◆ Second HELOC pre-check

Unlock the equity your first mortgage left behind.

FundIt shows in seconds how large a second home-equity line you could qualify for — up to 90% of your home's value, minus what you still owe. No cost, no credit hit, no guesswork.

Check my eligibility → See how it works
Instant estimate
Runs in your browser
$0 to check
Home value
$450,000
Estimated available line90% CLTV
$155,000
= 90% of value − your first mortgage
First mortgage
Available line
Reserved
Eligibility
Likely qualifies
90%
Max combined loan-to-value
~2 min
To see your number
$0
Cost to check
2
Numbers you need
How it works

Three steps to your number

No paperwork, no login. Just an estimate and your balance — FundIt does the math.

1
Step 1

Estimate your value

Pull a free, Clear Capital–powered estimate for your address — the same appraisal source the bank uses.

2
Step 2

Enter what you owe

Add your current first-mortgage payoff balance. It's on any monthly statement — and only you can see it.

3
Step 3

Unlock your line

See your estimated available second line instantly, with a full breakdown of the 90% math.

The calculator

See your line come to life

Type your two numbers and watch the equity bar, gauge, and breakdown update in real time.

Get your home value

The bank appraises through Clear Capital. Grab the free estimate, then bring it back here.

Open PennyMac estimator ↗

Opens in a new tab — copy the value, then enter it below.

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🔒Private by design — your numbers never leave your browser until you choose to submit.
Enter your home value to reveal your equity breakdown 📊
Understand your number

The 90% rule, visualized

Lenders cap your combined loan-to-value (CLTV) — every loan against the home, added together — at 90% of its appraised value. The slice between what you already owe and that 90% ceiling is what a second line can tap.

  • The blue slice is your first mortgage — already borrowed.
  • The teal slice is headroom up to 90% — your potential line.
  • The last 10% stays as a reserve the bank won't lend against.
$450k
home value
$250k · 55%First mortgage
$155k · 35%Available 2nd line
$45k · 10%Reserved equity
Talk to a human

Ready to make it real?

Submit your details and a specialist will confirm your eligibility, walk through rates, and map out next steps. Your calculated numbers come along automatically.

No obligation, no hard credit pull to start
A real person reviews your situation
Clear answer on what you'd actually qualify for
Questions

Good to know

Is this an actual approval? ⌄
No — it's an estimate. The home value comes from an automated model (AVM), which can differ from the bank's real Clear Capital appraisal. Your final line depends on that appraisal plus underwriting of your credit, income, and the property.
Why do I have to type my mortgage balance? ⌄
Public records only show the original recorded loan amount, never your current balance — so there's no reliable way to look it up. Your payoff figure lives with your servicer and on your statements, which is why you enter it yourself.
What does the 90% mean exactly? ⌄
It's the maximum combined loan-to-value: all loans against the home added together can't exceed 90% of its appraised value. Your available second line is 90% of value minus your first mortgage balance.
Does checking cost anything or hurt my credit? ⌄
The calculator is free and runs entirely in your browser — no credit check, no cost. A hard pull only happens later if you formally apply.