Home | HELOC

Home Equity Line of Credit (HELOC)

Why Choose Allied’s HELOC

Fixed Rates for
peace of mind

Only takes 5 minutes to apply

Borrow up to
$400,000

Get your HELOC rate quote and access funds in as little as 5 days!

Benefits

• Access to Cash: Tap into the equity in your home to access funds for various purposes such as home renovations, debt consolidation, or unexpected expenses.
• Flexibility: Enjoy the flexibility of borrowing only what you need, when you need it, up to your approved credit limit.
• Lower Interest Rates: HELOCs typically offer lower interest rates compared to other forms of credit such as personal loans or credit cards.
• Tax Deductibility: In some cases, the interest paid on a HELOC may be tax-deductible.  Check with your tax professional.
• Keep your home’s current interest rate! No need to refinance your current mortgage.

Approval in 5 minutes with funding in as few as 5 days with no impact to your credit score.

Allied HELOC is not available in New York, Hawaii, and West Virginia

1. To check the rates and terms you qualify for, we will conduct a soft credit pull that will not affect your credit score. However, if you continue and submit an application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
2. Allied HELOC is an open-end product where the full loan amount (minus the origination fee) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw.
3. Allied HELOC loan amounts range from a minimum of $25,000 to a maximum of $400,000. For properties located in MI and TX minimum loan amounts will differ. For properties located in MI, the minimum loan amount is $10,000. For properties located in TX, the minimum loan amount is $35,000. Your maximum loan amount may be lower than $400,000 and will ultimately depend on your home value and equity at the time of application. We determine home value and resulting equity through independent data sources and automated valuation models.
4. Approval may be granted in five minutes but is ultimately subject to verification of income and employment, as well as verification that your property is in at least average condition with a property condition report. Five business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing. Five business day funding not available in Texas.

What Our Customers Are Saying

Reviewed for Thomas Ippolite, Jr. on Jul-23-2026
“Tommy is the man!”

William R

Reviewed for Robin Buchanan on Jul-20-2026
“They were attentive, Robin and Kelly stayed on top of everything and sent us timely reminders. Most importantly, they ensured the job was done.”

Kathleen

Reviewed for Rosemarie Gadsby-Devlin on Jul-20-2026
“Rosemarie is one of the best, she helped my husband and I to buy the second house and she helped my 3 kids to purchase their first home. Has been a pleasure and a great experience working with her. Thank you for the hard work and making this easy for everyone. Best wishes ”

Luiza

Reviewed for Dominick Lombardo on Jul-20-2026
“Dominick went above and beyond not and was always there to answer any questions or concerns I had.”

Jamison

Reviewed for Scott Brooks on Jul-20-2026
“Scott was kind, knowledgeable and made himself available to help us through the questions we had, even while he was away from the office. He responded very quickly to all issues that arose and made sure that Settlement was smooth and very easy for all.”

Timothy

Reviewed for Brandon Rizk on Jul-19-2026
“They were so helpful throughout the entire processed and did everything they could to help me. They communicated often and always made sure I knew what was going on and in the loop.”

Charissa Kay

Reviewed for Anthony Mendicino on Jul-18-2026
“Anthony was amazing! He stayed in constant contact with me and explained every step along the way”

Torikae L

Reviewed for Mike McKeown on Jul-18-2026
“Mike made the entire process feel curated, seamless and his attention to detail created a no stress experience. Will definitely refer Mike to others.”

Cheryl

Reviewed for Cathy Rebecca Fernandes on Jul-18-2026
“Great team”

Moheb

Reviewed for Joseph McCann on Jul-17-2026
“Love Joe and would recommend to everyone I know”

Andrew