Home Equity Loan (HELOAN)
Get a lump sum of cash backed by your home's equity — with a fixed rate and predictable monthly payments.
The Lowdown on HELOAN
A Home Equity Loan (HELOAN), sometimes called a second mortgage, allows you to borrow a lump sum of money against the equity you've built in your home. Unlike a HELOC, a HELOAN comes with a fixed interest rate and fixed monthly payments, making budgeting straightforward.
HELOANs are ideal when you know exactly how much you need — for a major home renovation, medical expenses, paying off high-interest debt, or funding a large purchase. You receive the full amount upfront and repay it over a set term, typically 5-30 years.
At 5S Lending, we help Florida homeowners determine whether a HELOAN or HELOC better suits their needs and connect them with competitive programs to access their home equity responsibly.
Qualification Requirements
Your Home Loan Could Be Fully Funded 30 Days From Now
Fixed Rates
Lock in your rate for the life of the loan with predictable monthly payments.
ARM
Adjustable rate mortgages with lower initial rates that adjust over time.
Conforming / Jumbo
Standard and high-balance loans for a wide range of property values.
DSCR Investor Loans
Qualify using rental income — no personal income docs required.
FHA / VA / USDA
Government-backed loans with flexible qualification requirements.
HELOC & HELOAN
Tap your home equity for renovations, debt payoff, or cash reserves.
Get Your HELOAN Rate Quote Now!
Rate & APR Disclosure (Regulation Z / TILA): All rates shown are for illustrative and informational purposes only and do not constitute a loan offer, commitment to lend, or guarantee of any rate or terms. Actual interest rate, Annual Percentage Rate (APR), monthly payment, and total loan cost will vary based on creditworthiness, loan-to-value ratio, loan program, property type, occupancy, and prevailing market conditions at the time of application and rate lock. Rates and APR are subject to change without notice and may not be available in all areas. All loans subject to credit and property approval. 5S Lending LLC, NMLS #2572142 | Personal NMLS #2182419. Licensed in FL. Equal Housing Lender.