Pay off higher-interest debt
Roll several balances into one fixed payment. I'll run the numbers with you first and tell you if it doesn't make sense.
- Credit cards
- Personal loans
- Medical bills
- Auto loans
Guild HELOC* · Minnesota and Wisconsin
Keep your mortgage rate. Use your equity.
A fixed-rate home equity line of credit that sits behind your current mortgage. Borrow $25,000 to $750,000, with funds in as little as five business days.**
Pay off higher-interest debt, renovate, or cover a large expense.
- Your current mortgage and rate stay right where they are
- Fixed rate and predictable payments
- No out-of-pocket closing costs***
See what you could access
Two quick steps. No obligation, and I'll call you myself.
“Tyler explained all the industry jargon in very relatable ways. He always made sure we understood what to expect.”Marah H. · one of 500+ five-star reviews
5 business days**Funds in as little as
$25K to $750KFull amount at closing
Fixed ratePredictable payments
No out-of-pocketclosing costs***
600 and upCredit scores eligible
25 seconds with Tyler
The short version, from me
Here's how the HELOC works and who it's a good fit for. If it sounds like you, send the form and I'll call you myself.
Turn times are estimates and cannot be guaranteed. A one-time origination fee is included in the total loan amount with no out-of-pocket costs. All loans subject to underwriter approval.
What you can use it for
Four things homeowners do with a HELOC
Use your equity to consolidate high-interest debt, renovate your home, cover large expenses or reach other financial goals, all on your own timeline.
Renovate your home
Pay the contractor without touching your first mortgage or waiting until you've saved it all up.
- Kitchen or bath
- Roof and windows
- Furnace and AC
- Basement finish
Cover a large expense
When a big bill has a due date, the money is there on your schedule, with a payment you can plan around.
- Tuition
- A wedding
- Medical costs
- Major repairs
Reach other financial goals
Your equity is yours to use. If you have a plan for it, let's talk through whether a HELOC is the right tool.
- Starting a business
- An investment property
- A cash cushion
- Something else
A HELOC is secured by your home. Before you apply, I'll walk you through the payment and whether it makes sense for your situation.
Not sure which one fits you? Tell me what you're working on.
See what I could accessCall 507-837-9775Why homeowners choose it
Borrow against your home without giving up your rate
Unlike other home equity programs, this one provides your funds upfront like a personal loan, through a streamlined digital experience.
Your mortgage stays put
The HELOC is a separate loan. Your existing mortgage and its rate don't change.
Fast when timing matters
Apply online and access your funds in as little as five business days.**
A payment you can plan on
A fixed rate means predictable payments, with the option for additional draws over time.*
Compared to a cash-out refinance
| What changes | Cash-out refinance | Guild HELOC* |
|---|---|---|
| Your current mortgage | Paid off and replaced | Stays exactly as it is |
| Your current rate | Resets to a new rate | Doesn't change |
| What you add | One new, larger mortgage | A separate fixed-rate loan |
| Closing costs | Usually paid at closing | No out-of-pocket closing costs*** |
General comparison. Every situation is different, so I'll run your actual numbers on our call before you decide anything.
How it works
Three steps, and one of them is a phone call
Send the form
Name, number, and roughly what you need. That's it.
We talk for five minutes
I'll tell you what you could access and what the payment would look like. Then you apply online.
Close and get your funds
The full amount arrives at closing, in as little as five business days.**
Probably a good fit if you
- Own a home in Minnesota or Wisconsin
- Have a first mortgage you'd rather not touch
- Need roughly $25,000 to $750,000
- Have a credit score of 600 or higher
Not sure you qualify?
That's what the call is for. Equity, credit and underwriting all matter, and I'll tell you straight whether it makes sense. Sending the form doesn't commit you to anything.
What clients say
500+
five-star reviews on Google and Experience.com
“Tyler was really great to work with throughout the entire process. His communication skills and ability to answer our questions in a way that we understood was extremely helpful and reassuring. I would strongly recommend him!”
“From the very first meeting, Tyler explained all the industry jargon in very relatable ways. He always made sure we understood what to expect and the differences between our options.”
“Tyler’s knowledge and attentiveness is unmatched. Tyler was on top of things, and was a joy to work with!”
“Tyler is amazing! Best mortgage lender out there. He makes the process so seamless!”
“Tyler has been phenomenal to work with. His attention to detail and communication with numbers is very supportive and insightful! He is quick to respond to any questions and is very knowledgeable about the process. I would happily recommend Tyler and Guild Mortgage to anyone looking to purchase a new home.”
Your headshot here
Your loan officer
Hi, I'm Tyler.
I've been a loan officer in the Twin Cities for 13 years. When you send that form, it comes to me, and I'm the one who calls you back. If a HELOC isn't the right move for you, I'll say so.
13 years in mortgage lending
500+ five-star reviews
Licensed in MN and WI
NMLS #1243885
Common questions
Straight answers
Does this change my current mortgage?
No. The HELOC is a separate loan. Your existing mortgage and its rate stay in place.
Does sending the form commit me to anything?
No. It starts a conversation. I'll tell you what you could access and what it would look like, and you decide from there.
Who qualifies?
Homeowners in Minnesota and Wisconsin with enough equity and a credit score of 600 or higher. Final eligibility depends on underwriting, and I'll give you a straight read on our call.
How is this different from other home equity programs?
You receive your funds upfront, like a personal loan, at a fixed rate. There is an option for additional draws of funds over time.*
How fast is it, really?
As little as five business days. That is an estimate, not a guarantee, and I'll give you a realistic timeline on our call.**
What does it cost to close?
Nothing out of pocket. A one-time origination fee is included in the total loan amount.***
How much can I borrow?
From $25,000 to $750,000. What you qualify for depends on your home, your equity and underwriting. Credit scores of 600 and up are eligible.
What happens after I send the form?
I get it right away and call or text you, usually the same business day. We talk for a few minutes, and if it makes sense you apply online.
When timing matters, Guild's HELOC can help.
Reach out today to take the first step.