Turn your home equity into cash
Get Up to 85% of Your Home Equity in CASH without changing your mortgage rate!
Get cash from your home for anything you need with a home equity loan.
HELOC vs Second Mortgage: Which is Right for You?
The choice between a HELOC and a Closed-End Second Mortgage hinges on your financial goals, flexibility needs, and tolerance for risk. Whether you prioritize flexibility or stability, understanding the key differences can help you align your choice with your financial strategy.
| Features | HELOC | Second Mortgage |
|---|---|---|
| Interest Rate | Adjustable rate, often tied to the prime rate. *Note: Prime is currently at 8.5% | Fixed rates and fixed payment |
| Access to Funds | Revolving line of credit, akin to a credit card. | Lump sum payment, similar to a traditional loan. |
| Interest Payments | Pay interest only on the amount used. | Interest and principal on the full loan amount. |
| Flexibility | Flexibility to borrow as needed. | Less flexible due to fixed loan terms. |
| Loan Duration | Typically shorter-term | Generally longer-term |
| Risk | Interest rates can fluctuate, based on the prime rate. | Stable payments, fixed loan term |
Unlock Your Cash Today
Reach out to our loan experts today. We're here to guide you through the options and find the best fit for your needs.
How much can you actually borrow?
Unlocking your home's equity can be a smart financial move. Let's walk through the calculations to help you determine your borrowing potential.
What you will need for this calculation:
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- Cash Amount
- Estimated amount you want to borrow
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- Home Value
- Estimated market value of your home.
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- Mortgage Balance
- Remaining balance on your current mortgage.
- Use for any purpose you choose.
- Fast application, Quick approval
- Cash in as little as 10 days
- $0.00
- $0.00
- 0.00
Home Equity Made Easy
Cazle makes accessing your home's equity simple. From quick application to fast funding, we streamline every step so you can tap into your home's value with confidence and ease.
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Provide Basic Info
Start by telling us about your home, current mortgage balance, income, and credit.
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Valuation
What are your goals? We help you accomplish your goals.
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Review your personalized offer
See your available credit limit, estimated rate, and any fees upfront.
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Accept & Sign Documents
Complete your application digitally and e-sign the closing documents from the comfort of your home.
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Get Your Funds
Access your funds quickly
We guide you every step of the way
Have questions? We've got answers so you can move forward with confidence at every stage of your home equity journey.
Don't see your question answered here?
Our mortgage experts are standing by to help with any questions you might have.
See what our customers have to say about working with Cazle Mortgage.
When you choose Cazle Mortgage, you're not just getting a loan - you're getting a partner committed to your success.
I have worked with the folks at Cazle Mortgage quite a few times now, and in my mind, there are no other options. Juan and Barry are nothing but class. I had the pleasure of working directly with Juan Escobedo on my most recent refinance and purchase of some investment properties and he helped to make the process completely seamless..
Sean Donovan
Cazle Mortgage Valued Customer
I had a fantastic experience with Cazle Mortgage! Their knowledgeable team provided exceptional service, guiding me through the process with ease. Their dedication, transparency, and commitment to finding the best terms made them my go-to choice for mortgages. Robin Peters was an amazing loan officer, I highly recommend her!
Natalia Jacobo
Cazle Mortgage Valued Customer
Me and My Wife had the pleasure of working with Robin Peters from Cazle Mortgage. She helped us get a Home Equity Loan and it was so easy working with her. She provided an estimate within $10 of what the actual payment would be when we talked. She was always honest and upfront about what to expect during the process..
Erik Lieb
Cazle Mortgage Valued Customer
The Cazle Advantage
At Cazle, we believe in clarity, responsiveness, and simplified processes. Our team is trained in home equity lending, and we'll walk you through each step. We actively communicate so there are no surprises, no hidden fees.
Cazle Mortgage is built on trust. Our clients consistently rate us for clear communication and reliability. We bring integrity to lending - no cut corners, no confusing fine print.
Even after your HELOC is open, we remain available - whether you want to borrow more, convert to fixed, or restructure. Our client relations team is your long-term partner.
1,000+
Over 1,000 5-Star Reviews
15,000+
We have helped more than 15,000 + clients
$3 Billion
Over $3.6 Billion in funded loan volume
25+ Years
Celebrating 25+ years in business
- Quick Pre-Approval
- No Obligation
- Secure Application