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New American Funding HELOC
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Loan Amount | Starting at $150,000 |
Maximum LTV | 80% |
APR (Fixed APR) |
Starting at 3.5% (Verified 08/10/2023) |
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 Tustin, CA. New American Funding HELOC are available in 50 states (and Washington, DC).
New American Funding HELOC FAQ
Is there a minimum draw requirement?
No, there isn't a minimum draw requirement.
What range of rates does New American Funding HELOC offer?
New American Funding HELOC offers APRs as low as 3.5% .
Remember the APRs of HELOCs do not include points and financing charges, just the interest rate. Most home equity lines of credit have a variable interest rate. Fixed interest rates -- if available -- typically have higher APRs, but your monthly payments don't change over the life of the line of credit.
What fees does New American Funding HELOC charge for a HELOC?
New American Funding HELOC may charge a loan origination fee . Another fee you should factor in is a cancellation fee of up to $0.
What types of property can you use as security for a HELOC with New American Funding HELOC?
Lenders often have restrictions on the type of properties they will accept as security for a HELOC. New American Funding HELOC will consider lines of credit secured by the following property types:
- Primary homes.
- Secondary homes and vacation properties
Contact
- Headquarters
-
14511 Myford Road,
Suite 100
Tustin, CA 92780 USA - (800) 890-1057
- Visit Site
- Email Support
Other Services by New American Funding
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- Washington, DC
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
Cancellation Fee | $0 |
No Prepayment Fee |
(Verified 08/10/2023) |
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