A Home Equity Line of Credit (HELOC) is a type of loan that allows homeowners to borrow money against the equity in their home. Equity is the difference between the current value of your home and the amount of money you owe on your mortgage.

HELOCs offer several benefits to homeowners. First, they provide access to a flexible source of funding that can be used for a variety of purposes, such as home improvements, debt consolidation, or unexpected expenses. Second, the interest rates on HELOCs are typically lower than other types of loans, such as credit cards or personal loans. Finally, the interest paid on a HELOC may be tax-deductible, which can provide additional savings for homeowners.

At LISA HOME MORTGAGE™, we offer a standalone Home Equity Line of Credit that is available in a 1st or 2nd lien position. Our HELOC program is designed to make the borrowing process fast, easy, and convenient. Clients can complete the entire application process online, saving them time and hassle.

One of the standout features of our program is that the full draw is taken at closing, with no prepayment penalties applied. This means clients can access their entire line of credit right away, without worrying about any fees for paying it off early.

We also offer the flexibility for clients to take re-draws in minimum increments of $500, up to the full line amount. This allows them to borrow only what they need, when they need it, without having to reapply for a new loan.

Additionally, our HELOC program does not require an in-person appraisal, saving clients time and money. We use an automated valuation model (AVM) to determine the value of the home, which streamlines the process and eliminates the need for an appraiser to visit the property.

Overall, our HELOC program provides clients with a convenient and flexible way to access the equity in their home, while also offering competitive rates and no prepayment penalties.


Disclaimer:  Mortgage options are funded by 3rd party Lenders, and all underwriting requirements are based on 3rd party Lenders and Investors.  Guidelines and mortgage options requirements and are subject to change.  This is not a promise or commitment for a mortgage loan. Mortgage loan options may not be available in all States. For full licensing information, go to:  www.nmlsconsumeraccess.org.    

Contact Us

11880 Bustleton Avenue, Suite 204,
Philadelphia, PA 19116

Toll-Free: +1 833-835-6267
Fax: (215) 330-4930
Email: info@lisahomemortgage.com


MON-FRI: 9:00 am - 5:00 pm EST
SAT: Closed
SUN: Closed


LISA HOME MORTGAGE™ , LLC. NMLS 1758932. Full licensing information, go to: NMLSConsumerAccess.org. Equal Housing Opportunity. This Licensee is performing acts for which a Mortgage Broker license is required. LISA HOME MORTGAGE™ , LLC, DBA LISA HOME MORTGAGE™ . The content in this advertisement is for informational purposes only. This is not a promise for a mortgage. This is not an offer for an extension of credit or a commitment to lend. Loan Approval is not guaranteed and is subject to lender review of information. All loans are subject to underwriting guidelines and guidelines are subject to change without notice. All loan options are funded through 3rd party Lenders. Loan descriptions are based on associated Lenders, Investors, and underwriting requirements. Loan is only Approved when the lender has issued an approval in writing. Specified rates are subject to change without notice due to market conditions. LISA HOME MORTGAGE™ is approved to broker FHA and VA loans to approved lenders. LISA HOME MORTGAGE™ is not affiliated with any government agency. Loan programs may not be available in all States. Licensed by the Pennsylvania Department of Banking - License 71074; Delaware Broker - License 03114; California Department of Financial Protection and Innovation Financing Law - License 60DBO-124075; Colorado Division of Real Estate Mortgage Company Registration; Alabama State Banking Department Mortgage Brokers - License 23071; Louisiana Residential Mortgage Lending License Office of Financial Institutions – License 1758932; Texas Department of Savings and Mortgage Lending Mortgage Company - License 1758932.