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  Redwood Capital Bank Home Equity Lines
Redwood Capital Bank Home Equity Lines
in Home Equity Lines of Credit from Redwood Capital Bank
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Redwood Capital Bank Home Equity Lines

Unaffiliated
in Home Equity Lines of Credit from Redwood Capital Bank
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Highlights
Loan Amount N/A
APR  (Variable APR) Up to 5%
Maximum LTV N/A

Redwood Capital Bank Home Equity Lines Review

Redwood Capital Bank Home Equity Lines is offered by Redwood Capital Bank, a bank founded in 2003 and based in Eureka, CA. Redwood Capital Bank Home Equity Lines is available in 1 state across the USA.

Redwood Capital Bank Home Equity Lines FAQ

Is there a minimum draw requirement?

No, there isn't a minimum draw requirement.

What fees does Redwood Capital Bank Home Equity Lines charge for a HELOC?

Redwood Capital Bank Home Equity Lines may charge a loan origination fee . Another fee you should factor in is a cancellation fee of up to $500.

What types of property can you use as security for a HELOC with Redwood Capital Bank Home Equity Lines?

Lenders often have restrictions on the type of properties they will accept as security for a HELOC. Redwood Capital Bank Home Equity Lines will consider lines of credit secured by the following property types:

  • Secondary homes and vacation properties

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Message From Redwood Capital Bank Home Equity Lines

Using a home equity line of credit from Redwood Capital Bank is an easy way to finance a second home, make home improvements or consolidate debt. From vehicles to vacations, whatever your personal needs may be, you will find that Redwood Capital Bank is ready to serve you.  We pride ourselves on providing excellent customer service and a variety of lending options to meet all of your expectations.  All loans are subject to credit approval.

Availability

  Available in 1 state
California
Availabile in all of California

Feature Breakdown

Introductory Rate 1.99%
Purchase Intro APR Period (Variable APR) 6 months
Cancellation Fee $500
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Intended Use
  • Secondary Home
  • Investment
Minimum Age 18
Supported Income Types
  • Payroll Check or Prepaid Card
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
APR Type Variable APR
APR (Variable APR) Up to 5%
Interest Rate Types Offered Fixed-Rate Mortgage

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