Proudly serving Ohio & Tennessee
What Is a HELOC?
A Home Equity Line of Credit (HELOC) allows you to borrow against the equity you have built in your home. Think of it as a revolving credit line — similar to a credit card — secured by your property.
HELOCs are ideal for home improvements, debt consolidation, education expenses, or any major financial goal. You only pay interest on what you use.
At Kimble Smith Mortgage, we help Ohio and Tennessee homeowners access their equity quickly and efficiently.
HELOC Quick Facts
- Borrow up to 85% of home value
- Only pay interest on what you use
- Flexible draw period (typically 10 years)
- Variable interest rate
- Tax deductible interest (consult advisor)
- Fast approval process
How a HELOC Works
Apply
Complete a quick application with Karinzo Smith
Get Approved
We review your equity, credit and income to determine your credit line
Draw Funds
Access your credit line anytime during the draw period
Repay
Make flexible payments based on what you have used
HELOC vs Cash-Out Refinance
| Feature | HELOC | Cash-Out Refinance |
|---|---|---|
| Access to funds | Revolving line | Lump sum |
| Interest rate | Variable | Fixed or variable |
| Best for | Ongoing expenses | One-time needs |
| Affects mortgage | No | Yes — new loan |
| Closing costs | Lower | Higher |
Do You Qualify for a HELOC?
Home Equity
At least 15-20% equity in your home
Credit Score
Typically 620+ credit score required
Income
Stable income to support repayment
Not sure if you qualify? Let's find out together.
Serving HELOC Clients Across Ohio & Tennessee
Ohio
Tennessee
Find out your home equity today — contact Karinzo Smith for a free consultation.
HELOC Frequently Asked Questions
Your Equity, Your Advantage
Find Out How Much Equity You Can Access
Your home equity is one of the most underutilized financial assets you own. Whether you're funding renovations, consolidating debt, or building a reserve, Kimble will help you access it at the best possible rate and terms.
Unlock Your Home Equity
See how much equity you can access — no obligation.
Ready to Tap Into Your Home Equity?
Contact Karinzo Smith today for a free HELOC consultation
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