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Mountain View homeowners have built serious equity. Silicon Valley appreciation has pushed home values well above what most owners originally paid.
A HELoan — a fixed-rate second mortgage — lets you borrow a lump sum against that equity. You get one check, one rate, one payment.
620+
Min Credit Score
Up to 80%
Max Combined LTV
Fixed
Rate Type
3–5 Weeks
Typical Close Time
Lump Sum
Loan Structure
Home Equity Loans (HELoans) in Mountain View
Most lenders want at least 20% equity remaining after the loan. That means your combined mortgage balances can't exceed 80% of your home's value.
Credit score requirements typically start at 620. Stronger profiles — 700 and above — get meaningfully better rates. Rates vary by borrower profile and market conditions.
Local decision guide
Use this guide to connect home equity loans (heloans) eligibility, lender expectations, and local market factors before comparing payment options in Mountain View.
Mountain View homeowners have built serious equity. Silicon Valley appreciation has pushed home values well above what most owners originally paid.
A HELoan — a fixed-rate second mortgage — lets you borrow a lump sum against that equity. You get one check, one rate, one payment.
Most lenders want at least 20% equity remaining after the loan. That means your combined mortgage balances can't exceed 80% of your home's value.
Big banks offer HELoans, but their overlays — extra internal restrictions — are strict. Wholesale lenders often approve scenarios banks turn away.
As a broker with access to 200+ wholesale lenders, we shop your profile across options most borrowers never see on their own.
Tech workers here often have RSUs and bonus income. Not every lender counts that income the same way. The right lender choice changes your approval.
HELoans close slower than HELOCs. Plan for 3-5 weeks. If you need cash fast, a HELOC may be a better fit for your timeline.
A HELOC gives you a revolving credit line — flexible but variable rate. A HELoan gives you a fixed payment from day one. Different tools for different jobs.
Cash-out refinancing replaces your first mortgage. If your first mortgage rate is low, a HELoan preserves it. That matters a lot right now.
Santa Clara County property values support large HELoan amounts. More equity means more borrowing power — Mountain View homeowners often qualify for six figures.
Many local owners want funds for ADU construction, home renovations, or private school tuition. A fixed-rate lump sum fits those defined costs cleanly.
That depends on your home's appraised value and your existing mortgage balance. Most lenders cap combined borrowing at 80% of your home's value.
No. A HELoan is a separate second mortgage. Your first mortgage rate and terms stay exactly as they are.
Yes, but lender policies differ. Some require two years of vesting history. We match your income profile to lenders who count it correctly.
HELoans work well when you know the total project cost upfront. HELOCs suit staged builds where you draw funds over time.
Expect 3-5 weeks from application to funding. California's three-day rescission period after closing is mandatory — plan around it.
Most lenders start at 620, but 700 and above gets you the best rates. Rates vary by borrower profile and market conditions.