Home Equity Line of Credit

Get up to 80% Loan-to-Value ratio from your home equity with a HELOC hybrid mortgage!

A Home Equity Line of Credit (HELOC) is a loan that is solely based on the amount of equity built up in your home. A bank can provide you with an LTV of about 65% only, which is much lower rate than before. AKAL MORTGAGES can offer much more. We can get offers up to 80 percent LTV for you.

How to Apply for a Home Equity Line of Credit?

The application process for a HELOC is quite similar to that of a traditional mortgage:

• Provide income and tax statements
• Conduct a credit check for all applicants
• Get a professional home appraisal to determine your property value