Utah & Idaho · Home Equity
Turn your home’s equity into cash — without selling.
A home equity line of credit lets you borrow against what you’ve already paid off. I can get one funded in as little as 5 days.
Licensed in Utah and Idaho ยท NMLS #2852905
What a HELOC actually is
A home equity line of credit (HELOC) is a revolving credit line secured by your home, similar in spirit to a credit card but backed by your equity and priced far lower. You’re approved for a limit; you draw what you need, when you need it, and you only pay interest on what you’ve drawn.
People use HELOCs for the things that don’t fit neatly into a savings account: a renovation, paying off higher-rate debt, covering a gap between selling one property and closing on the next, or funding a down payment on an investment property.
How much can I borrow?
Most lenders will go up to 80–90% of your home’s value, minus what you still owe. I’ll walk you through your specific number on our first call.
How fast is funding?
In as little as 5 days once your file is complete. Timelines vary by property, title, and documentation, and are never guaranteed.
What does it cost?
Rates are variable and tied to your credit, equity position, and the line amount. I’ll give you real numbers, not a teaser rate, before you apply.
More ways to use your equity
Thinking about refinancing instead?
A cash-out refinance can sometimes beat a HELOC depending on your current rate. See the trade-offs.
Using the funds for a rental or business?
If the equity is going toward an investment property or business purchase, see investor & business financing.
Ready to see your number?
Fifteen minutes and I can tell you what you’d qualify for and roughly what it costs — no obligation.
Loans with Matthew Smith
Matthew Smith · NMLS #2852905
NEXA Lending · Company State License# AZBK – 2006218 | NMLS# 1660690
Licensed in Utah and Idaho.
NEXA Lending · Company State License# AZBK – 2006218 | NMLS# 1660690
Licensed in Utah and Idaho.
Funding timelines vary by borrower, property, and circumstance, and are not guaranteed. This is not a commitment to lend or an offer of credit. All loans subject to credit approval, income and asset verification, and underwriting. Rates, programs, and down payment assistance amounts change without notice and are subject to availability — confirm current terms before relying on any figure on this site. Nothing on this site is tax, legal, or investment advice; consult a qualified professional about your specific situation. Residential mortgage products are offered in Utah and Idaho only. Commercial-purpose and business-purpose financing (including DSCR and investor loans) is not consumer credit and is not subject to consumer mortgage protections such as TILA/RESPA.
⌂ Equal Housing Opportunity. NEXA Lending · Company State License# AZBK – 2006218 | NMLS# 1660690. NMLS Consumer Access: https://www.nmlsconsumeraccess.org/
⌂ Equal Housing Opportunity. NEXA Lending · Company State License# AZBK – 2006218 | NMLS# 1660690. NMLS Consumer Access: https://www.nmlsconsumeraccess.org/