Embedded Files
Your Journey to Financial Freedom Starts with a Single Step
Taking advantage of The Senior Equity Access Program is designed to be simple, transparent, and supportive, with our NSBA team by your side at every stage. We’ve streamlined the process to minimize paperwork and maximize clarity, ensuring you can focus on the benefits of the program rather than bureaucratic hurdles. Here’s how to get started:
STEP 1
Submit Documentation: Gather and submit required documents, including proof of age, homeownership, and any relevant financial information (e.g., existing mortgage details). Our counselors will provide a clear checklist and assist with document collection to make this step effortless.
STEP 2
Home Appraisal: There will be a virtual appraisal to assess your home’s current market value and available equity. We’ll connect you with licensed appraisers for a fair and accurate evaluation, conducted remotely.
STEP 3
Application Review and Approval: Your personal financial institution reviews your application to ensure compliance with federal regulations. We’ll keep you informed throughout the process, typically completed within a few weeks.
STEP 4
Access Your Funds: Once approved, choose how you’d like to receive your tax-free funds—whether as a lump sum, monthly payments, or a flexible line of credit. Funds are disbursed quickly, allowing you to start using them for your needs or dreams, after the final step verification process is completed by the NSBA team.
Throughout the process, our NSBA counselors provide personalized support, answering questions, clarifying options, and ensuring you feel confident in your decisions. Most applicants find the process takes 2-4 weeks from initial consultation to fund disbursement, depending on appraisal scheduling and documentation. Ready to take control of your financial future? Start your application today.
TOP HOME EQUITY LINE OF CREDIT LENDERS (HELOC)
Connexus Credit Union
Connexus Credit Union
Connexus Credit Union offers a fully online HELOC process, including automated valuations with no in-person appraisal, available in all 50 states and Washington, D.C. with easy membership access (via a $5 Connexus Association fee). Requiring a minimum credit score of 640, it provides up to 90% LTV, low introductory APR promotions (e.g., 5.99% until April 2026), and a generous 15-year draw period. With no origination fees and a fast approval process—prequalification in minutes and funding in as few as 5 days—Connexus is ideal for borrowers seeking flexible, cost-effective home equity access through a digital platform.
Figure
Figure
Figure is a non-bank online lender specializing in quick digital approvals, with rate locks in 5 minutes and funding as fast as 5 business days (versus the industry average of 37 days). Loan amounts range from $15,000 to $750,000 at competitive fixed rates, with discounts for autopay and certain credit union memberships. However, you must draw the full amount upfront (minus a 4.99% origination fee), and an appraisal may be needed for loans over $400,000. Figure serves customers nationwide except Hawaii and New York.
Upstart Mortgage
Upstart Mortgage
Upstart Mortgage provides a streamlined HELOC with a fully online process, including automated valuations (no in-person appraisal required), available in 43 states and Washington, D.C. Requiring a minimum credit score of 600, it offers up to 85% LTV and fixed rates on each draw for predictable payments. The application process is fast, with rate checks in 10 minutes and funding in as few as 3 business days (10% of loans close in 5 days or less). Upstart’s soft credit pull for prequalification, high initial draw minimum (80%), and no appraisal requirement make it an efficient choice for accessing home equity.
Pen Fed Credit Union
Pen Fed Credit Union
PenFed Credit Union delivers a fully digital HELOC experience with no in-person appraisal for loans up to $400,000, available in all 50 states and Washington, D.C. (membership open via a $5 savings account or affiliation). With a minimum credit score of 620, PenFed offers up to 85% LTV, both fixed- and variable-rate options, and no origination fees. Special perks include military rate discounts and fast closings (as little as 15 days). Prequalification is instant, and the streamlined online process makes PenFed a strong choice for accessible, versatile home equity financing.
Better Mortgage
Better Mortgage
Better Mortgage provides a fully online home equity loan process (no HELOC) with no in-person appraisals, using automated valuation models, available in 48 contiguous states and Washington, D.C. (excluding Alaska and Hawaii). Requiring a 620 minimum credit score, it offers up to 80% LTV and high borrowing limits up to $1 million with fixed rates for predictable payments. The digital platform ensures transparent pricing, no hidden fees, and support for primary, second, and investment properties. Prequalification is instant, with funding typically in 14-21 days, making it a seamless option for home equity access.
Network Capital
Network Capital
Network Capital offers a fully online HELOC with no in-person appraisal or application fees, available in all 50 states. With a minimum credit score of 660, it provides up to 80% LTV and some of the fastest closing times in the industry—as low as 14 days. The digital platform supports flexible terms, especially for self-employed borrowers, and includes no origination fees and competitive fixed rates. Prequalification takes minutes, with full funding in 14-21 days, making Network Capital a top choice for those seeking a quick, cost-efficient home equity solution.
New American Funding
New American Funding
New American Funding offers a fully online HELOC with no in-person appraisal or application fees, available nationwide. Requiring a minimum credit score of 660, it provides up to 80% LTV with fast closing times, as quick as 14 days. The digital platform offers flexible terms, ideal for self-employed borrowers, with no origination fees and competitive fixed rates. Prequalification is completed in minutes, with full funding in 14-21 days, making New American Funding a strong option for efficient, cost-effective home equity financing.
Google Sites
Report abuse