Why Choose
a HELOC?
A Home Equity Line of Credit (HELOC) gives you ongoing access to your home equity, functioning like a flexible line of credit. You borrow what you need, when you need it — up to your approved limit — with interest only charged on the amount you use. This makes HELOCs ideal for projects, debt management, and unexpected expenses.
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At Legions United Funding, we're committed to making homeownership a reality. Whether you're buying your first home or refinancing, our team stands united to serve you.
HELOC FAQs
Here are the most common questions about HELOCs, explained simply. If you don’t see your question here, our team at Legions United Funding is ready to guide you every step of the way.
A loan that lets you borrow against your home’s equity as needed.
Depends on your equity and lender, usually up to 70–85% of your home’s value.
For renovations, debt consolidation, education, investments, or other expenses.
HELOC keeps your current mortgage and gives flexible access; cash-out replaces your mortgage with a lump sum.
Typically variable rates, often lower than credit cards or personal loans.
Your home secures the loan, so failure to repay could put it at risk.
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