Home Equity Line of Credit

We help you tap into the equity of your home for flexible financing. With a HELOC, you can access funds when needed, whether for home improvements, debt consolidation, or other major expenses.

Enjoy low-interest rates, flexible repayment options, and the ability to borrow only what you need. BNB Lending makes the process simple, fast, and tailored to fit your financial needs. Unlock the value of your home and gain access to funds with ease!

Investors with equity in their current properties may want to explore options like a home equity line of credit (HELOC) or a cash-out refinance on their primary residence or other investment properties. These solutions let investors tap into the value they’ve built in a property, using that equity to fund the purchase of additional rental properties.

 Asset Types

• Single Family Homes
• Townhomes
• Condos
• 2 - 4 Units (Duplex, Triplex, Quadplex)
• Multi-Family: 5 - 8 Units
• Mixed-Use: 2 - 8 Units
• Multi-Family: 9+ Unit

Loan Terms

Loan Sizes: $100k up to $3.5 Million (Larger loan sizes available on a case by case basis)

Purchase LTV: Up to 85%

Rate & Term Refinance LTV: Up to 80% 

Cash Out Refinance LTV: Up to 80%

Amortization: 30 Year % 40 Year Amortization Options Available

Term Lengths: 5/6 ARMs, 7/6 ARMs, 10 Year Interest Only, 30 Year Fixed & 40 Year Fixed

Floor Rate: 5.50% (subject to change daily due to market volatility)

Full Recourse with personal guarantee required for all borrowers with majority ownership (typically 20%+ or 25%+ if closing in an Entity)

DSCR Requirement: 1.00x or greater depending on loan size and property type. Sub-1.00x DSCR and NO DSCR options available.

Vesting: Lending to Individuals, LLCs, and Corporations. Trusts Allowable on a Case by Case Basis.

Average Time to Close: 14 to 35 days