HELOC Not Refi powered by Honest Casa
Your low rate stays locked Check My Rate

You locked a once-in-a-generation rate. Don't let a refi take it back.

Here's what a cash-out refinance really does: it pays off your entire mortgage — including the part you locked at 3% — and replaces all of it at today's rates, just to hand you some cash. On a $400,000 balance, repricing from 3% to 7% costs roughly $16,000 a year in extra interest before the cash even counts. A HELOC does the opposite: your first mortgage stays exactly where it is, and today's rates apply only to the new money you actually draw. Same cash. One of them torches your rate to get it.

Your first mortgage is untouched — same rate, same payment, same payoff date
Today's rates apply only to the new cash you draw — not your existing balance
Check your rate in ~5 minutes — soft pull, no SSN, no obligation
3% stays 3%Your first mortgage is untouched
New money onlyToday's rate on the draw alone
~5 min rate checkSoft pull, no SSN
As fast as 3 days*From approval to funded
Your rate-protecting offer — 60 seconds 0%

How much cash do you need?

Only this number gets today's rate — your mortgage keeps its own. Check your rate as of .

$75,000

Available as a flexible line of credit

$15K$750K
Secure ~60 seconds No SSN needed

Let's estimate your available equity

Your low-rate mortgage stays in place — the line sits on top of it.

ESTIMATED AVAILABLE EQUITY$150,000

What's your credit score range?

Your best estimate is fine — it's confirmed later in the process.

What will you use the cash for?

This helps tailor your offer.

What's the property address?

Start typing and select your address — we verify it instantly so your offer is accurate.

We couldn't verify this address — check the spelling or select one of the suggestions
Unit number is required for condos & townhomes
Address is verified against official U.S. records

Where should we send your offer?

Please use your full legal name (as it appears on your government-issued ID) and an email and mobile number you control — these details are verified and used in the underwriting process. Inaccurate information can delay your offer.

Legal first name is required
Legal last name is required
Enter a valid date of birth (MM/DD/YYYY)
Enter a valid email address
Enter a valid 10-digit phone number
How your information is protected: encrypted in transit, used only to prepare your offer and verify your identity, and never sold to third parties.
Your information is encrypted and never sold

Congrats — you're a fit!

See your offers immediately by completing your secure application below ↓

Requested line$100,000
Estimated equity$150,000
Property—
See My Offers Now →
5 min No docs required No SSN

Fit is based on the answers you provided and is not a loan approval. Offers are subject to verification, credit approval, and underwriting.

Keep your rate
Your first mortgage stays exactly as-is — balance, rate, payment, all untouched
New $ only
Today's rates apply only to the cash you take — not your whole balance
~5 min
To check your HELOC rate — soft pull, no SSN required
Up to $750K
Second-position lines sized to your equity

The refi math nobody shows you at the kitchen table

$400,000 left on a 3% mortgage. You want $75,000 for a renovation. Two ways to get it:

Cash-out refi at ~7%

  • New loan: $475,000 — every dollar at today's rate
  • Your old $400K at 3% now costs ~7% — roughly $16,000/year more in interest on money you already had financed
  • Plus 2–5% closing costs on the full $475K — up to $23,000
  • And the 30-year clock usually restarts from zero

HELOC on top

  • Your $400K stays at 3% — nothing about it changes
  • Only the $75K draw carries today's rate — the blended cost stays close to what you have now
  • $0 due at closing, and interest only on what you've actually drawn
  • Pay the line down and the credit is there to use again — no new loan next time

Cash without touching your mortgage, in 3 steps

Your first mortgage never enters the transaction. That's the whole point.

01

Check your HELOC rate

About five minutes, soft pull, no SSN. This prices a second-position line only — your existing mortgage is never part of the application.

~5 minutes
02

Verify & close online

Digital valuation under $500K (no appraiser visit), bank-statement income verification (no tax returns), and an eNotary closing from home. Your first lender never even gets a phone call.

100% online
03

Draw the new money only

Funds arrive in as little as 3 days after approval.* Your mortgage statement next month looks identical to last month's — same rate, same payment. Only the new line is new.

As fast as 3 days*

Why the HELOC wins when your rate is low

A sub-4% mortgage is an asset

Millions of homeowners hold rates that may never be offered again. A cash-out refi liquidates that asset on day one — repricing every dollar you owe just to extract some cash. Keeping it is worth real money every single month.

Blend beats replace

The honest math is a blended rate: your big balance stays cheap, and only the smaller new draw carries today's rate. $400K at 3% plus $75K drawn at today's rates blends far below what a full refi at 7% costs — run your numbers and see.

Pay interest on cash you use, not cash you moved

A cash-out refi charges you interest on the entire new balance from day one. A HELOC charges interest only on what you draw, when you draw it — the undrawn line costs nothing.

And when the refi wins, we say so

If your existing rate is already high — say 7%+ — a cash-out refi can genuinely be the better play, and your specialist will tell you that to your face. This site exists for the low-rate homeowner the refi industry keeps mispricing.

HELOC vs. cash-out refi — for a low-rate homeowner

$400K balance at 3%, needing $75K cash. Here's what each route really does.

HELOC Not RefiRECOMMENDEDCash-out refinanceHome equity loan
Your 3% first mortgage Untouched Repriced to today's rates Untouched
What carries today's rate Only the $75K you draw The entire $475K The $75K lump sum
Interest on undrawn money None — draw as needed All of it, day one All of it, day one
Closing costs $0 out of pocket 2–5% of the full loan Moderate
Restarts your 30-year clock No Usually No
Typical time to funding As little as 3 days* 30–45 days 2–4 weeks
Rate check without SSN Yes — soft pull No Varies
Draw / repay / redraw Yes — it's a line No No

Frequently asked questions

Why is a HELOC better than a cash-out refi right now?
It depends on one number: your current mortgage rate. If it's low — anything under today's rates — a cash-out refi destroys that rate on your entire balance just to hand you cash, while a HELOC prices only the new money and leaves your first mortgage untouched. If your existing rate is already at or above market, the refi math can win instead, and we'll tell you when it does.
Does opening a HELOC change my existing mortgage at all?
No. Your first mortgage's rate, payment, term, and lender all stay exactly as they are. The HELOC records as a separate second-position lien — your current lender isn't involved and doesn't need to approve anything.
What does 'blended rate' mean?
Your true overall cost across both loans. Example: $400K at 3% plus $75K drawn at 9% works out to about 3.9% blended — versus 7% on everything with a refi. The bigger your low-rate balance relative to the cash you need, the more lopsided this math gets in the HELOC's favor.
Is the HELOC rate higher than a refi rate?
Usually somewhat, yes — second-position lending prices higher than first. But it applies to a fraction of the money. Paying a higher rate on $75K beats paying a mid rate on $475K in almost every low-rate-homeowner scenario. The comparison table above walks the real example.
What if I only need the money for a while?
That's another HELOC advantage: draw, repay, and the credit is available again — with interest only while a balance is outstanding. A refi charges you for the full amount for as long as you hold the loan.
How fast can I get the cash?
Rate check in ~5 minutes; funding in as little as 3 days after final approval.* A cash-out refi typically runs 30–45 days — another point for the deadline-driven.
Will checking my rate hurt my credit score?
No — prequalification is a soft inquiry with no score impact, and no SSN is required to see your rate. A hard pull only happens if you proceed with a full application.
Do I need tax returns?
No — income verifies from bank statements through a secure, read-only connection. Self-employed borrowers qualify on real cash flow.
Who is the lender?
This site is powered by Honest Casa (NMLS #1566096), an Equal Housing Lender headquartered in Irvine, CA. You can verify licensing at NMLS Consumer Access.

The cash is available. Your rate doesn't have to be the price.

Check your HELOC rate in ~5 minutes — soft pull, no SSN, first mortgage untouched.

Check My Rate Now
Get Cash — Keep My Rate