Is Arcstone Financial Home Equity Lines of Credit the right fit for you?
Last Updated: 04/18/2025
Arcstone Financial Home Equity Lines of Credit
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NMLS ID #344236
Last Updated: 04/18/2025
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Highlights
Credit Score Range
660 - 850
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Amount Range
$25,000 - $500,000
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Maximum LTV
89.99%
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Minimum Draw
$0
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Loan Term (Years)
30 - 40
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Arcstone Financial Home Equity Lines of Credit Review
Arcstone Financial Home Equity Lines of Credit is offered by Arcstone Financial Inc. (NMLS #344236), a direct lender founded in 2004 and based in Los Angeles, CA. Arcstone Financial Home Equity Lines of Credit are available in 5 states.
Key Takeaways
- Fair credit accepted. Borrowers with a credit score as low as 660 may qualify for Arcstone Financial Home Equity Lines of Credit.
- Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
- Fast process. In some cases you can close on your home loan within 7 business days.
- No origination fees. Arcstone Financial Home Equity Lines of Credit does not charge fees for processing your application.
- High maximum LTV ratio. Arcstone Financial Home Equity Lines of Credit has a maximum loan to value ratio of 89.99%.
- Cosigner and coborrower applications accepted. A cosigner or coborrower can help you qualify for better rates and terms when applying for Arcstone Financial Home Equity Lines of Credit.
- Long loan terms. Arcstone Financial Home Equity Lines of Credit offers mortgage terms of up to 40 years. Most mortgage refinancing loans have a maximum term of 30 years.
- High maximum DTI ratio. Arcstone Financial Home Equity Lines of Credit requires a debt-to-income ratio of less than 50%. This ratio includes all your monthly debts, not just your proposed mortgage payment. Typically, lenders have a maximum DTI of 43% or lower.
Arcstone Financial Home Equity Lines of Credit Pros & Cons
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Arcstone Financial Home Equity Lines of Credit FAQ
How much can you borrow with a HELOC?
HELOCs are lines of credit secured by your home. Once approved, you can access funds by check, phone, credit card, or online up to your credit limit.
Borrowers can apply for lines of credit of up to $500,000. The maximum amount depends on property value, existing mortgage balance, and creditworthiness.
The maximum loan-to-value (LTV) ratio goes up to 89.99%. This means total debt secured by the property cannot exceed this percentage of its value. For example, on a $100,000 home with a $20,000 mortgage balance, you may qualify for up to $69.99k in credit.
What are the terms for Arcstone Financial Home Equity Lines of Credit?
HELOCs include a draw period followed by a repayment period. During the draw period, borrowers can access funds as needed up to the credit limit.
Arcstone Financial Home Equity Lines of Credit offers home equity loans with terms ranging from 30 to 40 years.
Is there a minimum draw requirement?
Yes. The minimum draw requirement is $0.
What is the estimated funding time for a HELOC?
The HELOC through Arcstone Financial Inc. can fund in as few as 7 days after approval.
What fees does Arcstone Financial Home Equity Lines of Credit charge for a HELOC?
Arcstone Financial Inc. does not charge origination fees.
What types of property can you use as security for a HELOC with Arcstone Financial Home Equity Lines of Credit?
Arcstone Financial Inc. may consider HELOCs secured by the following property types:
- Primary residences
- Secondary or vacation homes
Provider Disclosure: Equal Opportunity Housing. Arcstone Financial Inc. is a California Corporation licensed by the Department of Real Estate, License #01468445, NMLS# 344236. Information subject to change without notice. This is not an offer for extension of credit or a commitment to lend. All rates, fees, and programs are subject to change and/or withdrawal from the lending practices without notice. Eligibility can vary based on meeting minimum credit score/tradeline, documentation, Loan to Value, and occupancy. Ask to speak with a home loan consultant for a pre-qualification/pre-approval or an approval.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from Arcstone Financial Home Equity Lines of Credit
Hours of Operation
SundayClosedMonday9:00AM - 5:00PMTuesday9:00AM - 5:00PMWednesday9:00AM - 5:00PMThursday9:00AM - 5:00PMFriday9:00AM - 5:00PMSaturdayClosed
Other Services by Arcstone Financial Inc.
Home Equity Loans
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Home Mortgage Loans
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Reverse Mortgages
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Mortgage Refinance
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Availability
Available in 5 states.
- California
- Colorado
- Florida
- Georgia
- Texas
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