Rhyze HELOC
Your home equity can be more than just value on paper. The Rhyze HELOC gives homeowners a flexible way to access funds for the things that matter most, whether that means home updates, paying off higher-interest debt, planning for major expenses, or creating more financial breathing room.
With competitive pricing, flexible fee options, and no lender fees, this program is built to give qualified borrowers more access and more control.
As seen in:
Top military lender
NMP
Top mortgage lender
Scotsman guide
5-Star Lender
MPA
TOP LENDER
CALHFA
TOP EMPLOYER
DIVERSITY JOBS
TOP 100 MORTGAGE COMPANIES
MORTGAGE EXECUTIVE
5-STAR LENDER
Mortgage Professional America
TOP 250 LATINO MORTGAGE ORIGINATORS
NAHREP
MOST LOVED MORTGAGE EMPLOYERS
NMP
TOP MORTGAGE LENDER
Scotsman Guide
TOP MILITARY LENDER
NMP
TOP 15 VA LENDER
Scotsman Guide
Product highlights
- Home Equity Line of Credit
- Available for purchase, rate and term refinance, and cash-out refinance transactions
- Eligible for primary residences and second homes
- Minimum credit score of 660
- Maximum LTV up to 89.99%
- Loan amounts from $25,000 to $750,000
- Available in all states Preferred Rate lends in, except Texas and New York
- Available as a standalone HELOC or piggyback option
- 10-year draw period with interest-only payments
- 20-year repayment term after draw period
- FNMA DU underwriting
- No appraisal required for loans under $400,000, AVM allowed up to $400,000
- Condo questionnaire not required
Borrower advantages
- Access your home equity without refinancing your first mortgage
- Use funds when needed instead of taking a lump sum all at once
- Interest-only payment option during the draw period
- No lender fees
- Helpful option for renovations, debt consolidation, emergency expenses, or major life costs
- Flexible structure for borrowers who want ongoing access to funds instead of a one-time disbursement
Frequently asked questions
With short and easy to understand answers.
Couldn’t find your answer?
[email protected]What is a Rhyze HELOC?
A Rhyze HELOC is a home equity line of credit that allows qualified homeowners to borrow against available equity as needed, up to an approved credit limit.
What can I use a Rhyze HELOC for?
Funds may be used for things like home improvements, debt consolidation, emergency expenses, education costs, or other major purchases.
What property types are eligible?
This program is available for primary residences and second homes.
What loan purposes are allowed?
Eligible uses include purchase, rate and term refinance, and cash-out refinance.
How much can I borrow?
Loan amounts range from $25,000 to $750,000, depending on qualifications.
What credit score is required?
The minimum credit score is 660, with additional requirements for higher CLTVs and larger line amounts.
How does repayment work?
The program includes a 10-year draw period with interest-only payments, followed by a 20-year repayment term.
Is an appraisal always required?
Not always. Loans under $400,000 may not require an appraisal, and AVM may be used up to $400,000.
Is the Rhyze HELOC available in every state?
No. It is not available in Texas or New York.
Couldn’t find your answer?
[email protected]Loan Programs
DSCR Loans (Investment Loans)
Featured
1% Home Loan Program
Featured
Conventional Loans
Featured
Down Payment Assistance (DPA)
Featured
Low Down Payment Loans
HELOC Loans
Home Renovation
Bank Statement Loans
Manufactured Home Loans
Construction Financing
Condominium Loans
Medical Professional Loans
First Responders | Nurses | Teacher Loans
Bridge Loans
Temporary Buydowns
Expanded Credit Loans
Click n’ Close SmartBuy National DPA
Loans for Foreign Nationals
Loan Programs
DSCR Loans (Investment Loans)
Featured
1% Home Loan Program
Featured
Conventional Loans
Featured
Down Payment Assistance (DPA)
Featured
Low Down Payment Loans
HELOC Loans
Home Renovation
Bank Statement Loans
Manufactured Home Loans
Construction Financing
Condominium Loans
Medical Professional Loans
First Responders | Nurses | Teacher Loans
Bridge Loans
Temporary Buydowns
Expanded Credit Loans
Click n’ Close SmartBuy National DPA
Loans for Foreign Nationals
Home Loan Guides & Checklists
Doctor Loan
Finding The Right Home For You
STaR Loans
Which Mortgage Loan is Right for Me
5-Step road map of the loan process
Am I Financially Ready to Buy My First Home?
Top reasons to consider a cash-out refinance
VA Loans for Purchase and Refinance
Ready to take the next step?
Set your target interest rate and we’ll notify you when it hits. No spam, just smart alerts.
- Competitive rates
- Expert support
- Easy process