Mable Loans

See your available equity in 60 seconds

Enter your ZIP code to check current limits in your area. No obligation, no hard pull.

  • 100% free & no obligation
  • Soft pull. Won't hurt your score
  • Results in under 60 seconds

What is a HELOC?

A home equity line of credit (HELOC) lets you borrow against the part of your home you already own. Your current mortgage stays exactly as it is, rate and all.

You take the cash up front at a fixed rate and pay it back over 10 to 30 years. As you pay it down, you can draw again for 5 years with no new fee.

Why get a HELOC with Mable Loans

Keep your mortgage rate

Borrow against your equity without touching the loan you have.

One fixed payment

Lock your rate for 10, 15, 20 or 30 years. No surprises.

Nothing out of pocket

Fees come out of the line. Title and signing are on us.

Draw again for 5 years

Pay it down, then pull cash again with no new fee.

Line size
$5k–$1M
Line size
Of your home's value
Up to 89%
Of your home's value
10, 15, 20 or 30 years
Fixed rate
10, 15, 20 or 30 years
Out of pocket at closing
$0
Out of pocket at closing

How much can you borrow?

Most homeowners can borrow up to 89% of their home's value, minus what they owe. Lines run from $5,000 to $1,000,000.

Example: a $500,000 home with a $260,000 mortgage. 85% of the value is $425,000. Subtract the mortgage and you could borrow about $165,000.

How it works

  1. 1

    Check your number

    A few questions. No credit pull.

  2. 2

    Pick your amount

    Slide to the cash you want and see your payment.

  3. 3

    Apply online

    Sign online and get your money.

See my potential savings

Who qualifies for a HELOC

  • Credit score of 620 or higher
  • Home in your name or a revocable family trust
  • Owned for more than 90 days
  • No bankruptcy in the last 4 years
  • Mortgage payments current, no 30-day late in the last 2 years
  • Single-family home, townhome, condo or planned community

HELOC questions

How much can I borrow?

Up to 89% of your home's value, minus what you owe. A $500,000 home with a $260,000 mortgage can reach about $165,000.

Will checking hurt my credit?

No. Seeing your numbers takes no credit pull. A soft pull comes only when you apply.

What credit score do I need?

620 or higher. Higher scores unlock bigger lines.

What does it cost to close?

Nothing out of pocket. A one-time fee of 1.9% to 4.9% comes out of the line, title and signing are covered, and recording costs go into a 12-month 0% plan. No annual fee.

Where is it available?

46 states and DC. Not yet in California, Hawaii, Massachusetts, Nevada or New York.

Explore home equity