Access Your Home
Equity
Facing a large expense? Turn your home's value into accessible cash. Let our home equity and HELOC coaching help you make informed decisions about tapping into it.
Review Your Equity Options With Our Experts
Smart Guidance on Using Home Equity or HELOCs
We teach you how to analyze your goals, understand the terms, and confidently decide whether using your home's value is the right financial move for you.
Seamless Access, Flexible Experiences
Get equipped with the tools needed to reduce financial stress and stay focused on what really matters.
- Seamless Access: Instantly connect with a coach through QR codes - no logins, no friction.
- Flexible Coaching Formats: Quick one-on-one chats, short videos, webinars, and spotlight sessions that fit into any schedule.
- Immediate Connection: QR codes on flyers, desk cards, or webinar slides make it easy and efficient to connect with a coach.
- Blended Approach: Live coaching supported by digital resources ensures the help needed to make smart financial decisions.
Personalized equity assessment from our team of experts
HELOC VS. Refinance guidance
Risk-Aware Coaching
Long-term financial impact planning
Frequently Asked Questions
Here you can find some of the most common questions we receive.
What is home equity?›
Home equity is the portion of your home’s value that you actually own. It’s calculated by subtracting your outstanding mortgage balance from your home’s current market value. Home equity can increase as you pay down your mortgage or if your property value rises.
How can I use my home equity?›
You can use your home equity for various financial goals, such as home improvements, debt consolidation, education expenses, or major purchases . Many homeowners also use it to access cash through a home equity loan or home equity line of credit (HELOC) .
What is the difference between a home equity loan and a HELOC?›
A home equity loan provides a lump-sum payment with fixed interest rates and consistent monthly payments. A HELOC works more like a credit card, offering a revolving line of credit with variable interest rates. Your choice depends on your financial needs and repayment plan.
Are there risks to using home equity?›
Yes. Borrowing against your home equity uses your home as collateral. Failing to make payments could result in foreclosure. It’s important to use home equity responsibly and consider your repayment ability.
How do I apply for a home equity loan or HELOC?›
To apply, you’ll typically need proof of income, credit history, and an appraisal of your home. BrightDime guides you through the process and connects you with trusted lenders to find the best solution for your needs.
