Home | HELOC – new

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 Fazila Rashid on Aug-01-2025
“Everything we did are great”

Bonhere

Reviewed for Sumit Rajpal on Aug-01-2025
“From our first conversation to the final steps of closing, Sumit was incredibly responsive, clear, and helpful every step of the way. His ability to explain each stage in a straightforward manner made a huge difference, especially for someone going through this process for the first time. I truly appreciated his patience, timely updates, and the way he stayed on top of everything to ensure we closed on time without any last-minute surprises.”

Amit

Reviewed for Maria Laffredo on Jul-31-2025
“Informative, and quick to respond”

Peter

Reviewed for Donald Holmes on Jul-31-2025
“I really appreciated how the process went so smoothly.”

Ruth

Reviewed for Justin Wallace on Jul-31-2025
“He always answered the phone or called right back I just felt like he was on my side Hes He's a good one”

Timothy Wayne

Reviewed for John Hagler on Jul-31-2025
“Very smooth..”

John A

Reviewed for Janet Angelo on Jul-30-2025
“Janet was amazing from start to finish. Amazing to work with. i highly recommend her.”

Dale R

Reviewed for Beth Wood on Jul-30-2025
“Beth knows her job well and truly cares about her clients.”

Angie

Reviewed for Sumit Rajpal on Jul-30-2025
“It was the constant and transparent communication that made the experience and process much smoother than we expected. A big thank you to Sumit and his team!”

Suman

Reviewed for Brandon Rizk on Jul-29-2025
“Great communication and great support throughout the whole process, explained things very well, and kept us updated the whole time. 10/10 would recommend the Rizk brothers”

Dalon B.