Why Choose Avi for Your HELOC: 5 Star Service & Local Expertise in Orlando/Pensacola, FL
Welcome to Avi Bastajian Mortgage Team, we help homeowners in Orlando and Pensacola, Florida access the equity they've built with flexible HELOC loans. A Home Equity Line of credit acts like a revolving credit card secured by your home - draws funds as needed for home improvements, education, or consolidating high-interest debt. With over 24 years of lending experience, 400+ 5-star reviews on Birdeye, Experience, and Zillow, we deliver personalized, hassle-free solutions. Enjoy competitive rates and potential tax savings --discover how a HELOC can empower your finances today!
As a #1 rated lender, we've assisted thousands with HELOCs, ensuring fast funding and transparent terms. Pair it with our refinance services for even more savings.
More questions? Call us at (850) 473-0070
Ready to Unlock Your Equity? Get a Free Quote Today! Complete our secure form for a no obligation HELOC pre-qualification-soft cred pull, no impact.
HELOCs are a versatile tool for Florida homeowners, especially in growing areas like Orlando and Pensacola where property values are rising. Key advantages include:
-Flexible Access: Borrow up to 85% of your home's equity--draw only what you need, pay interest on that amount.
-Lower Rates: Lower than credit card or personal loans.
-Tax Benefits: Interest may be deductible if used for home improvements (consult your tax advisor)
-Draw & Repayment Periods: draw phase with interest-only payments. Ask Avi Bastajian and his Team for more information.
-Multi-Purpose: Fund renovations, emergencies or investments- ideal for veterans or families building wealth.
HELOCs require equity but are more accessible than you think. Basic criteria:
-Home Equity: At least 20% equity.
-Credit Score: Typically 620+, we offer guidance to boost if under.
-Income & Employment: verifiable steady income.
-Debt-to-Income ratio: Under 43% -- Avi Bastajian Mortgage Team will help you figure that out.
-Property: Primary or secondary residences in FL; appraisals confirm value.
1. Pre-Qualification: Share basics online--get an equity estimate and rate quote
2. Application: Submit docs like income proof, home appraisal, and credit report.
3. Underwriting & Approval:
4. Funding and Draw: Access your line via checks, card or transfers -- start using!
- HELOC vs. Home Equity Loan? HELOC is revolving (flexible draws): equity loans are lump-sum with fixed rates.
- Can I use it for investment properties? Sometimes, but primarily for owner-occupied homes.