Compare HELOC and Home Equity Loan Options

Discover the right way to tap into your home’s value

Your home isn’t just where you live — it’s also one of your most valuable financial assets. Whether you're planning a remodel, consolidating high-interest debt, paying for education, or simply want to access extra cash, your home’s equity can help make it happen.

At Lumina Real Estate and Lending, we offer flexible financing options designed around your goals — including a Felicia's Fast-Track HELOC that can get funds in your hands in as little as five days.

What’s the Difference?

HELOC (Home Equity Line of Credit)

Borrow what you need, when you need it
Pay interest only on the amount you use
Typically features a variable interest rate
Funds become available again as you repay
Ideal for expenses that occur over time, such as renovations or tuition
Select programs offer funding in as little as five business days

Best suited for: Flexible or ongoing expenses, home upgrades, business investments, or having cash available when opportunity strikes.

Home Equity Loan

Receive a one-time disbursement
Fixed monthly payments for the life of the loan
Locked-in interest rate
Predictable repayment schedule
Ideal for projects or expenses with a set cost

Best suited for: Debt consolidation, major one-time expenses, large purchases, or when predictability is a priority.

Why Work with Lumina?

Over 20 years of experience in both real estate and mortgage lending
Direct, transparent guidance with no fluff or pressure
Access to competitive rates and exclusive fast-track HELOCs
Deep knowledge of the Southern California market and lending landscape

Not Sure Which Option is Right for You?

Every situation is unique. That’s why we take the time to understand your goals, equity position, and timeline — then help you compare all your options with clarity and confidence.