HELOC/HELOAN Program

Red Oak Mortgage offers Home Equity Line of Credit and Home Equity Loan options in both 1st and 2nd lien position and with both fixed and variable interest rates.

Easily gain access to the equity in your home! 

Key Features:

  • Borrow up to 95% of the value of your home

  • Make interest-only payments on the balance you have in any month, or have a fixed-rate option with fully-amortizing payments.

  • Low closing costs, fast approvals, quick closings

  • Appraisal waivers available and streamlined underwriting guidelines for highly-qualified borrowers