Get the cash you need.
Apply from your couch.
Apply 100% online and quickly tap into your equity
Up to $500,000 Home Equity Line of Credit1
Available for primary, second, and investment homes
Close in as little as 3 days2
Won’t affect your credit score
Best Mortgage Lenders
of 2023
Best Mortgage Lender for
Affordability 2023
Best for All-in-One
Online Homebuying
$100B+
Home loans funded online
400,000+
Customers proudly served
1 $50,000-$500,000 loan amount at up to 90% of your property’s value. Maximum LTV dependent on borrower eligibility.
2 Assumes borrowers are eligible for AVM to calculate their home value, their loan amount is less than $400,000, and all required documents are uploaded to their Better Mortgage online account within 24 hours of application. Closing timelines may vary.
Better Mortgage's HELOC product is available in all states other than NM, TN, TX, and UT.
Please note that you are required to draw at least $50,000 or 75% of your credit limit, whichever is greater, at the time of funding (ex. if your credit limit is $200,000, you must draw $150,000 or more at funding). If you would like to draw less at funding, you may lower your credit limit.
Better Mortgage's HELOC product requires that you pledge your home as collateral, and you could lose your home if you fail to repay your loan.
HELOC
Get the cash you need.
Apply from your couch.
Apply 100% online to quickly and easily tap up to 90% of your property’s value¹ without affecting your mortgage rate.
A $50,000-$500,000 Home Equity Line of Credit
Available for primary, second, and investment homes
Close in as little as 3 days²
Won’t affect your credit score
$100B
Home loans funded entirely online
400k
Customers who got a Better Mortgage
3 mins
Apply online in as little as 3 mins
Home values are up. Put that equity to work.
In 2022, US homeowners saw their home equity increase $60,200 per borrower, on average.³ Now they can quickly tap into that equity to tackle renovations, pay off high-interest debt,⁴ or keep as an emergency fund.
Get the most out of your home equity
Access up to 90% of your property’s value
You can get up to a $500,000 line of credit while accessing up to 90% of your home equity. Don't worry, you don't have to use all it once. And you’ll only pay interest on what you withdraw, not the entire line of credit.
With the Better Home Card
Furniture
Rugs
Appliances
Renovations
More
Available for different properties
Tap vacation homes and investment properties
Many HELOCs are only available on primary residences. Our new digital HELOC lets you tap into the equity of second homes, as well as investment properties.
No unnecessary fees
Pay interest only on what you withdraw
With a HELOC, you’ll pay interest on the amount you withdraw, not the entire loan amount. Plus, Better Mortgage charges zero unnecessary fees.
With the Better Home Card
Furniture
Rugs
Appliances
Renovations
More
What makes us Better
Homeownership, all under one roof
We’re making every step of the homeownership process faster, easier, and more affordable.
Better Real Estate
Expert agents to help you list your current home or find a new one.
Better Settlement Services
We’re making title insurance faster, easier, and just plain Better.
Better Cover
We’ll shop 20+ insurance carriers to find you the best policy on home, auto or life insurance.
Apply in minutes.
Won’t affect your credit score.
¹ Maximum LTV dependent on borrower eligibility.
²Assumes borrowers are eligible for AVM to calculate their home value, their loan amount is less than $400,000, and all required documents are uploaded to their Better Mortgage online account within 24 hours of application. Closing timelines may vary.
⁴Better Mortgage's HELOC product requires that you pledge your home as collateral, and you could lose your home if you fail to repay your loan.
Better Mortgage's HELOC product is available in all states other than NM, TN, TX, and UT.
Please note that you are required to draw at least $50,000 or 75% of your credit limit, whichever is greater, at the time of funding (ex. if your credit limit is $200,000, you must draw $150,000 or more at funding). If you would like to draw less at funding, you may lower your credit limit.