Question 1

What makes equity appreciation loans different from a standard HELoan?

Accepted Answer

Standard HELoans lend against your current equity. Appreciation loans factor in projected value growth, which can improve your financing terms.

Question 2

Do I need to own my Gilroy home outright to qualify?

Accepted Answer

No, but you need meaningful existing equity. The more equity you hold, the stronger your position with these lenders.

Question 3

Can I use this loan to buy a home or only to tap existing equity?

Accepted Answer

Most equity appreciation products are structured for existing homeowners. Talk to us about purchase options if that's your goal.

Question 4

How does Gilroy's market affect my loan terms?

Accepted Answer

Lenders look at local appreciation trends to model risk. Gilroy's Santa Clara County location supports favorable projections.

Question 5

Are equity appreciation loans considered non-QM products?

Accepted Answer

Not necessarily. Product structure varies by lender. Some fall within QM guidelines, others don't — we'll identify which applies to you.

Question 6

How do I know if this beats a cash-out refinance?

Accepted Answer

It depends on your current rate and equity position. We run both scenarios side by side before making a recommendation.

Equity Appreciation Loans in Gilroy, CA