GET STARTED ON YOUR HOME BUYING JOURNEY

^{CMG Mortgage, Inc. dba CMG Home Loans dba CMG Financial, NMLS ID# 1820 (www.nmlsconsumeraccess.org), is an equal housing lender. Licensed by the Department of Financial Protection and Innovation (DFPI) under the California Residential Mortgage Lending Act No. 4150025.; AZ #0903132; Colorado regulated by the Division of Real Estate; Georgia Residential Mortgage Licensee #15438; Mortgage Servicer License No. MS068. Hawaii Mortgage Loan Originator Company License No. HI-1820. Massachusetts Mortgage Lender License #MC1820 and Mortgage Broker License #MC1820; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services; Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850204.000; Rhode Island Licensed Lender #20142986LL; Registered Mortgage Banker with the Texas Department of Savings and Mortgage Lending, and Licensed by the Virginia State Corporation Commission #MC-5521. CMG Mortgage, Inc. is licensed in all 50 states and the District of Columbia. www.cmgfi.com/corporate/licensing}

Most Homeowners Use a HELOC for One of Four Things

Home Equity In 5 Days^*

Get fast access to the equity in your home.

*This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.  

Five business day funding timeline assumes closing the loan with our remote online notary, and where loan amounts are under $400,000 which would not require an appraisal. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing, or that require a waiting period prior to closing, or where loan amounts exceed $400,000. 

To check the rates and terms you qualify for, we will conduct a soft credit pull that will not affect your credit score. However, if you continue and submit an application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.

CMG HOME LOANS 3160 CROW CANYON ROAD SUITE 400, SAN RAMON, CA 94853 NMLS# 1820

See What Your Equity Can Do 

best home equity line of credit loan uses

Whether you need to access funds for an unexpected expense or want to avoid dipping into savings or using a high-interest credit card, our fast financing solution can turn your home equity into cash in as little as 5 days. 

Use our calculator to see your rate and terms on a HELOC - without a hard credit pull.

the 5-day heloc* 

¹CoreLogic, Homeowner Equity Insights - Q1 2023, 7/8/23

Your HELOC interest rate will depend on several factors. Contact us to learn more and get started.

Your HELOC interest rate will depend on several factors. Contact us by phone or online to learn more and get started.

(Home Equity Line of Credit)

1. You're approved for a credit line based on your home's equity: typically up to 85% of your home's value, minus what you owe on your mortgage.
2. You access what you need, when you need it during the draw period (usually 10 years). Only pay interest on what you've actually used.
3. You pay it back over time on flexible terms. Pay it down, draw again — it's revolving like a credit card, but at home equity loan rates.

how a heloc works

built by mortgage people, for homeowners

And, since a HELOC is a separate loan, you don't have to refinance and give up your current low mortgage rate. 

GETTING YOUR best home equity line of credit RATE

A  HELOC and a home equity loan both let you borrow against your equity. The difference is how the money comes out. 

• HELOC. Like a credit card backed by your home. Variable rate, draw funds as needed, pay interest only on what you use. 
• Home equity loan. One lump sum, fixed rate, fixed monthly payment. Best when you know exactly how much you need. 

Your loan officer can help you decide what fits your situation best. Contact us now to get started.

heloc or home equity loan? 

• Fast answers. Pre-qualification in about two minutes. No impact to your credit to check. 
  
• Transparent pricing. Rates and terms explained up front.
  
• Customer-first approach. Talk to a real loan officer — someone who listens to understand your needs.

FREQUENTLY ASKED QUESTIONS

FREQUENTLY ASKED QUESTIONS

How much can I borrow? Typically up to 85% of your home's value, minus your current mortgage balance. Your loan officer will calculate your exact line during pre-qualification.

Will checking my rate hurt my credit? No. Pre-qualification uses a soft credit pull, which doesn't affect your score. A hard pull only happens if you formally apply.

How long does it take to close? CMG Home Loans has HELOC options that can close in as few as 5 days*.

Is the rate fixed or variable? HELOC rates are typically variable but CMG offers both fixed and variable rates.

What credit score do I need? Generally 640 or above, though stronger credit unlocks better rates. Income, equity, and debt-to-income also factor in. 

Can I use it for anything? Most homeowners use HELOCs for renovations, debt consolidation, or major expenses. 

Your Home Equity is Sitting Idle. 

Put it to Work.

A HELOC from CMG Home Loans gives you flexible access to the equity you've built.

About 5 minutes • Soft credit pull

Home Equity Line of Credit

Most Homeowners Use a HELOC for One of Four Things

1. You're approved for a credit line based on your home's equity: typically up to 85% of your home's value, minus what you owe on your mortgage.
2. You access what you need, when you need it during the draw period (usually 10 years). Only pay interest on what you've actually used.
3. You pay it back over time on flexible terms. Pay it down, draw again — it's revolving like a credit card, but at home equity loan rates.

how a heloc works

• A  HELOC and a home equity loan both let you borrow against your equity. The difference is how the money comes out. 
• HELOC. Like a credit card backed by your home. Variable rate, draw funds as needed, pay interest only on what you use. 
• Home equity loan. One lump sum, fixed rate, fixed monthly payment. Best when you know exactly how much you need. 

Your loan officer will help you decide what fits your situation. Contact us now to get started.

heloc or home equity loan?

built for homeowners

FREQUENTLY ASKED QUESTIONS

FREQUENTLY ASKED QUESTIONS

How much can I borrow? Typically up to 85% of your home's value, minus your current mortgage balance. Your loan officer will calculate your exact line during pre-qualification.

Will checking my rate hurt my credit? No. Pre-qualification uses a soft credit pull, which doesn't affect your score. A hard pull only happens if you formally apply.

How long does it take to close? CMG Home Loans has HELOC options that can close in as few as 5 days*.

Is the rate fixed or variable? HELOC rates are typically variable but CMG offers both fixed and variable rates.

See What Your Equity Can Do 

You've worked hard to build the equity in your home. Make the most of it with a fast and flexible Home Equity Line of Credit. 

Click below to connect with us online or call 888-404-4828 to speak with a licensed mortgage professional. 

• Fast answers. Pre-qualification in about two minutes. No impact to your credit to check. 
  
• Transparent pricing. Rates and terms explained up front.
  
• Customer-first approach. Talk to a real loan officer — someone who listens to understand your needs.