Wipe out high-interest debt. Keep your low mortgage rate.
Take the weight of 22%+ credit cards and high-rate monthly bills off your shoulders. Access up to $1,000,000 in equity with one simple, predictable monthly payment — leaving your original 2.5%–4% mortgage completely untouched.
"Working with OptionOne was fast and seamless. They helped me tap into equity and eliminate debt while keeping my low rate!"
— Roberto De La Rosa, Verified Google ReviewAccess up to $1,000,000 — for whatever matters most.
Wipe out 22%+ credit card debt.
Pay off high-interest credit cards and personal loans by consolidating into one predictable, low-rate second mortgage payment — and save thousands over the life of your debt.
- Consolidate multiple 20%–28% APR balances into one payment
- Predictable fixed monthly payment for 10–30 years
- Keep your existing low 2.5%–4% first mortgage intact
- Access up to $1,000,000 in one lump sum at closing
Fund major renovations.
Remodel kitchens, add square footage, install pools, or upgrade systems to substantially boost your property's value — with a fixed loan you can plan around.
- Lump sum for whole-home renovations or additions
- Fixed rate, fully amortizing — no balloon payments
- Interest may be tax-deductible when used to improve the home
- 10, 15, 20, or 30-year term options
Fund college tuition without private student loans.
Cover university tuition or professional education using your home equity — often at rates well below private student loans.
- Single lump sum to cover multi-year tuition
- Fixed monthly payment — no rate resets during school
- Any accredited college or graduate program
- Fund undergrad, MBA, medical, or law school
Grow wealth with your home's equity.
Secure capital for lucrative business opportunities, down payments on investment properties, or portfolio expansion — with fixed rates you can model.
- Down payment on investment property or 2nd home
- Portfolio diversification with predictable cost of capital
- Combined lien limits reach up to $4,000,000
- Bank Statement qualification for self-employed
Fuel your business with equity liquidity.
Bolster working capital, finance inventory, or build an emergency liquidity reserve using your home's equity — even if you are self-employed.
- 12 & 24-Month Bank Statement qualification available
- No tax returns or W-2s required for self-employed
- DTI up to 50% considered
- Fund inventory, payroll, or expansion capital
Built for homeowners who want flexibility.
Fast, transparent, and completely secure — get pre-qualified in 2 minutes with zero credit score impact.
Keep your low first mortgage rate
OptionOne sits in second lien position behind your current loan — your 2.5%–4% first mortgage rate stays untouched.
Fixed monthly payment for peace of mind
Lump sum at closing with a locked-in interest rate and predictable payment for the entire 10 to 30-year term. No balloon payments.
Options for self-employed borrowers
Full Doc and Bank Statement qualification — we calculate qualifying income from your business or personal bank deposits.
Trusted by 420+ homeowners.
Over 420+ verified homeowners and property investors trust OptionOne for fast, flexible home equity financing.
Google Rating
420+ verified reviews
Pre-qualification
Soft credit pull, no score impact
Max lump sum
Up to 90% CLTV
Get approved in 4 simple steps.
Check finances
Calculate your home equity by comparing your estimated property value against your current mortgage balance.
Set clear goals
Decide whether a Fixed Second Mortgage (up to $1M) or a HELOC (up to $500K) matches your liquidity strategy.
Prepare basic info
Gather your latest mortgage statement and income documents (W-2s, 1099s, or 12/24-month bank statements).
Apply in 2 min
Submit our quick pre-qualification with a soft credit pull — 0 impact on your credit score — and get your decision in 24 hours.
Home Equity & 2nd Mortgages: Q&A.
There are absolutely no restrictions on how you use your money. Common uses: debt consolidation (pay off 20%–28% APR credit cards), home renovations, college tuition, investments and real estate, and business cash flow or reserves.
If you locked in an existing primary mortgage rate between 2.5% and 4.0%, refinancing your entire balance in today's higher-rate environment would drive up your monthly payment by hundreds or thousands. A Second Mortgage from OptionOne sits in second position behind your current loan.
Fixed Second Mortgage: lump-sum payout up to $1M, fixed monthly payment, no balloon, best for immediate debt consolidation or one-time renovations. HELOC: flexible revolving line up to $500K, pay only what you draw, 10-year draw period, best for phased projects or on-demand liquidity.
OptionOne allows eligible homeowners to borrow up to 85%–90% Combined LTV, with combined lien limits up to $4,000,000. Example: home appraised at $1,000,000 with $500,000 owed at 90% CLTV cap = up to $400,000 in cash equity.
No. Your initial rate check uses a soft credit inquiry, which has zero impact on your credit score. A standard credit review is only conducted later during formal underwriting.
No. Your existing mortgage and new second mortgage do not need to be with the same institution. OptionOne provides standalone second mortgages that record cleanly in second lien position behind any lender nationwide.
Yes. OptionOne offers dedicated 12- and 24-Month Bank Statement qualification programs. We calculate qualifying income directly from your bank deposits — no tax returns or W-2s required.
Unlock your equity without resetting your loan.
Keep your low first mortgage rate. Get cash for what matters.
Apply in minutes
5-6 essential questions • 0 impact on credit score