Home improvements
HELOC for home improvements and renovations
Renovation costs rarely arrive all at once. A HELOC may let you draw funds as contractors invoice—keeping flexibility during a kitchen remodel, bath upgrade, ADU build, or whole-home refresh. Compare home equity options for primary residences, second homes, and investment properties with guidance from licensed financing specialists and lending partners.
- Draw as projects progress
- Primary residence and second-home paths
- Preserve a low first rate when a second lien fits
Licensed guidance · ~60 seconds · No obligation.
Programs may be available, subject to approval. Licensed lending partner guidance available—this page is educational, not financial advice or a commitment to lend.
Investor financing with real human guidance
Financing specialist review · Multiple financing paths · ~60 seconds
Licensed guidance · ~60 seconds · No obligation.
Programs may be available for qualifying rental properties, subject to approval. Not a commitment to lend. Terms and eligibility vary. State availability varies.
Why homeowners use HELOCs for projects
Unlike a single lump-sum home equity loan, a HELOC matches phased renovation spending—you pay interest on what you draw during the draw period, subject to program terms.
Project scope, contractor schedules, and permit timelines vary. Revolving access may reduce the need to over-borrow upfront or run up high-rate cards between draws.
Renovation profiles that may fit
- Homeowners mid-project needing staged funding
- Owners planning multi-room or multi-phase upgrades
- Borrowers with equity supporting a second-lien line
- Homeowners comparing HELOC vs. cash-out for a large remodel
Popular improvement uses
Kitchen and bath remodels
Draw at demo, rough-in, and finish milestones.
ADU or addition
Fund long-horizon builds with revolving capacity—subject to approval.
Roof, HVAC, and systems
Cover major replacements without a full refinance.
Curb appeal and outdoor
Landscaping, deck, or pool projects phased over seasons.
Investor financing with real human guidance
Financing specialist review · Multiple financing paths · ~60 seconds
Licensed guidance · ~60 seconds · No obligation.
Programs may be available for qualifying rental properties, subject to approval. Not a commitment to lend. Terms and eligibility vary. State availability varies.
Explore renovation financing
- 1
Tell Us About Your Property
Share your rental address in about 60 seconds.
- 2
Tell Us How Much You'd Like To Access
Pick the equity range that fits your goals.
- 3
Review Your Options
See paths that may fit—subject to approval and review.
- 4
Talk With A Financing Specialist
Get personalized guidance on your next move.
Frequently asked questions
Clear answers about HELOC and home equity options—primary residences, rentals, and second homes.
Can I use a HELOC for any home improvement?
Use of funds must align with program guidelines and disclosed purpose. Most owner-occupied HELOCs allow property-related improvements—confirm with your specialist during review.
Can I get a HELOC on a primary residence?
Homeowners with sufficient equity in a primary residence may qualify for owner-occupied HELOC programs, subject to approval, combined loan-to-value limits, credit, income documentation, and lender guidelines. Occupancy is verified during underwriting.
How much equity do I need for a HELOC?
Combined loan-to-value (CLTV) limits vary by occupancy, property type, credit, and program. Many files require meaningful equity after existing liens—often leaving 10–20% or more equity in the property, but limits are lender-specific and subject to approval.
Do I need contractor quotes before applying?
Quotes help you plan draw timing but are not always required to start an educational review. Full underwriting may request project details—subject to approval.
Investor financing with real human guidance
Financing specialist review · Multiple financing paths · ~60 seconds
Licensed guidance · ~60 seconds · No obligation.
Programs may be available for qualifying rental properties, subject to approval. Not a commitment to lend. Terms and eligibility vary. State availability varies.
Programs may be available for qualifying properties, subject to approval, property eligibility, and lender guidelines. Not a commitment to lend.