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Home Equity

A HELOC built to shorten your mortgage, not just tap equity.

Building equity daily, not monthly.

The Wealth Builder HELOC is a first-position, SOFR-indexed home equity line that functions like a checking account — your income flows through it, interest is calculated nightly, and the structure is designed to accelerate your payoff timeline.

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Most people think of a HELOC as a second mortgage sitting behind their primary loan — a separate line you draw against when needed. The Wealth Builder HELOC works differently: it replaces your traditional mortgage structure entirely, sitting in first position and functioning as your primary transaction account.

Because your paycheck and other deposits flow directly through the account, your average daily balance stays lower than it would in a traditional mortgage-plus-checking-account setup, which reduces the interest that accrues day to day. Used consistently, that structure can meaningfully shorten how long it takes to pay off your home — without changing your spending habits.

Highlights

What makes this program work.

Structure

First-Position Line

Replaces your primary mortgage rather than sitting behind it as a second lien.

Interest Calculation

Nightly Sweeps

Interest accrues on your average daily balance, calculated nightly — deposits reduce what you owe in real time.

Liquidity

Equity Stays Accessible

Unlike a traditional mortgage, you can draw back against principal you've paid down, without refinancing.

Index

SOFR-Based Rate

Tied to a transparent, widely used market index rather than a proprietary rate structure.

Payoff Timeline

Pay Off in ~9–10 Years

The account structure is specifically designed to pay off a traditional 30-year mortgage in about 9 to 10 years, versus a standard amortizing timeline.

Property Types

Primary, Second Home & Investment

Use the Wealth Builder structure on a primary residence, second home, or investment property.

Day-to-Day Use

Functions Like Checking

Direct deposit, bill pay, and everyday spending can run through the same account.

Why It Matters To You

What this actually changes for your money.

Daily interest savings give you more control over your money
Ongoing access to equity helps you fund renovations, consolidate debt, or cover expenses
You avoid refinancing when you want to change your payment strategy
You avoid prepayment penalties

Who This Loan Fits Best

Is this the right fit?

You earn more than your monthly expenses and want your extra income to work harder
You manage your money well and feel comfortable using your cash flow to reduce your balance
You want to pay off your home faster and save on long term interest
You value equity growth and want flexibility to access funds without starting a new loan

Sample · Illustrative Only

Accelerated Payoff Example

Example only — actual figures depend on your loan amount, income flow, and rate at the time of origination.

Common Questions

What borrowers ask about this program.

How is this different from a traditional HELOC?

A traditional HELOC is a second lien sitting behind your primary mortgage. The Wealth Builder HELOC sits in first position and replaces your mortgage entirely, functioning as your main transaction account with nightly interest calculations.

Do I have to run my direct deposit through this account?

The strategy works best when income flows through consistently, since that's what keeps your average daily balance — and therefore your interest — lower. Tom can walk through exactly how this fits your situation.

What are the risks?

Because it's a variable, SOFR-indexed line rather than a fixed-rate mortgage, payments can fluctuate with the market, and it requires disciplined cash flow management to see the payoff benefit. This is a meaningful structural change from a traditional mortgage and is worth a full conversation before switching.

How fast can this pay off my mortgage?

The structure is designed to pay off a traditional 30-year mortgage in roughly 9 to 10 years, depending on your income flow and how consistently it runs through the account. Actual results vary by borrower.

Are there prepayment penalties?

No — the Wealth Builder HELOC does not carry prepayment penalties, which is part of what makes the accelerated payoff strategy work without added cost.

Can I use this on an investment property?

Yes — it can be used on a primary residence, second home, or investment property.

Can I still get a fixed rate this way?

This product is variable-rate by design — if payment certainty matters more to you than payoff acceleration, a traditional fixed-rate conventional or jumbo loan may be the better fit.

Ready to talk through your scenario?

Tom will walk you through real numbers for your situation — no pressure, no obligation.

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