Simplify your workflow with end-to-end digital management
HomeEQ is a fully digital platform that transforms your workflow, allowing you and your clients to manage everything online from application all the way through funding. Complete your broker agreement and comp form to start offering HomeEQ today.
Experience the HomeEQ process
and speed
View our quick demo that shows how the HomeEQ process takes clients from application to approval in just minutes.
HomeEQ Product Features
- Borrower-Driven Digital Process: The application, underwriting, and funding are completed primarily by the borrower online, ensuring ease and convenience.
- Fast Funding: From application to funding in as little as 5 days.
- Wide Loan Amount Range: Loans available from $25,000 to $350,000.
- Low Credit Score Requirements: Starting at 640 for qualified borrowers.
- Flexible Terms: 3 or 5-year draw periods with up to 30-year repayment options.
- Adjustable Rate: Tied to the Prime Rate, ensuring competitive pricing.
Broker Benefits
- Expand Your Offerings: Provide clients with a fast, digital HELOC solution.
- Increase Revenue: Earn 2% broker compensation* on every funded loan with a 90% draw required at funding, ensuring higher volume for brokers.
- Save Time: Automated underwriting and processing streamline the entire process.
- Differentiate Yourself: Offer a cutting-edge, fully digital HELOC to stand out in the market.
- Marketing Support: Access Arc Home’s customizable marketing tools to promote HomeEQ.
*The Broker Compensation percentage listed above shall be reduced to the extent necessary or advisable, in Arc Home’s sole discretion, to comply with applicable state or federal laws including but not limited to laws relating to high cost and usury limitations.
FAQ
- What is HomeEQ?
HomeEQ is a division of Arc Home, offering a fully digitized Home Equity Line of Credit (HELOC) program. This digital HELOC allows homeowners to access their home equity quickly and conveniently through a seamless, all-digital process. The entire process—from application to funding—can be completed in as little as 5 days, offering unparalleled speed and efficiency.
- When will the digital HELOC from HomeEQ be available?
The digital HELOC from HomeEQ is set to launch in October. Brokers will be able to start offering this innovative solution to their clients at that time.
- What do I need to do to offer this digital HELOC to my clients?
Whether you're a current Arc Home partner or interested in joining us, offering HomeEQ is simple. Current clients can complete the broker agreement and send it to their dedicated Arc Home Account Executive or email it to counterpartysubmissions@archome.com. If you're interested in becoming a partner of Arc Home and offering HomeEQ, click here to get started.
- Why should I add this digital HELOC to my product offerings?
Adding this digital HELOC from HomeEQ to your product set gives you a competitive edge by providing a fully digital, fast, and flexible solution. It allows you to meet the growing demand for quick and easy access to home equity, helping you attract and retain more clients.
- How can I learn more about this digital HELOC?
To learn more about this digital HELOC from HomeEQ and how it can benefit your business, fill out the form on this page. We’ll provide you with all the information you need to be ready for the October launch.
HomeEQ, a division of Arc Home, is currently not licensed in HI, MO, NV, NY and TX. Licensed by the California Department of Financial Protection & Innovation and transacting business under the California Residential Mortgage Lending Act License. We're actively working to expand our licensing, so please check back often as we continue to add more states.