HELOC – Home Equity Line of Credit
Simple access to your home equity
GMFS Mortgage HELOC provides a fast, streamlined process designed to help you access your home’s equity with confidence. Backed by trusted expertise and a process built around you.
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What is a HELOC?
A home equity line of credit (HELOC) is a second mortgage that lets you access a flexible line of credit, secured by the equity in your home, with an adjustable interest rate. Think of it like a credit card for homeowners—you borrow what you need and pay interest only on what you use.
This product is available for eligible properties in Alabama, Louisiana and Mississippi only.
Consolidate Debt
Are you juggling credit cards, personal loans, or other high-interest debts? A home equity loan can help you consolidate your debt, lower your interest rates, reduce your monthly payments, and pay off what you owe faster.
Make a Large Purchase
Planning a home remodel or facing a big repair bill? Tap into your home equity to access the cash you need—without changing your current interest rate.
Use as You Wish
Our home equity product gives you the flexibility to access cash for whatever you need. There are no restrictions, and GMFS offers interest rates lower than typical credit cards. Whether it’s paying bills, taking a vacation, or making a down payment on a car—the choice is yours.
Expert Guidance
Get Pre-Qualified Fast
See how much you could qualify for —no obligations, no hassle.
Competitive Rates and Up to $750,000 with Term Options of 10, 15, 20 or 30 years
No Upfront Costs and 100% of Your Approved Line is Available at Closing
Apply Online – Easy 5 Minute Application
The Variable Rate Home Equity Line is an open-end product where the full loan amount (minus the origination fee) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on the selected rate at application and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the initial draw, plus a stated margin; however, the rate and payment will adjust monthly based on the market and the fluctuation of the Index subject to a Rate Cap and Rate Floor. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. The index can change at any time and the unpaid balance of all draws are subject to the monthly variable rate. Accordingly, variable rates are based on the market and may change after account opening. Additional terms, fees, and state-specific requirements apply. Full disclosures available upon request
Meet Your HELOC Experts
GMFS Mortgage Loan Officers
Lafayette, LA
Alabama, Arkansas, Florida, Louisiana, Mississippi, Tennessee and Texas
Baton Rouge, LA
Alabama, Florida, Louisiana, Mississippi, South Carolina, Tennessee and Texas
Covington, LA
Alabama, Florida, Georgia, Louisiana, Mississippi, Tennessee and Texas
What Sets Us Apart
A Lender Who Cares
With GMFS Mortgage, you’re not just getting a loan—you’re getting a team that’s all in, every step of the way.
Established
Since 1999, we’ve helped over 150,000 people across 23 states become homeowners.
Efficient
Everything from processing to closing happens under one roof. That means fewer hiccups…and more high-fives.
Trusted
A+ BBB rating. Torch Award for Marketplace Trust. A reputation built on doing the right thing.
Experienced
Our team averages 14+ years in the industry—and a lifetime of showing up for our clients.
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Here to Help Make Home Happen
Our team of experienced mortgage professionals is ready to guide you through every step of your home financing journey. From application to closing, we’re committed to providing the personal attention and expert support you deserve.