Variable-Rate HELOC: Access Cash Quickly, Repay on Your Terms
A variable-rate Home Equity Line of Credit (HELOC) offers flexible access to your home’s equity whenever you need it, with interest rates that change based on market conditions. It’s a smart choice for short-term or occasional borrowing—especially if you plan to pay it off quickly.
VARIABLE-RATE HELOC
See What a Variable-Rate HELOC Can Do for You
If you’re looking for a flexible way to tap into your home’s equity, a variable-rate HELOC from Phan Lending LLC could be the perfect solution. Unlike fixed-rate loans, the interest rate can adjust over time—potentially benefiting you when borrowing for smaller or short-term expenses.
Flexible borrowing for unexpected or occasional expenses
Rates may adjust with the market
Use funds as needed during your draw period
Variable-Rate HELOC Benefits
Short-Term Savings
Perfect for homeowners who value flexible repayment options and can pay off their balance quickly.
Borrow Up to $500,000
Unlock the funds you need by leveraging your home’s equity.
Ongoing Access to Cash
Access your home’s equity as often as you need during the draw period—no need to reapply for a new loan each time.
Interest-Only Payment Option
Improve your cash flow by making interest-only payments during the draw period.
Lower Initial Rates
Variable-rate HELOCs typically offer lower initial interest rates than fixed-rate loans, allowing you to save money upfront.
Fast Funding
Get your funds in as little as 11 days.*
Flexible Uses
Easily use your funds for home improvements, debt consolidation, tuition, or other short-term expenses.
Qualify With As Low As a 640 FICO
You don’t need perfect credit to qualify for a variable-rate HELOC.
Variable-Rate HELOC: Built for Flexible, Short-Term Borrowing
With a variable-rate HELOC from Phan Lending LLC, you’ll get more than just access to the cash you need. You’ll also benefit from a trusted lender with deep home equity expertise, a dedicated team guiding you every step of the way, and a smooth, hassle-free approval process.
Payments
Adaptable Financing
Your rate moves with the market, providing flexibility to borrow whenever you need it most.
Savings
Quick Access to Funds
Access cash whenever you need it, on your terms.
Value
Smart for Short-Term Needs
Ideal for projects or expenses you can repay quickly, letting you take advantage of a lower initial rate.
Frequently Asked Questions