Apply for a Business HELOC
A business-purpose home equity line of credit for owners who want to put their home equity to work in their business. A few quick questions so we can check your prequalified offers and get your application started. Nothing here affects your credit score. Fields marked * are required.
Applicant
Use your legal name and date of birth exactly as they appear on your unexpired government-issued photo ID. A mismatch means the application has to be restarted.
Property being financed
The property the line of credit will be secured against.
Current mortgages
Every loan secured by this property. Your latest statement has all of it. This drives how much you can borrow, so please be exact.
First mortgage
Second mortgage or existing HELOC (if any)
Employment and income
Report gross annual income before taxes, including bonus and overtime. Annual, not monthly — that mix-up is the number one reason a file comes back with no offers.
What you're looking for
The line funds 100% at closing and works like a revolving line as you pay it down. No out-of-pocket costs, no prepayment penalty. Funds must be used for your business.
Authorization and signature
Review the terms below, check the box to agree, then sign and date.
- Soft credit check. I authorize LendNav and its lending partners to obtain my credit report through a soft inquiry, which does not affect my credit score. If I continue to a full application, a hard credit inquiry will be requested, which may affect my score.
- Accuracy. The information above is true and complete to the best of my knowledge, and my legal name and date of birth match my government-issued ID.
- Sharing and electronic delivery. I authorize LendNav to share this information with its lending partners to obtain offers and submit an application on my behalf, and I consent to receive documents and communications electronically.
- No fee, not an application. LendNav charges me nothing to review my options. This questionnaire is not an application or a commitment to lend, and all terms are subject to underwriting, verification, and property valuation.
- Business purpose. I will use these funds only for business purposes and not for personal, family, or household use. Our lending partner may ask me to confirm this in writing.
- Contact about my request. LendNav may call, text, and email me at the phone number and email I provided about this request and my application, including calls and texts sent using automated technology. Message frequency varies. Message and data rates may apply. Reply STOP to opt out or HELP for help.
Send it to us
We run a soft credit check the same day and call you with the amounts, terms, and payments available. Most people finish the online application in about 15 minutes after that, and funding usually lands within five business days of closing.