The Prosperity Equity Option

Home Equity Line of Credit

Home equity can be a valuable financial resource when you need access to funds as a homeowner, or if you need assistance with a down payment as a home buyer. Prosperity Home Mortgage, LLC offers a simultaneous second mortgage program home equity line of credit, or HELOC, to consider as a financing option that may help you reach your homeownership goals.

Features of the HELOC:

  • Loan amounts as low as $5,000 and up to $500,000.
  • Interest only payments for first 10 years.
  • May be a tax benefit. Consult your tax advisor.
  • Use credit any time or all at once.

Homeowner Refinance Benefits:

  • Make home improvements with renovations, repairs or maintenance.
  • Manage or consolidate debt.
  • Access funds for a major purchase or unexpected expense.

Home Buyer Purchase Benefits:

  • Combine the 1st mortgage loan with a HELOC to avoid monthly mortgage insurance payments.
  • Access funds again after the HELOC principal balance is paid down.

Consider a HELOC to access funds now or in the future.

Download in printable format here

To apply for this Home Equity Line of Credit:

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Prosperity Home Mortgage, LLC is a responsible lender and cares about our clients’ long-term financial well being. Carefully consider each of your home financing options to determine the home loan that is right for you.



Home Equity Lines of Credit (HELOC) provided by 3rd party. Available for 1-2 unit primary residences and owner-occupied second homes. Combined 1st and 2nd mortgage loan amounts up to $2,000,000. Annual maintenance fee of $75.00 is required. Product is not available in West Virginia.

All first mortgage products are provided by Prosperity Home Mortgage, LLC. (877) 275-1762. Prosperity Home Mortgage, LLC products may not be available in all areas. Not all borrowers will qualify. Licensed by the NJ Department of Banking and Insurance.  Licensed by the Delaware State Bank Commissioner.  Also licensed in Alabama, District of Columbia, Florida, Georgia, Kansas, Maryland, Michigan, Missouri, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia.
NMLS ID #75164 (NMLS Consumer Access at http://www.nmlsconsumeraccess.org/)
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