LINE OF CREDIT
Need extra cash for home projects or your business? A Home Equity Line of Credit lets you tap into your home's value, while a Business Line of Credit gives you the funds to grow and manage your business. Apply today and get the flexibility you need!
RESIDENTIAL
Lets you borrow against your home's equity, giving you flexible access to funds for any purpose.
Leverage Your Home's Equity
Use for any purpose
Customizable Terms
BUSINESS
A business line of credit gives you flexible funding when you need it. Apply today!
Improves Cash Flow
Lower Interest Rates
Supports Growth
Q: How much can I borrow with a Home Equity Line of Credit, and what are the requirements?
A: The amount you can borrow with a Home Equity Line of Credit (HELOC) typically depends on your home’s equity, your credit score, and your debt-to-income (DTI) ratio. Most lenders allow you to borrow up to 80-85% of your home’s value, minus any existing mortgage balance. Requirements generally include a good credit score, a stable income, and sufficient equity in your home. Specific terms vary by lender.
Q: How does a business line of credit work, and what do I need to qualify?
A: A business line of credit works like a credit card, giving you access to a set amount of funds that you can draw from as needed. You only pay interest on the amount you use, and as you repay, the funds become available again. To qualify, lenders typically look at your business revenue, time in business, credit score, and financial stability. Requirements may vary, so it’s best to check with your lender for specific details.
© PMF, Inc. | NMLS# 1980
Mortgage Broker only, not a Mortgage Lender or Mortgage Correspondent Lender
All loan approvals are conditional, not guaranteed, and subject to lender review of all information. A loan is conditionally approved when the lender has issued an approval in writing, but until all conditions are met, a loan cannot be funded. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. Pioneer Mortgage Funding, Inc is an Equal Opportunity Mortgage Broker headquartered in Tampa, Florida. This licensee is performing acts for which a mortgage broker license is required. PMF, Inc is licensed by the Florida Office of Financial Regulation, NMLS# 1980. Pioneer Mortgage Funding, Inc. is approved to originate Conventional, FHA, VA, and USDA loans, and has the ability to broker such loans to Conventional, FHA, VA, and USDA approved lenders. Pioneer Mortgage Funding, Inc. is not acting on behalf of or at the direction of HUD/FHA or the VA.
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142 W. Platt St
(855) 525-9070
