Home Equity Mortgage Loans

Put Your Home’s Value to Work for You​

Your home isn’t just where you live—it’s also one of your most powerful financial tools. If your home’s value has increased, you may be sitting on equity that can be used to improve your lifestyle or manage life’s big expenses.

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I’m Corey Johnson, your local Branch Manager at CrossCountry Mortgage in Tequesta, FL. Let’s explore how you can turn your equity into opportunity.

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What Is Home Equity?​

Home equity is the difference between your home’s current appraised value and what you still owe on your mortgage. You build equity over time by:

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• Making your mortgage payments

• Putting down a sizable down payment

• Benefiting from increases in home value

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That equity is real—and it can be used to fund renovations, consolidate debt, cover tuition, pay medical bills, or even plan a wedding. And unlike credit cards or personal loans, home equity loans often offer lower interest rates.

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How Does a Home Equity Mortgage Loan Work?​

It’s simple. You borrow against the value of your home that exceeds what you owe. Here’s how the process typically works:

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1. Meet with a Loan Officer — That’s me. We’ll talk about your financial goals.

2. Apply online or directly with me — Easy, straightforward application process.

3. Appraisal is ordered — We determine your home’s current value.

4. We finalize your application — Additional documents may be requested.

5. You close and access your funds — Use your equity how you see fit.

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Eligibility Requirements​

While each program is unique, lenders generally look at:

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• The amount of home equity available

• Your credit score and credit history

• Your debt-to-income (DTI) ratio

• Verifiable income and employment

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We’ll walk through it all together so you feel confident every step of the way.

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Types of Home Equity Loans & Options​

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• Home Equity Line of Credit (HELOC) – Revolving line of credit, use funds as needed

• Renovation HELOC – Specifically designed for home improvement

• CCM Equity Express – Streamlined equity access

• Reverse Mortgage / HECM – For homeowners age 62+

• Cash-Out Refinance – Replace your mortgage and access equity at once

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Need Help Estimating Your Home’s Value?

Try our free Home Value Estimator to get an idea of how much equity you may have available.

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Helpful Articles

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• What Is a HELOC?

• Cash-Out Refinance: Is It Right for You?

• What Is a Reverse Mortgage?

• What Is a Home Equity Loan?

• Debt Consolidation Loans for Bad Credit

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Ready to Tap Into Your Home’s Potential?​

Let’s unlock the value in your home to help you reach your financial goals.