For every stage of life, we
have financial solutions to
fit your needs!
Our Home Equity Process *
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Fill out our 4-minute Equity Loan Application -
Capital Direct will get started on your application right away and contact you to clarify your plans. -
We’ll help you determine the equity value of your home, so you can decide how much to borrow. -
Once the evaluation is complete, we’ll prepare documents for your approval. -
Capital Direct delivers your funds.
- Five steps.
- One hour of your time.
- Get back to life.
* The entire process takes place in a week to ten days. The process above is for illustrative purposes only. It is based on the most common scenarios, however each situation is unique and processing times may vary. The location of the property and other factors may shorten or lengthen average processing times. Not all applicants will be approved, based on equity and other factors. E&OE. OAC.
What Does Great Service Feel Like?
Personalized Solutions
Flexibility
End-to-End Support
Professional and Timely Care
Trust and Security
What is home equity?
Your home equity is the key to your approval. It's the portion of your home that is yours - free and clear! You can access this equity through Capital Direct even if you haven't entirely paid off your existing bank mortgage. We don't rely exclusively on credit history or income.
Calculation: Take the value of your home minus the amount you owe on your mortgage.
Equity = Borrowing Power. To ensure that you maintain your borrowing power, it's important to keep an eye on the housing market and real estate prices.
Lend-able equity is primarily based on the equity in your home, but also takes into account factors such as:
- Ability to pay (affordability)
- How long you've lived in your home
- Proximity to urban centers, employment or recreational destinations
Your Capital Direct representative will explain which factors apply to your situation. And unlike banks, your credit rating is not the primary factor in your approval. We know that people who have accumulated equity in their homes have done so through hard work and a track record of making payments to their lender. This is all you need to get a home equity loan with Capital Direct. Use the equity in your home to get approved now!.
Your goals are closer than they appear and a home equity loan can get you to the finish line.
We’re putting our money where our mouth is. Get the lowest rate on your home equity Loan from Capital Direct®, or we’ll give you $500.
