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Morty Expands with Home Equity Loans

Empowering homeowners to leverage their home's equity for financial flexibility, Morty introduces HELOCs and HELoans

Morty is proud to announce the expansion of its mortgage product offerings to include Home Equity Lines of Credit (HELOCs) and Home Equity Loans (HELoans). With these new options, homeowners can now leverage up to 95% of their home's equity to unlock financial flexibility and achieve their goals.

Homeowners seeking to make the most of their home's value can now turn to Morty's marketplace to find the equity loan that's tailored to their needs. Whether it's for home improvements, debt consolidation, or any other financial need, Morty is committed to empowering homeowners with accessible and flexible lending solutions.

Financial Flexibility:

  • Loans up to $750,000: Morty provides substantial loan amounts to meet diverse financial needs.

  • Leverage up to 95% of your home's equity: With Morty, homeowners can tap into a significant portion of their home's equity to access the funds they require.

Deal Term Flexibility:

  • Terms from 5 to 30 years: Morty offers flexible repayment terms to accommodate various financial situations.

  • Draw periods up to 10 years: Homeowners can enjoy extended draw periods, providing them with ample time to utilize their funds as needed.

  • Interest-only payments for the first 10 years: Morty understands the importance of manageable payments, offering interest-only options to ease financial burdens during the initial years.

Closing Flexibility:

  • Funding in as little as 14 days: At Morty, we prioritize efficiency, ensuring that homeowners can access their funds swiftly.

  • Fully digital experience: With Morty's seamless online platform, homeowners can complete the entire borrowing process from the comfort of their homes.

"Morty is dedicated to simplifying the lending process and empowering homeowners to achieve their financial goals," said Nora Apsel, CEO of Morty. "With the addition of HELOCs and HELoans to our product lineup, we're providing even more options for homeowners to unlock the value of their homes and take control of their finances."

Whether homeowners are looking to renovate their homes, consolidate debt, or pursue other financial endeavors, Morty's HELOCs and HELoans offer the flexibility and convenience needed to make it happen. By leveraging Morty's marketplace, homeowners can access competitive rates and personalized loan options that suit their unique circumstances.