A business-purpose HELOC on a 1–4 unit home
Our HELOC program can help you access equity in an owner-occupied or investment 1–4 unit residential property, with a fixed-rate amortizing term and no prepayment penalty. State availability varies.
10, 15, 20 or 30-year terms
No prepayment penalty
Fast digital process
What this program is for
This is a business-purpose home equity line of credit offered through our programs. It is secured by a 1–4 unit residential property and is intended for a documented business use of funds—not a general consumer credit line.
Owner-occupied or investment
Primary residences and investment 1–4 unit properties may be considered. Combined loan-to-value is typically higher on owner-occupied homes (up to 90% CLTV) and lower on investment properties.
Fixed-rate, amortizing terms
Available terms are 10, 15, 20, or 30 years. The line is structured as an amortizing loan, with no prepayment penalty.
A faster digital process
The application is designed to move quickly. Eligible files may fund in as little as about 5 days, subject to underwriting, title, valuation, and any required rescission period.
Program snapshot
- Line amount: about $25,000 to $750,000 (a higher state minimum may apply in some markets).
- Terms: fixed-rate 10, 15, 20, or 30-year amortizing options.
- Prepayment: no prepayment penalty.
- Property: 1–4 unit residential, owner-occupied or investment.
- Leverage: up to 90% CLTV on qualifying owner-occupied properties; lower on investment properties and in some states or property types.
- Use of funds: business purpose, confirmed during review.
- Timing: digital process; funding in as little as about 5 days when the file is ready. Timing is not guaranteed and can be longer if an appraisal or other conditions are required.
- Availability: state availability varies, and not every property or borrower profile will qualify.
Final amount, leverage, term, fees, and timing depend on credit, occupancy, property type, existing liens, valuation, state rules, and full underwriting. This page is not a commitment to lend and does not publish pricing.
How to start
Submit a Quick Quote and select HELOC as the loan program when that choice is available, or tell us you are looking for a business-purpose HELOC. Include occupancy, estimated property value, current mortgage balance(s), the line amount you need, a credit range, and the business purpose of the funds. You can also call (772) 732-0757, Monday–Friday 9 AM–6 PM ET, or book a call.
Is this the same as the GapFunded HELOC article?
No. This page describes our HELOC program, which you can start through Levine Capital with a Quick Quote or a call to our team.
We also have an educational article on a separate GapFunded partner path for comparing other HELOC options. That path is not this program, and it is not originated on this page.
Business-purpose HELOC FAQ
What property types can be used?
This program is for 1–4 unit residential properties, including owner-occupied and investment homes. Eligibility for a specific property still depends on underwriting, valuation, existing liens, and state rules.
Can I use the funds for any purpose?
No. Funds need a documented business purpose. We will ask how the proceeds will be used as part of the review.
Is there a prepayment penalty?
No. Our HELOC program is offered with no prepayment penalty.
How much can I borrow, and at what leverage?
Line amounts are generally about $25,000 to $750,000. Qualifying owner-occupied properties may be considered up to 90% CLTV; investment properties and some states or property types have lower caps. The amount you can actually access depends on equity, credit, liens, and underwriting.
How quickly can it fund?
The process is digital, and eligible files may fund in as little as about 5 days. That is not a guarantee. Appraisals, title, documentation, state rules, and any required waiting period can add time.
Does this program exist in every state?
No. State availability varies. Submit a Quick Quote or call our team and we will tell you whether we can review a file in your state.
How do I apply?
Start with a Quick Quote or call (772) 732-0757, Monday–Friday 9 AM–6 PM ET.
Ready to review a HELOC scenario?
Send the property address, occupancy, estimated value, current mortgage balance(s), requested line amount, credit range, and the business purpose of the funds. We will review it through our programs, subject to underwriting and state availability.
Educational overview of a business-purpose HELOC available through Levine Capital programs. Not a credit offer, term sheet, or commitment to lend. No guarantee of approval, amount, leverage, rate, fees, property eligibility, savings, or timing. All financing is subject to verification, underwriting, documentation, valuation, title, state availability, and final approval. (772) 732-0757 · loans@levinecapital.com · Monday–Friday 9 AM–6 PM ET.