One lump sum. One fixed payment. First mortgage untouched.
A home equity loan gives you the full amount at closing with a predictable payment — the right structure when you know exactly what you need and want certainty.
Prefer to talk it through? (720) 782-8348Mon–Fri, 9am–5pm Pacific
- Your existing first mortgage stays in place
- Full amount at closing, fixed payment schedule
- California primary residences and some second homes
- Licensed California brokerage — NMLS# 2815478
Check your equity options
Start with the property address. No obligation.
When fixed beats flexible
A line of credit is the right answer for uncertain spending. This is the other case.
You know the number
A single contractor bid, a debt consolidation payoff, a defined purchase. When the amount is already known, a line of credit adds flexibility you’ll pay for and never use.
The payment doesn’t move
A fixed structure means the payment you budget for is the payment you keep. A variable line can change with the market; this doesn’t.
Your first mortgage is untouched
This sits in second position. Whatever you locked on your first mortgage stays exactly as it is — which is the whole reason most California homeowners look here first.
We’ll tell you if a line is better
If your spending is staged or uncertain, we’ll say so and show you the HELOC instead. We’d rather place the right product than the one you clicked.
Three steps, no runaround
Send the property address
Two minutes. No documents needed to start.
We review your equity position
Value, existing liens, occupancy and credit profile.
You see the options side by side
Line of credit, fixed loan, or cash-out refinance.
Line of credit or fixed loan?
Both sit behind your first mortgage. They suit different situations.
| HELOC (line of credit) | Home equity loan (fixed) | |
|---|---|---|
| How you receive it | Draw as needed over time | Full amount at closing |
| Payment | Varies with balance and rate | Fixed and predictable |
| Best when | Spending is staged or uncertain | You already know the amount |
| Typical uses | Phased renovations, tuition over years, business timing | One contractor bid, debt consolidation, a defined purchase |
| First mortgage | Untouched | Untouched |
Home equity loan questions we get
How is this different from a HELOC?
A home equity loan gives you the entire amount at closing with a fixed payment schedule. A HELOC is a revolving line you draw from over time, usually with a variable rate. Fixed suits a known one-time cost; a line suits staged or uncertain spending.
Does this replace my first mortgage?
No. It sits in second position behind your existing first mortgage, which stays exactly as it is. That’s the primary reason homeowners choose a second lien over a cash-out refinance right now.
What can I use the money for?
Most commonly renovations, debt consolidation, education costs, or a business need. Lenders will ask the purpose, and some restrict certain uses, but the range is broad.
How much equity do I need?
It varies by lender, credit profile and how the property is used. We’ll review your actual position rather than quoting a threshold that may not apply to you.
Know the number? Let’s get it funded.
We’ll compare a fixed loan, a line and a cash-out side by side.
Check My OptionsOr call (720) 782-8348Mon–Fri, 9am–5pm Pacific
Home equity financing is secured by your home. Failure to repay may result in the loss of your property. Availability depends on your equity position, credit profile, occupancy, and lender guidelines.
Mango Stock Mortgage LLC — NMLS# 2815478. Licensed mortgage brokerage. Currently licensed to originate in California only. Verify our license at nmlsconsumeraccess.org.
This is not a commitment to lend or an offer to extend credit. All loans are subject to credit approval, underwriting review, income and asset verification, and property appraisal. Terms and programs are subject to change without notice. Not all applicants will qualify.
Equal Housing Opportunity. We do business in accordance with the Federal Fair Housing Act and the Equal Credit Opportunity Act. We do not discriminate on the basis of race, color, religion, national origin, sex, marital status, familial status, disability, age (provided the applicant has the capacity to contract), or because all or part of the applicant’s income derives from any public assistance program.