Quick access to your home equity

No long waiting periods or perfect credit score required. HELOC rates as low as 7.350% APR1.
This will NOT impact your credit score

Check Your Offer

Curious to know how much you could save?

Use our estimation tool to better understand how much you could save by consolidating your debts or making a big purchase.
This will NOT impact your credit score

See Your Rate

Harness the power of Hitch

A HELOC is a flexible credit product that uses your home equity to ensure you low borrowing costs!

Home improvements
Debt consolidation
Major purchases
Unexpected expenses

Hitch HELOC benefits

Low borrowing costs

Secured loans carry lower interest rates than unsecured. Hitch HELOC rates start as low as 7.350% Variable APR1.

Use your equity 2

Borrow up to 90% of your home's value minus your current mortgage balance.

Control your financial future 3

Interest only payments for 10 years, to lower your monthly expenses.

Fast and low upfront fees 4

Fast access to cash, with little to no out-of-pocket expenses.

Easy application process 5

Easy and quick pre-qualification process; apply online in minutes.

Dedicated loan officer

Available to answer any questions you may have.

HELOC Calculator

Your HELOC value could be up to

$
500,000

Not enough equity

You have % of your home's value in equity, which means you could get a HELOC up to our maximum amount of $500,000. Get pre-qualified now to unlock your home equity.

Get pre-qualified

Unfortunately, Hitch is not yet available in your state. You currently have 33% of your home's value in equity, which means you could get a HELOC up to $200,000. Join the waitlist to find out when Hitch HELOCs are available in your area.

Join Waitlist

Unfortunately, you’re currently ineligible for a Hitch HELOC, as your loan balance is either more than the estimated value of your home, or you do not meet our minimum equity requirement of $50,000 to be eligible

Enter your details to find out how much equity could you access.

$
$
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

This calculator is for illustration purposes only, additional terms and conditions may apply.

How we measure up

We’re competitive and proactive in ensuring that our customers receive our best rates and service.

Hitch HELOC
Cash-Out Refinance
Fixed rate
10 year interest only payments
Quick application process
Borrow up to 90%2 of home's value
Ability to redraw
Quick access to funds4
More flexible underwriting
Keep low 1st mortgage interest rate
Flexible prepayment options
The above table is for illustration purposes only, additional terms and conditions may apply.

FAQ

What is a HELOC?
A home equity line of credit, also known as a HELOC, is a line of credit secured by your home that gives you a revolving credit line to use for large expenses or to consolidate higher-interest rate debt on other loans such as credit cards. With a HELOC you’re borrowing against the available equity in your home and the house is used as collateral for the line of credit. As you repay your outstanding balance, the amount of available credit is replenished – much like a credit card.
What is a variable rate?
A typical HELOC has a variable rate, meaning the interest you pay on the balance you owe can rise and fall based on market conditions.
How can I use my HELOC?
A HELOC is much like a credit card – you can use what you need, when you need, and you don’t have to use it right away. The most common uses for a HELOC are improving and upgrading your home, accessing lower interest rates on credit, or consolidate outstanding debts.
How is my equity calculated?
You can calculate the value of your home equity by subtracting the amount you owe on all loans secured by your house from its appraised value. This includes your primary mortgage as well as any home equity loans or unpaid balances on home equity lines of credit. See equity calculator.
How is my home’s value determined?
We as well as our partners use automated valuation models (AVM) to estimate the value of your home. In some cases, an appraisal could be required.
How is the maximum combined loan to value calculated?
To calculate your combined loan to value (CLTV) add your current loan balance as well as your desired Hitch HELOC amount together. Divide this summed balance by your home's appraised value. Multiply by 100 to convert this number to a percentage. Hitch is able to up to 90% of your home's appraised value.
What is a full draw?
A full draw is when the total amount borrowed is fully drawn at the time of closing. So, if you request a $100,000 HELOC, the full balance will be drawn on the closing date.

Harness the power of Hitch, unlock your home equity.