If you own more than 30% of your home, you can tap in to tens of thousands of dollars by applying for a home equity loan line of credit. A home equity loan can help you pay for all sorts of high-dollar transactions, such as vacations, remodeling projects, even starting a new business.

To get started on your home equity loan application, you'll need to have a few pieces of information handy. Obviously you'll need to have your current contact information. Next, you'll need to provide some details about your current income and employment information. The most important part of your equity loan application are the details pertaining to your current mortgage. You'll need to provide your mortgage lending provider information, as well as the amount of your monthly mortgage payment and your current balance paid down.

The most important thing you can do to ensure that you'll be approved for your home equity loan is to make sure that your recent history of mortgage payments are on time and in full. This is the best measurement that our lending providers can use to determine that you are a sound individual to loan money to. Even if you have minor blemishes with your credit card or auto loans, your mortgage payments are the most important factor that our lenders look for when approving your loan.

Once you've submitted your home equity loan, it usually takes three to five business days to receive your full approval. At that point, your loan will be funded – with up to tens of thousands of dollars for your specific needs. You can manage most of your loan transactions entirely online, from application to payments, which means this is truly the most convenient way to get money you've ever found! You can use your loan money for nearly anything. Here's some great stories that we've heard from our previous clients.

4Less Home Equity Loan Success Stories 

“When we bought our house a few years ago, we knew that at some point we would want to upgrade the entire living room and kitchen area. Finally, we decided that we were ready for the remodel, but when the contractor arrived and provided us his bid, we didn't realize it would be that expensive. My brother suggested that I check out your site to apply for a home equity loan, and I have to say it was really easy. The application probably took less than 10 minutes, and we had our loan funded about two weeks later. The remodel looks great, and both my wife and I love the fact that we can manage our payments online. An excellent experience that I'd recommend to anyone that owns their home.” ~ P.F., Flagstaff, AZ

“I kept seeing those ads on television about a home equity loan, but I didn't think they offered very good rates. I've dreamt about taking a few months off and just traveling the world, but I didn't know how I'd be able to afford it. Thankfully I found your site and decided to give it a shot. The rate that I got was way better than what they advertise on television, and my loan was approved and funded within just a couple days. I've already booked several tickets and I'm now going to live out a life-long dream of mine.” ~ T.D., Brooklyn, NY

Home Equity Loan FAQ's

How much of my home's equity can I borrow against?

On average, your first 25% of your home's equity isn't going to be applicable to the loan amount. However, depending on your specific circumstances and desired loan amount, you may be able to borrow the remaining 75% of your home's value that you own. The less portion of your home's value that you want to borrow, the greater likelihood that your loan will be approved, so be sure to borrow the amount that is right for your specific spending desires.

What's the current interest rate for home equity loans? 

Presently, our loans fund below the national average. Each individual consumer's rate varies in accordance to several factors, including loan amount, payment schedule and duration, and obviously credit score and credit history. Remarkably, rates are still at relatively low figures, so it's a great time to borrow!

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