Planning a Home Renovation?
Your Home Equity Could Help
Explore a Home Equity Line of Credit (HELOC)
A HELOC can give you flexible access to funds for renovations, repairs, and other home improvement projects – while allowing you to borrow only what you need, when you need it.
- Draw funds as your project progresses
- Interest is charged only on funds you draw
- Reuse available credit as you repay it
- Flexible access for renovations and home improvements
Talk with Jim Driscoll
James Driscoll
Branch Manager | NMLS #21420
Office: 978.688.7700
Cell: 617.529.9007
Email: jim@meploans.com
Local Expertise, Real Solutions
Explore HELOC Options
Tell me a little about yourself and I’ll follow up to answer your questions and help you understand your options.
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A HELOC May Be Useful For
Kitchen & Bathroom Renovations
Update the spaces you use most without borrowing the entire project cost upfront.
Additions & Major Remodeling
Access funds over time as different stages of your project are completed.
Repairs & Property Inprovements
Use available home equity for projects ranging from major repairs to exterior and landscaping improvements.
Already know you are ready to apply?
If you’ve already explored your options and would like to begin an application, you can get started online.
More Ways to Qualify for a HELOC
Traditional income documentation isn’t the only option. Depending on your situation and program guidelines, we may be able to qualify using:
Bank Statements
Options for qualifying self-employed borrowers using eligible bank-statement income.
P&L-Only
Certain self-employed borrowers may qualify using a profit and loss statement rather than traditional income documentation.
Asset Depletion
Eligible assets may be used as part of the qualifying income calculation.
Minimum FICO as low as 600*
* Subject to program eligibility, property type and other underwriting requirements.
Not Sure Where to Start?
Home equity financing isn’t one-size-fits-all. I’m happy to walk you through the options and answer your questions before you make a decision.
