Gershman Mortgage Opens New Branch Location in Waukee, Iowa
We’re thrilled to announce a new branch location recently opened in[...]
Unlock Holiday Flexibility with a Fast HELOC: Access Your Home Equity in as Little as 5 Days
As the holiday season approaches, many homeowners begin preparing their homes, budgets, and to-do lists for the busiest time of the year. What many don’t realize is just how much financial power you may already have at your fingertips, your home equity.
According to ICE Mortgage Technology, roughly 48 million mortgage holders currently have tappable equity, with the average homeowner holding about $213,000 in accessible value. A house is normally one of the largest financial assets a person owns.
Whether you’re planning updates before holiday guests arrive, consolidating high-interest debt before year-end, or hoping to create financial breathing room heading into 2026, a Home Equity Line of Credit (HELOC) offers flexibility, speed, and control.
Even better – Gershman Mortgage can help you close your HELOC in as little as 5 days, so you have access to funds when timing matters most.
What is a HELOC?
A Home Equity Line of Credit (HELOC) is a revolving credit line secured by your home’s equity. Similar to a credit card – but with typically lower interest rates – a HELOC lets you:
- Withdraw what you need, when you need it
- Make interest-only payments during the draw period
- Reuse funds as you repay them
- Access flexible financing over multiple years
This makes a HELOC an ideal tool for both planned and unexpected expenses, especially around the holiday season.
A Better Holiday Season Today, a Better Financial Year Ahead
- Pre-Holiday Home Improvements: a HELOC can help you tackle seasonal updates and upgrades quickly, such as preparing guest rooms, replacing windows or doors, completing HVAC or roof maintenance, and refreshing kitchens or bathrooms.
- Debt Consolidation Before the New Year: Consolidating high-interest credit cards or personal loans into one lower interest HELOC can reduce your total monthly payments, lower overall interest costs, and give you a clean financial slate heading into 2026.
- Holiday Travel & Family Gatherings: Because you only borrow what you need, a HELOC can help with holiday travel, large family events, and seasonal expenses that would otherwise go on high interest credit.
- Unexpected End-of-Year Needs: From emergency repairs to last minute expenses, a HELOC provides quick access to funds when surprises arise.
How Long Does It Take to Close a HELOC?
Timing is everything during the holidays. Gershman Mortgage’s expedited HELOC process – closing in as little as 5 days – means you can:
- Complete projects before guests arrive
- Take advantage of seasonal sales
- Consolidate debt before year-end
- Enter 2026 with clarity and confidence
Using Your HELOC Wisely
- Borrow only what you need
- Prioritize value-adding improvements
- Be mindful of short-term spending
- Understand your terms
- Work with a trusted lender
How Much Equity do You Have?
If you’re considering a HELOC, the first step is understanding how much equity you’ve built in your home.
Contact Gershman Mortgage today to find out how much equity you have in your home. We’re here to help you make the most of your equity this season – and beyond.
NMLS #138063 16253 Swingley Ridge Road Suite 200 Chesterfield, MO 63017 (800) 457-2357 Equal Housing Lender. This is for informational purposes only and not an offer to lend or extend credit. Subject to income and credit approval. Serving borrowers in: Alabama, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, North Dakota, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Wisconsin
