Wealth Builder HELOC

Wealth Builder is a first-lien Home Equity Line of Credit structured as an open-ended line of credit rather than a traditional fixed-amortization mortgage. Instead of a schedule that front-loads interest, you control your own payoff timeline based on how you manage your cash flow.

At closing, you receive a debit card, checkbook, and online account access - the account functions like a normal checking account. But every dollar you deposit is swept nightly against your outstanding principal, and because interest accrues daily, that immediately lowers the next day’s interest charge. The more surplus income that flows through the account, the faster your balance drops.

Wealth Builder is available for purchase, rate-and-term refinance, and cash-out, on primary residences, second homes, and investment properties, with a 30-year term and no prepayment penalty. Depending on your income and how actively you use the account, some borrowers pay off their loan in a small fraction of a traditional 30-year timeline.

This is a specialty program with its own eligibility guidelines - we’ll walk you through whether it’s a good fit for your situation.