New Omni

New to the U.S.

Alert: New Omni Bank will be closed on Thursday, November 28, 2024, in observance of Thanksgiving Day.

Home Equity Line of Credit

Home Equity Line of Credit

Turn your home equity into cash: Access up to $5 million.

New Omni Bank’s Home Equity Line of Credit (HELOC) provides you with quick access to cash by allowing you to borrow against your home’s equity. Home improvements, debt consolidation, and more. A gateway to flexible funds for your next big project.

What is a HELOC?​

A HELOC is a revolving credit line secured by your home. It allows you to borrow against the equity you’ve built in your property.

Think of it as a credit card, but with the borrowing limit based on your home’s equity—and typically at a much lower interest rate.

Features & Benefits

Who Can Apply Our HELOC

U.S. citizens, permanent resident aliens, and non-permanent resident aliens

Applicable Properties

Primary residences, second homes, and investment properties

Property Types

Single-family residences, 2-4 unit residential properties, planned unit developments, and warrantable condominiums

Flexible Loan Amounts

Loan amounts range from $100,000 to $5 million

High Loan-to-Value (LTV) Ratios

Borrow up to 65% combined LTV of your home’s value

Quick Access to Funds

Receive funds quickly to cover major expenses.

HELOC Solutions for Residents and Non-Residents

New Omni Bank has a rich history of assisting both U.S. and non-U.S. clients in home financing. Contact our Mortgage Specialist today to learn more or start an application!

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