Short answer: enter your home's value and what you owe, and the calculator estimates the line you could qualify for under this program's limits — in seconds, with no credit pull. It's an estimate, not an appraisal or an offer. The real number comes from a soft-pull pre-qualification that takes a few minutes and doesn't affect your score.
How the estimate works
Every home equity lender caps your total borrowing — your existing mortgage plus the new line — at a percentage of the home's value. That cap is called combined loan-to-value, or CLTV. The calculator applies this program's CLTV cap for a primary residence to the value you enter, subtracts what you owe, and caps the result at the program maximum. If you tell it the home is listed for sale, it applies the tighter limits that apply to listed homes instead.
Two things move the real number the most. The first is the verified value: the program sources value electronically and, for lines above $400,000, orders a full appraisal — if that comes in under your estimate, the line shrinks; over it, the line grows. The second is what's already on the property. A second mortgage, a solar lien, or a HELOC you forgot about all count against the cap.
What the result means
The figure you see is the ceiling under the program's limits, not a recommendation. Most people should borrow less than the maximum: you pay interest on the balance you carry, and a smaller line is easier to retire. The right size is the number that solves the problem in front of you — a down payment, a renovation budget, a set of balances to pay off — with a plan to pay it back.
What happens next
- Pre-qualify in minutes. A few questions online and a soft credit pull. You'll see the line amount and the fixed-rate terms — 10, 15, 20, or 30 years — you qualify for.
- Verify electronically. Identity, income, property value, and lien position, mostly without paperwork.
- Sign and fund. Electronic closing. Funding in as little as 5 days from application on a clean file. Read how the whole program works if you want the full picture first.
Common questions about the calculator
How does the calculator estimate my line?
It applies the program's maximum combined loan-to-value for a primary residence to the home value you enter, subtracts your mortgage balance, and caps the result at the program's maximum line. Switch the toggle to "listed for sale" and it applies the tighter listed-home limits instead.
Why might my real number be different?
The estimate uses the value you typed. The actual line is based on a verified value, your credit profile, your existing liens, and your state's rules. A verified value that comes in lower or higher than your estimate moves the number the most.
Is this a soft pull?
The calculator doesn't touch your credit at all — it's arithmetic. Pre-qualifying for a real number uses a soft pull, which also doesn't affect your score.
What's the minimum and maximum?
Lines start at $25,000 and go up to $750,000 for a primary residence. Lines above $400,000 require a full appraisal and stricter qualifying. A home that's listed for sale is capped at $400,000.
Does the calculator work for a paid-off house?
Yes. Enter $0 for the mortgage balance. On a paid-off home the line sits in first position.
Does it work for a second home or rental?
The estimate is built for a primary residence. Second homes and investment properties have different limits — call with the address and we'll run it properly.
Where to go from here
Want the real number instead of the estimate?
The pre-qualification takes a few minutes, uses a soft pull, and shows you the actual line and terms. Or call — we'll run it with you on the phone.