Your home may be one of your biggest financial assets. A Home Equity Line of Credit (HELOC) or Home Equity Loan can help you access that equity for renovations, major expenses, debt consolidation, or other financial goals.Zero down payment, no mortgage insurance, competitive rates. A dedicated program for active service members, veterans, and eligible surviving spouses. No one in America is positioned to buy better than you are.
A HELOC gives you flexible access to your home equity through a revolving line of credit. Think of it like a credit card secured by your home — you can borrow what you need, when you need it, up to your approved credit limit.
A Home Equity Loan provides you with a lump sum of money upfront, using the equity in your home as collateral. Unlike a HELOC, you receive the funds all at once and typically make fixed monthly payments over a set repayment term.
We review your income, credit, home value, and existing mortgage.
You receive an approved credit limit or loan amount based on your qualifications and available equity.
Draw funds as needed during your draw period (HELOC) or receive the approved amount as a lump sum (Home Equity Loan).
Make payments according to your agreed-upon schedule. With a HELOC, available credit may become available again as you repay.
We evaluate your financial profile and available home equity.
Your available equity, income, credit, and other factors help determine how much you may qualify to borrow.
The approved amount is provided to you as a lump sum.
You repay the loan according to the agreed-upon term and payment schedule.
A HELOC gives you flexible access to your home equity through a revolving line of credit. You can borrow what you need, when you need it, up to your approved credit limit.
Flexible access to funds as needed
Pay interest only on what you use
A Home Equity Loan provides you with a lump sum of money upfront, using the equity in your home as collateral. You make fixed monthly payments over a set repayment term.
Lump sum upfront for known expenses
Predictable fixed monthly payments
Home equity options can free up cash for renovations, debt consolidation, education, and other big expenses. We’ll review your home equity, payment comfort, and goals so you can compare a HELOC’s flexibility with a home equity loan’s predictability.
A HELOC works like a revolving line of credit, while a home equity loan gives you one lump sum with fixed payments.
HELOCs can be useful for ongoing expenses, while home equity loans may fit better when you know the amount and timeline upfront.
Both options use your home as collateral, so we'll review rates, fees, and repayment terms before you move forward.
We'll show how much equity you may qualify for, what monthly payments could look like, and where each option makes the most sense.
People consistently say the same things: it finally felt straightforward, they understood their options, and they weren’t treated like a number.
Just completed our refinance and it was a breeze! Megan and Jacquie are an amazing team! They are smart, hardworking, caring and knowledgeable!…
Olga G.
I had a truly wonderful experience working with HappyDog. From the very beginning, the team was professional, helpful, and prompt in guiding me through…
Jenny U.
If I could give Marci and Tori 10 stars I would! They were so friendly and easy to talk to. You can tell they enjoy helping people and that’s what makes them so good at their job!
RyAnn G.
Mike McKee, excellent service. His patience helped me to walk through the homebuying process with ease. He was available whenever I contacted him…
Althea O.
Great experience overall! Jason always kept us up to date and communicated regularly and is very good about replying quickly to questions.
AD A.
OMG!!! Mike Mckee is phenomenal…I worked with him for almost 2yrs..I had lots of issues prior to opening and he continued to reach out to me and stay in contact…
Valerie S.
HappyDog was easy to work with and highly responsive during our escrow process. I highly recommend them.
Taylor M.
Mike McKee’s professionalism and efficiency are truly impressive. He seamlessly guides clients through the lending process with his expertise…
Edward K.
Tori was amazing! She was providing several options for our budget for us to review and explained pros and cons with each option…
Rio B.
We can’t say thank you enough to vinnie, Lisa, and the whole team at happydog home loans! They made the whole process simple and straight forward…
Mariah H.
We had an absolutely amazing experience working with Happy Dog Lending while buying our first home! As first-time buyers, we had a lot of questions…
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Not sure which option is right for you? Here’s what we hear most.
No. Zero down payment required. This is one of the biggest advantages of VA loans. You can buy with nothing down and start building equity from day one.
No mortgage insurance ever. VA loans don’t require PMI. The VA guarantee eliminates that cost for the lender, which saves you money every month for the life of the loan.
The VA has no minimum credit score requirement. Individual lenders set their own minimums (typically 580+), but it varies. Even if your credit isn’t perfect, you have options.
VA loans are for primary residences only. You can’t use your benefit for investment properties or vacation homes. But you can use your benefit multiple times over your lifetime for different primary residences.
No. Zero prepayment penalty. You can pay off your loan early without any cost or consequence. Many veterans do this to save on interest.
You don’t have to figure it out alone. Let’s talk about your options.
Whether you’re remodeling your home, consolidating debt, or covering a major expense, a HELOC or Home Equity Loan may be an option.
