Flexible Funding with a Home Equity Line of Credit (HELOC)
Need fast funding to purchase, renovate, and resell properties for profit? Divine Equity’s fix & flip loans provide financing, quick closings, perfect for house flippers and BRRRR investors.
Flexible Funding with a Home Equity Line of Credit (HELOC)
Need fast funding to purchase, renovate, and resell properties for profit? Divine Equity’s fix & flip loans provide financing, quick closings, perfect for house flippers and BRRRR investors.
HELOC vs. Cash-Out Refinance
| Feature | HELOC | Cash-Out Refi |
|---|---|---|
| Type | Revolving credit line | Lump-sum cash |
| Rates | Variable (6–9%) | Fixed (6–7%) |
| Disbursement | Draw period: 10 years | Immediate full disbursement |
| Best For | Ideal for ongoing projects | Ideal for one-time expenses |
Benefits of a HELOC
✅ Interest-Only Payments – During the 10-year draw period.
✅ Reuse Credit – Pay down and borrow again.
✅ Use for Anything – Renovations, emergencies, investments.
HELOC Requirements
Credit Score: 680+
LTV: Up to 85% (primary homes) / 75% (investment properties)
Income Verification: W-2s, tax returns, or bank statements.
HELOC vs. Cash-Out Refinance
| Feature | HELOC | Cash-Out Refi |
|---|---|---|
| Type | Revolving credit line | Lump-sum cash |
| Rates | Variable (6–9%) | Fixed (6–7%) |
| Disbursement | Draw period: 10 years | Immediate full disbursement |
| Best For | Ideal for ongoing projects | Ideal for one-time expenses |
Benefits of a HELOC
✅ Interest-Only Payments – During the 10-year draw period.
✅ Reuse Credit – Pay down and borrow again.
✅ Use for Anything – Renovations, emergencies, investments.
HELOC Requirements
Credit Score: 680+
LTV: Up to 85% (primary homes) / 75% (investment properties)
Income Verification: W-2s, tax returns, or bank statements.
Frequently Asked Questions
We understand you might have some questions
Can I get a HELOC on a rental property?
Yes up to 75% LTV.
What happens after the draw period?
Repay over 20 years (fixed payments).
Are HELOCs tax-deductible?
Yes, if used for home improvements (consult a tax advisor).
Related Services
Cash-Out Refinance
Tap into your property’s equity for cash while keeping your mortgage.
Rental Property Loans
Long-term mortgages for buying or refinancing income-generating rental units.
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Why 500+ Clients Choose Divine Equity
Fast approvals
Flexible Funding solutions
Expert Guidance
High Approval Rates
Lets get started
1. Consult: Tell us your goals (business, property, or both)
2. Match: We align you with the right services.
3. Execute: Get funded, compliant, and operational.
© 2025 Divine Equity - All Rights Reserved,
© 2025 Divine Equity - All Rights Reserved,