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Home Equity Lines of Credit
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Last Updated: 02/12/2026

New American Funding HELOC

in Home Equity Lines of Credit from New American Funding

Last Updated: 02/12/2026

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Strongly recommended15 total votes
13 users recommend
1 users are unsure
1 users don't recommend
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Highlights

Community Rating

Strongly recommended

Credit Score Range

Starting at 580

Amount Range

Starting at $50,000

Maximum LTV

80%

Minimum Draw

N/A


Loan Term (Years)

8 - 30

Number of Reviews

15

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New American Funding HELOC Review

New American Funding HELOC is offered by New American Funding (NMLS #6606), a direct lender founded in 2003 and based in Austin, TX. New American Funding HELOC are available in 48 states and Washington, DC.

Key Takeaways

  • Fair credit accepted. Borrowers with a credit score as low as 580 may qualify for New American Funding HELOC.
  • Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
  • Maximum LTV. New American Funding HELOC has a maximum loan to value ratio of 80%.

New American Funding HELOC Pros & Cons

New American Funding HELOC FAQ

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does New American Funding HELOC charge for a HELOC?

New American Funding HELOC may charge an origination fee.

What types of property can you use as security for a HELOC with New American Funding HELOC?

New American Funding may consider HELOCs secured by the following property types:
  • Primary residences
  • Secondary or vacation homes

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.

Contact

Headquarters

8201 N FM 620
Suite 120
Austin, TX 78726
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Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed

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