Home Equity

HELOC & HELOAN

Access the cash locked up in your home's equity — without touching the low rate on your primary mortgage.

Homeowner reviewing home equity financing options

Apply For Our Digital HELOC Here

Keep Your Rate. Access Your Equity.

A HELOC (Home Equity Line of Credit) is a second mortgage that lets homeowners access cash from their home equity while keeping their favorable primary-mortgage rate intact.

For example, if you have a 3% conventional loan on your primary mortgage, you don't have to refinance it away to get cash out. You can keep that rate and pull $60,000 or more through a second mortgage instead.

📝 Minimal Paperwork

✅ Free Soft Credit Pull

🏠 No Appraisal

⚡ Lightning-Fast Digital Processing

Apply Now! Schedule a Consultation

Know the Difference

HELOC vs. HELOAN

Both let you borrow against your home's equity — but they work very differently.

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HELOC

A Home Equity Line of Credit works like a credit card secured by your home. It's revolving credit — draw what you need, when you need it, and interest is charged only on the funds you actually use.

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HELOAN

A Home Equity Loan is a one-time lump-sum withdrawal against your home's equity, repaid on a fixed schedule — a good fit when you know the exact amount you need up front.

Want Us to Give You a Call?

Request a Callback

Tell us a bit about your home equity goals and a Paramount loan expert will call you back — no obligation.

Ready to Tap Into Your Equity?

Call us at (818) 500-4009, apply online, or book a free consultation — our experts are standing by.