*

Unlock Your Home’s Equity Without Sacrificing Your Low First Mortgage Rate

Access $500,000 HELOC – Only Pay When You Use the Funds!

Flexible Nontraditional Options for Real Estate Investors, Self-Employed & Business Owners.

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Loan Purpose*

Amount to Cash-Out*

Are you the homeowner of this property?*

Property Use*

Property Type*

Estimate Property Value*

What is the current balance of your total credit cards?*

What is the outstanding balance of all your car loans?*

Unlock Your Home’s Potential with Our Home Equity Loans!

Unlock Your Home’s Potential with Prime Choice Funding’s Home Equity Loans! Are you in search of the perfect solution to meet your financial needs? Our range of flexible Home Equity Loan options allows you to access your home’s equity without compromising your low first mortgage rate. Whether you’re planning a home renovation, consolidating debts, funding education, or pursuing any financial goal, our competitive loan-to-value options have you covered. Don’t miss out on this opportunity to leverage your home’s equity and secure the funds you need. Begin your journey today, and let your home work for you!

We offer Nontraditional Flexible Loan Options tailored to Real Estate Investors, Self-Employed individuals, and Business Owners.

1-877-787-7463

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HOW IT WORKS

Contact or Get Started Online

Our team of licensed loan officers is prepared to assist you with any inquiries you may have. Applying over the phone can be completed in as little as 10 minutes.

Secure Your Approval

Once you submit your loan application, our team will thoroughly review it, conduct a property appraisal, and complete the underwriting process to ensure your approval.

Secure Your Funds

Once all requirements have been met and we receive clearance to proceed, we will prepare the necessary loan documents. You will then sign the loan documents, and upon completion, your loan will be funded.

Call or Start Online

Get Approved

Meet requirements, sign loan docs, fund

Why Prime Choice?

At Prime Choice Funding, our focus is on meeting the unique requirements and preferences of our customers when it comes to finding the perfect loan option. With a team of highly experienced Loan Officers and dedicated Operations professionals, we are committed to assisting homeowners in realizing their financing goals. Our mission is to deliver exceptional service and empower homeowners to achieve their financial aspirations.

Your Home Equity Journey Starts Here – Our Team is Ready to Assist!

1-877-787-7463

What Our Clients Are Saying

Communication and transparency are cornerstones of how we get home loans done for you, our client. People turn to Prime Choice for a quick, hassle-free mortgage experience.

Serving Homeowners Since 2007_Google_4.8_350

Thank you so much for helping me and my fiancé refinance my home to get a better rate and working with my loan. Thanks to Frank Ortiz for all your help and guidance. And special thanks to David Arnold for your patience and professionalism.

Marisol F

Scott and Angelina were helpful and kept us informed throughout the entire process. Thank you!

Cody S

Markus and Adrianna were fantastic to work with. The process was smooth, hassle free and transparent. I absolutely recommend.

Doug B

They provided excellent service and were efficient and timely. We closed on time with no issues.

Richard L

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Let’s get started, shall we?

Reach out to us today and discover the immediate support we offer. Our team of licensed loan officers is standing by, fully prepared to assist you with your unique financing needs. There’s no need to prolong the wait any longer. Take action now and secure the financing you require for your goals!

1-877-787-7463

Apply Now

Frequently Asked Questions

What is a Home Equity Loan?How does a home equity loan benefit homeowners with a low first mortgage rate?How is Home Equity calculated?What can I use a Home Equity Loan for?How much can I borrow with a Home Equity Loan?What’s the difference between a Home Equity Loan and a Home Equity Line of Credit (HELOC)?What are the advantages of a Home Equity Loan?

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A Home Equity Loan is a type of loan that allows homeowners to borrow against the equity they have built up in their property over time. It provides a lump sum of money that is repaid over a fixed term, typically at a fixed interest rate.

Homeowners with a low first mortgage rate can utilize a home equity loan to access extra funds while preserving their favorable initial interest rate. The home equity loan works as a separate second mortgage, allowing them to tap into their home’s equity without affecting the terms of their existing low-interest first mortgage.

Home Equity is calculated by subtracting the outstanding mortgage balance from the current market value of the property. For example, if your home is valued at $300,000, and you have an outstanding mortgage of $150,000, your home equity would be $150,000 ($300,000 – $150,000).

Homeowners can use a Home Equity Loan for various purposes, such as home improvements, debt consolidation, funding education expenses, covering medical bills, or even starting a business. It provides flexibility in using the funds based on your financial needs.

The amount you can borrow with a Home Equity Loan depends on the lender’s policies and your home’s equity. Typically, lenders allow borrowers to access up to 80-90% of their home’s appraised value, minus any outstanding mortgage balances.

While both allow you to borrow against your home’s equity, a Home Equity Loan provides a lump sum upfront, and you repay it over time with fixed monthly payments. On the other hand, a HELOC works more like a credit card, allowing you to draw funds as needed up to a set credit limit during a specified draw period, and you only pay interest on the amount you’ve withdrawn.

Home Equity Loans often come with lower interest rates compared to other forms of credit, making them a cost-effective option for borrowing larger amounts. Additionally, the interest paid on Home Equity Loans is often tax-deductible, providing potential tax benefits for some borrowers.

* This is not a commitment to lend. Approval depends on credit review, underwriting guidelines, property evaluation, and the lender’s final decision. Not all applicants will qualify. Estimated approval time of 5-7 days assumes ideal conditions and may vary. Applicants must meet criteria, including a minimum FICO score of 640, employment verification, and property evaluation.
Home Equity Loan and Line of Credit options are available for owner-occupied properties up to 90% of the home’s Combined Loan-to-Value (CLTV). Second homes and investment properties are eligible with lower Loan-to-Value (LTV) and CLTV limits. Maximum loan amount is $500,000.
Rates and terms vary based on qualifications, loan amount, and property type. Additional fees may apply. Not available in all states; restrictions may apply. Final approval requires a property appraisal.

Terms and Conditions for Prime Choice Funding $20 Savings Plan Incentive Offer valid for submissions received on or after 12/03/2024.

To qualify for the $20 incentive, participants must complete the form and upload a valid mortgage statement. Limit one incentive per household. The $20 incentive will be delivered via mail within 30 days of eligibility verification. This offer is void where prohibited by law. Prime Choice Funding, Inc. (NMLS #117375) reserves the right to modify or cancel this offer at any time. For licensing information, visit www.nmlsconsumeraccess.org.

Participation in this offer does not obligate you to refinance or apply for any loan product with Prime Choice Funding. Submissions with incomplete or invalid information, including mortgage statements, may be disqualified. A licensed mortgage advisor will contact you to review your personalized savings analysis and discuss potential refinancing or other solutions. Results of the savings analysis may vary. Prime Choice Funding is an Equal Housing Lender/Opportunity.

We protect your privacy. By submitting the form above, you grant Prime Choice Funding permission to contact you via phone, email, text, and other means. You may opt out of receiving communications at any time by contacting us at offers@primechoicefunding.com or following the instructions provided in our communications. Submitting your mortgage statement and receiving your savings analysis is risk-free and does not affect your credit score.
Questions? Please reach out to us at offers@primechoicefunding.com or call 877-787-7463.

This offer is not valid if you move outside of our marketing area. This offer is void where prohibited by law. This offer is made by Prime Choice Funding, Inc NMLS #117375. 1100 Town and Country Rd, Suite 1250, Office 1206, Orange, CA 92868, who is not acting on behalf of or at the direction of your current legislator, or of the federal government, and this offer is not being made by an agency of the government. Prime Choice Funding is an equal housing lender/broker. This is not a government form. Not all applicants will qualify. (www.nmlsconsumeraccess.org) a Licensed Mortgage Company. For licensing information please visit www.nmlsconsumeraccess.org. AL Lic#22408 I AZ Lic#0940991 I Arkansas Lic#117267 | CA DFPI Lic#603F471 Loans made or arranged pursuant to the California Financing Law I CA DRE California Bureau of Real Estate – Real Estate Broker, Lic#01806911 I CO Lic#117375 Regulated by the Division of Real Estate I DC Lic#MLB117375 I DE Lic#025874 I FL Lic#MLD1505 I GA Lic#48008 Georgia Residential Mortgage Licensee I ID Lic#MBL-9234 I IN Lic#38334 I KY Lic#MC410331 I LA Lic#117375 I MA Lic#MC117375 I MD Lic#21456 I MI Lic#FL0020964 I NC Lic#L-174934 I NH Lic#21548-MB I NJ Lic#NJ-C-01020 I NM Lic#117375 | NV Lic#5024 I OH Lic#RM.804338.000 I OR Lic#ML-4926 I PA Lic#105337 I SC Lic#MLS-117375 I TN Lic#135287 I TX SML NMLS#117375 I VA Lic#MC-5862. If you do not wish to receive any future offers from Prime Choice Funding, you can opt out toll free at 877-787-7463.

Texas Residents: If the new loan is subject to Section 50(s)(6) and the new loan to value exceeds 80%, you will not be eligible for this refinance. Additional restrictions may apply.

Figure: 7 TAC §80.200(b)

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENTS WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILLED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENTS WEBSITE AT WWW.SMLTEXAS.GOV

$1,000 Loan Offer Guarantee: Terms and conditions apply. Visit our webpage for full details. By submitting the form above, you grant Prime Choice permission to contact you via phone, email, text, and other means. If you have any questions or concerns, please call 877-787-7463 or send an email to info@primechoicefunding.com. Privacy Policy | Terms of Use | SMS Terms | Licensing | Prime Choice Funding, Inc. | 1100 Town and Country Rd Suite 1250, Office 1206, Orange, CA 92868 | NMLS ID: 117375, NMLS Consumer Access | Equal Housing Lender | Arizona Mortgage Banker License #940991 | Texas State Compliance.

This is not a commitment to make a loan. All approvals are subject to creditworthiness, underwriting guidelines, satisfactory title and appraisal on your home. Minimum and maximum loan amounts do apply. The final decision is subject to the lender’s approval and may be based on additional information or documentation that is required during the underwriting process. Not all applicants will qualify. Prime Choice Funding, Inc. is not affiliated with or acting on behalf of or at the direction of FHA, VA or the Federal Government.