ARV HELOC

ARV HELOCs can help bring your house up to date and make it your perfect home.

After Renovation Value - Home Equity Line of Credit

Get a line of credit in order to complete renovations based of the equity that the renovations will create. Traditional HELOCs don’t account for the equity that will be created from renovations. An ARV HELOC solves the issue of not having enough equity to pull from, and understands that the reason you are taking the line of credit will generate equity.

No Equity. No Problem

Lots of people don’t have enough equity for traditional HELOCs right after they buy a home. Lots of homes on the market need updates before they are the perfect home for the buyer. ARV HELOCS can help make more homes the right home. The process is simple and will allow you to plan and make improvements without wondering how to pay for the renovations. You don’t have to draw on your line of credit right away, or rush to make improvements in the escrow period of your home purchase.

PERFECT FOR BUILDING AN ADU!

Specifics

Loan amounts from $50k-$500k.

Min FICO of 640

Borrow up to 90% of the After Renovation Value

Interest only payment of 10 years, followed by 20 years of amortizing payments.