Home Equity Loans with Zero Closing Costs

Q: What closing costs will I pay on my home equity loan?

You will pay ZERO closing costs with CapCenter (restrictions apply). Many lenders charge 1–3% of the loan amount when borrowing against your equity.

Q: How much can I borrow from my home equity?

Qualified applicants can borrow up to 90% of their home’s value including the existing mortgage. Actual loan amounts depend on home value, equity, credit, and income.

Q: What is a second lien, and how does it work?

A CapCenter home equity loan is a second lien (stand-alone second). Your first mortgage remains in first lien position, and the home equity loan is separate with its own rate and payment.

Q: Is an appraisal required to get a home equity loan?

Not in most cases. CapCenter typically uses automated valuation models (AVMs) to estimate your home’s value.

Q: Do home equity loans require private mortgage insurance (PMI)?

No. Home equity loans do not have a mortgage insurance requirement and will not add new PMI to your existing mortgage.

What is a home equity loan?

A home equity loan is a secured loan that lets you tap into your home’s equity by borrowing a lump sum based on the gap between your home's market value and your outstanding mortgage. Unlike refinancing, it lets you access cash for major expenses—like home improvements or debt consolidation—while leaving your primary mortgage rate untouched.

What are common reasons to get a home equity loan?

Get cash without refinancing.

Home equity loans allow you to access cash from your equity without refinancing. If you already have a great rate, a home equity loan may be a better option than a cash-out refinance.

Fund home improvements.

Many home owners will use a home equity loan to fund major home improvement projects to protect their cash or avoid high interest rates provided by contractors.

Pay down expensive debt.

Home equity loans typically provide better interest rates when compared to expensive debt like a credit card. Use the cash from your home equity loan to consolidate your debt and create a monthly budget.

Ready to get started?

Join 60,000+ homeowners that have saved thousands with CapCenter.

Apply now

Speak to an expert

Why you should choose CapCenter.

Unbelievable savings.

Most lenders charge closing costs between 1-3% of your loan amount, which can make a home equity loan expensive. CapCenter offers a ZERO Closing Cost home equity loan, giving you quick and inexpensive access to your home's equity.

Competitive interest rates.

Sure they offer Zero Closing Costs, but they probably charge a higher rate, right? The answer is no. We price our interest rates to compete with prevailing market interest rates.

Expert service.

CapCenter has been providing savings and service for over 25 years. Our team is committed to helping you reach your financial goals according to your timeline.