Home Equity Loans and Lines of credit

Sunmark offers options to those with little or no equity in their home. We help find the home loan that best fits your needs and budget. Use the money for whatever you'd like: college tuition, vacation, home improvements, and more.

To find the best home loan for you, take a look at our options listed below:

HomeFlex No Closing Costs Line of Credit

With Sunmark’s HomeFlex No Closing Cost line of credit, eligible borrowers enjoy a competitive introductory fixed rate for the first year with no added closing costs*. Use as much or as little of the line of credit as you need and only pay back what you actually borrow. Line amounts of up to 85% of your property value available, with a renewable 5-year period to access your line prior to a 15-year period of repayment.

HomeFlex Line of Credit

Unlike fixed loans, you don’t have to use the entire loan at once with Sunmark’s HomeFlex. You have the flexibility to use as much or as little of the line of credit as you’d like over a number of years. Sunmark’s HomeFlex provides a low fixed rate for the first five years of the loan, and you only pay back what you actually borrow. Line amounts of up to 85% of your property value available, with a renewable 5-year period to access your line prior to a 15-year period of repayment.

HomeFlex100 Line of Credit

No equity? No problem! Similar to the HomeFlex, the low rate remains fixed for five years. This line of credit offers a flexible option for homeowners who have little or no equity in their home. Borrow up to 100% equity for home improvements or other projects, and pay back only the portion of the line you use.

Home Equity Loans

Do you have some equity in your home and are looking to add on, make some improvements, or just interested in consolidating existing debt to reduce financing costs? A fixed-rate home equity loan may be the right product for you.

Home Improvement Loan

An option for borrowers who want to make small home improvements with little or no equity in their home. Borrow up to $25,000 – and enjoy a quick turnaround time that requires no appraisal.

solar Improvement Loan

An option for borrowers who want to make the switch to solar with little or no equity in their home. Borrow up to $50,000 – and enjoy a quick turnaround time that requires no appraisal.
 

*Home Equity Line of Credit must remain open for at least 36 months or the member will be obligated to pay back any and all closing costs.

 

To check the status of a current loan application, click here.