5-Day Digital HELOC
Application to funding in as few as 5 business days.
Apply in 5 minutes. Income verified through Plaid — often no paystubs or W-2s needed. eNotary closing from home. Up to $750K with no out-of-pocket costs. Available on primary residences, second homes, and investment properties.
- ✓Fund in as few as 5 business days
- ✓No appraisal in most cases
- ✓Self-employed and business owners welcome
- ✓Investment properties and LLC ownership eligible
- ✓Keep your existing low mortgage rate
- ✓Up to 3rd lien position - even if you already have a 2nd
Why do you need a HELOC?
Select the primary reason you want to access your home equity.
Updated April 2026 | Randy Mathis, NMLS# 1516760
Key Facts
The 5-Day HELOC is an expedited home equity line of credit that can fund in as few as 5 business days. Streamlined underwriting with digital verification and potential appraisal waiver for qualifying properties. Available in all 15 states where Randy Mathis is licensed.
TL;DR
- • Fund in as few as 5 business days — fastest digital HELOC available
- • Credit scores from 600 (primary) or 680 (investment)
- • $25K – $750K with no out-of-pocket costs
- • No appraisal, no paystubs, no W-2s in most cases
- • Self-employed? Link your business bank account to qualify
- • Doesn't replace your first mortgage — keep your existing low rate
- • Up to 3rd lien — even if you already have a 2nd mortgage
Last updated: April 2026
HELOC Basics
What is a HELOC?
A HELOC is a Home Equity Line of Credit. It lets you borrow against the equity you've built in your home — the difference between what your home is worth and what you owe on it. Read our complete HELOC guide for a deeper look at how the 5-day process works from start to finish.
A HELOC doesn't replace or change your first mortgage. It sits behind it as a 2nd or 3rd lien. Your monthly payment is based only on what you draw, not your full credit limit. Not sure whether a HELOC or a cash-out refi is right for you? See how HELOCs compare to cash-out refinancing.
The full amount is disbursed at closing, then as you pay it down, you can redraw up to 100%of your credit limit during the draw period. Each redraw gets its own rate — no new credit pull needed.
Married? In most states, we can use both incomes to qualify while using the higher credit score.
Funds can be used for anything — no restrictions.
Our HELOC at a Glance
FUNDS IN AS FEW AS 5 DAYS
Fastest digital HELOC available
NO APPRAISAL
Automated valuation (AVM) in most cases
NO PAYSTUBS OR W-2s
Income verified through Plaid - link your bank
CREDIT SCORES FROM 600
680+ for investment properties
UP TO 3RD LIEN
Even if you already have a 2nd mortgage
UP TO $750,000
No out-of-pocket costs
INVESTMENT PROPERTIES
Secondary and investment properties welcome
LLC ELIGIBLE
700+ credit, 25%+ ownership, non-primary
SOFT PULL FIRST
No impact to your credit until you decide to proceed
NO PREPAYMENT PENALTY
Pay off your line anytime
How It Works
The entire process is designed to be as fast and simple as possible. Most borrowers complete the application in under 10 minutes.
Pre-Qualify
~2 min
Soft credit pull - see your offers in seconds with no impact to your score. Choose your amount, term, and rate.
Verify Income
~3 min
Link your bank account, tax returns, or payroll through Plaid. Self-employed? Link your business account. Multiple options available.
Verify Identity
~1 min
Upload a photo of your driver's license, passport, or state ID. All four corners visible, no glare.
eNotary Closing
~15 min
Sign your documents via a live video call with a notary. Available 7 days a week. No in-person meetings.
Get Funded
ACH deposit
After the rescission period (3 business days for primary residences), funds are deposited via ACH to your linked account.
Self-Employed Friendly
6 Ways to Verify Your Income
No paystubs? No W-2s? No problem. We accept multiple forms of income verification — you only need one that works for you.
Link Your Bank Account
Connect your personal checking account through Plaid. Our system analyzes your deposits and calculates your income automatically. Most common and fastest method.
Link Your Business Account
Self-employed? Connect your business banking through Plaid. Our system calculates net business income from your transaction patterns. Requires 680+ credit score.
Link Investment / Retirement Accounts
Use your 401(k), IRA, Roth, brokerage, savings, money market, or CD accounts to qualify. Under 59.5? We can use 70% of your retirement balance.
Link Tax Returns
Connect your tax preparer (TurboTax, H&R Block, etc.) or IRS.gov account. We verify from your most recent filing year. 2 years required for self-employed.
Link Payroll Provider
Connect through your payroll provider (ADP, etc.) for instant verification. Need at least 3 paystubs, one within the last 5 weeks.
Upload Documents
Upload your most recent paystubs, Social Security award letters, VA award letters, or pension documents. Manual review by our operations team.
Married? In most states, your spouse's income can be included even if they're not on the application. We use both incomes with the higher credit score to maximize what you qualify for.
Why Choose the 5-Day Digital HELOC?
Fund in as Few as 5 Days
Most funding is initiated within 5 business days. Apply in about 5 minutes, verify income digitally, eNotary closing, and ACH funding.
100% Online Process
Apply from your couch. Income verified through Plaid, documents signed via eNotary video call, funds deposited via ACH. No branch visits.
No Appraisal (Most Cases)
Automated valuation (AVM) handles it instantly. Full appraisal only required on loans over $400K. Saves you time and money.
Self-Employed Friendly
No paystubs or W-2s needed in many cases. Link your bank account or business account through Plaid. Multiple ways to verify your income.
Up to $750,000
Borrow from $25,000 to $750,000 with terms of 10, 15, 20, or 30 years. No out-of-pocket costs - origination fee is included in the loan.
Keep Your Low Mortgage Rate
A HELOC sits behind your existing mortgage. Keep your current low rate intact while accessing your equity. No refinance needed.
For Real Estate Investors
HELOC on Investment Properties
- ✓Secondary and investment properties eligible
- ✓680+ credit score required
- ✓Up to 70% CLTV on investment properties
- ✓No 3-day rescission period on investment properties — funding can be faster
- ✓Use equity from one property to fund the down payment on your next
- ✓Duplexes, 3-4 unit, and single-family investment all eligible
For LLC Property Owners
HELOC on LLC-Held Properties
- ✓Properties held in an LLC are eligible
- ✓700+ credit score required
- ✓Minimum 25% ownership in the LLC
- ✓Certificate of Good Standing required
- ✓Non-primary (investment) properties only
- ✓Most investors hold properties in LLCs for liability protection — we work with that
How You Can Use Your Home Equity
A HELOC gives you flexible access to your equity for whatever you need — without refinancing your existing mortgage. No restrictions on how you use the funds. Visit our full HELOC page for program details, rates, and eligibility.
Home Renovations
Fund your kitchen remodel, bathroom upgrade, or addition. Your improvements build more equity on top of the equity you borrow.
Debt Consolidation
Pay off high-interest credit cards and personal loans. We can even pay off debts during closing to help you qualify.
Investment Property Down Payment
Use your primary home equity to fund the down payment on your next rental property. Build your portfolio faster.
Business Capital
Access funds for your business without a business loan. Lower rates than most business lines of credit.
Emergency Fund / Cash Reserve
Have funds available when you need them. You only pay on what you draw - your unused credit limit costs nothing.
Education, Medical, or Life Events
Cover tuition, medical expenses, weddings, or any major life event. No restrictions on how you use the funds.
Qualification Requirements
See if you qualify. Start with a soft credit inquiry — no impact to your credit score.
Qualification details may vary based on credit profile, property location, and loan amount. Contact Randy for a personalized assessment.
Meet Your HELOC Specialist
Randy Mathis
Executive Branch Manager | Lumin Lending Inc.
NMLS# 1516760 | DRE# 02236644
As a wholesale mortgage broker with access to over 90 lenders, I don't just offer one HELOC product. I compare options across multiple lenders to find the right fit for your situation — whether that's a primary residence, investment property, or LLC-held asset.
I specialize in scenarios other lenders turn away. Self-employed with complex income? Property in an LLC? Already have a 2nd mortgage? I'll find a path to get your equity working for you.
Licensed in 15 States Nationwide
Wherever you own property, I can help. HELOCs available on primary residences, second homes, and investment properties across all licensed states.
Frequently Asked Questions
How can a HELOC close in 5 days?
What are the requirements for the 5-Day HELOC?
Is the 5-Day HELOC rate competitive?
Can I use the 5-Day HELOC for debt consolidation?
What states is the 5-Day HELOC available in?
Timing may vary based on borrower qualifications and loan conditions. Appraisal may be required in certain circumstances. Subject to credit approval. Your home is used as collateral and may be at risk if you do not repay. APR, terms, and repayment structure vary by product.
Ready to Tap Your Equity?
Answer 4 quick questions above to get started. Get funded in as few as 5 business days. No out-of-pocket costs. Keep your existing low mortgage rate.
Randy Mathis | NMLS# 1516760 | Lumin Lending Inc. NMLS# 2716106