Tap into your home equity the smart way.
Home equity is the part of your home you actually own. A HELOC, home equity loan, or cash-out refinance can turn that equity into accessible funds — but each option works differently.
Three ways to use equity
HELOC
A revolving line of credit secured by your home. Draw funds as needed during the draw period, often 10 years.
Home equity loan
A fixed lump-sum loan with a set rate and term. Predictable payments, but less flexibility than a HELOC.
Cash-out refinance
Replace your existing mortgage with a larger loan and receive the difference in cash. Best when current rates are favorable.
When does a HELOC or equity loan make sense?
- You have a specific, high-return purpose like home renovations or debt consolidation.
- You have at least 20% equity left after borrowing.
- You can handle variable payments if you choose a HELOC.
- You understand that your home secures the debt — missed payments can lead to foreclosure.
Understand the risk
Because your home is collateral, equity borrowing is safest for needs that improve your financial position. Avoid using long-term home debt for short-term spending.
How Ark Beacon helps
Tell Ark Beacon how much equity you want to access, your home's estimated value, and your current mortgage balance. We can qualify your file and route it to the lending partners in our network who offer HELOC, home equity loan, or cash-out products suited to your situation.
Read our full HELOCs Explained guide for more detail.
Find the right equity option
Start a 60-second conversation and get matched with lending partners in our network.
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