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Home Equity Loan

Need to borrow money? A second mortgage allows you to pull funds from the equity you’ve earned. There are many options. Contact our team to learn which options is best for you.

  • Piggyback (80-15-5)
    Direct Mortgage Loans offers two types of Piggyback loan solutions. A Piggyback mortgage is a combination of two loans that is optimal for borrowers looking to avoid private mortgage insurance, or keep their loan under the conforming limit.

  • HELOC (Home Equity Line of Credit)
    A HELOC Piggyback mortgage would encompass both the first mortgage and a HELOC on the property as a second mortgage lien.

  • Closed End
    Unlike a HELOC, Closed End Piggyback mortgages have specific terms (10 or 30-Years), and a fixed interest rate.

  • Stand Alone HELOC
    Home Equity Lines of Credit (HELOC) give borrowers access to funds up to the equity value of their home.

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15+ Years in Business

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Funded 13,000+ Loans

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$3 Billion in Volume

Experience for yourself why Direct Mortgage Loans has won dozens of top-industry awards

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WHAT SOME OF OUR HAPPY CLIENTS HAVE TO SAY

Simplify the loan process and get expert advice

Nicole DavidsonNicole Davidson
03:22 07 Jan 23
Direct mortgage lending company is a comprehensive wraparound service that provided us with support from beginning to end in the procedures of pursuing our new home. I would recommend them to anyone, especially if the person is a first time home buyer. The processes are user-friendly, and questions are encouraged while answers are provided in a timely fashion. Kolleen was a true support every step of the way!! What an amazing team!! Thank you to Caleb, Kyle, Veronica, Jennifer, and Jen, and all the members of the team who helped make my dreams. Come, true! And even though I know that my realtor is not a part of this team, it was because of her that this team came into my life. Enough cannot be sad for such a comprehensive network of people working in the real estate business. The housing market is better for individuals like this that have this level of dedication.
Sydney OakesSydney Oakes
19:46 05 Dec 22
Meagan Gray is amazing at what she does. Very knowledgeable, helpful, and quick at helping you through the stressful process of home buying. She made it a breeze for my boyfriend and I, who had never bought a house before.
Nea DeniseNea Denise
20:15 15 Nov 22
Andy Cynthia &Rachel are a mega team! They did everything they said they’d do to make sure we closed! We appreciate them so much for making homeownership a reality for us. We highly recommend their services!
jasminejasmine
20:01 02 Nov 22
A personal thank you to Corey Glowacki, you are awesome!! thank you to the whole team for all that you do!!! you all were wonderful!! you have made this such a positive experience for me! you guys are true professionals!!!
Angela MoralesAngela Morales
13:35 28 Oct 22
The team at Amy Wolff of Direct Mortgage loans was amazing to work with. The app for your phone makes everything so easy! They keep the lines of communication open and check in often. They got the loan closed on time and with not stress. Call them, you will be glad you did.
Meaghan LoyMeaghan Loy
22:39 19 Jul 22
11/10 for the group at DML. Savannah and Cynthia were my team and they made the entire process as painless as possible. They texted me helpful reminders and emailed me everything I needed to help me keep track. This was literally the least stressful part of buying a home which is kind of wild! I'm a single mom so the home shopping and buying process was overwhelming but I had these two amazing women cheering me on in the background and I wish they could help me with everything!
ny williamsny williams
01:20 23 Jun 22
Wanna talk about fast,detailed,and efficient?!You've definitely found the right mortgage company Mrs Vanessa and her team made my loan process quick and easy! I definitely couldn't have asked for better assistance, they truly came through for my family and i.
Larry LawsonLarry Lawson
18:01 08 Jun 22
The is a very professional company. The beginning with Monica was so smooth and she is a super person to work with throughout the whole process. Misty was fantastic and kept us informed the entire time. They always return your calls and constantly reassure you at all times. Janeth was great to work with at the end. Overall highly recommend this company to anyone who wants a honest and stress free loan.
Joe McKenzieJoe McKenzie
02:53 05 Nov 22
Corey was extremely helpful and knowledgeable about the entire mortgage process. She helped me to secure a lower rate than I expected and was very friendly throughout everything. I have already referred several friends to her and will continue to do so in the future. Choosing anyone else for your mortgage needs would be a major mistake and will cost you a lot of money in the long run. I trust her and will continue to do business with her ANY time I need a mortgage in the future.
Megan McGrawMegan McGraw
17:20 21 Oct 22
I can’t say enough good things about Corey and the DML team. We inquired about refinancing on a whim and Corey and her team did not disappoint! They communicated consistently and answered all my questions quickly. Very smooth transaction and overall an excellent experience. I have recommended Corey to several people and will continue to do so!
Melissa LarkinsMelissa Larkins
20:27 20 Oct 22
Corey and her team were with us every step up of the way. They worked diligently to make sure that we were able to have a quick closing (less than a month) and patiently guided us through the process of applying and securing necessary documents. Corey and her team responded promptly to our questions and ensured that we understood the process. During our interactions, they demonstrated professionalism but also were personable and seemed to be as excited as we were to buy our house. I highly recommend contacting Corey to assist you with your mortgage needs.
Crystal WittCrystal Witt
01:52 20 Oct 22
Corey was amazing...our Journey began 2 years ago. My credit score was poor and needed work. Corey kept in contact throughout, letting me know what was hurting my score and helped my husband and I get to where we needed to be to obtain a mortgage. I was a first home buyer and unfamiliar with the steps and process. Corey was amazing,patient and very informative answering all my questions. Today,after our 2 year journey, my husband and I closed on our first home!!!! Thank you so much to Corey and her team!! They are amazing, I would highly recommend her wether it be first home,or refinancing!! It has been a pleasure working with her!!(closing was pushed back some,but no fault to Corey and her team) Together with Corey and her team WE DID IT!!!
Devon PottsDevon Potts
21:59 19 Oct 22
It was a pleasure working with Corey. She was so wonderful and gracious to me throughout the entire process. Corey was friendly, knowledgeable, and accessible. She kept me in the loop and was readily available when I reached out to her. Corey definitely helped to make my family and I home buying experience go smoothly. If you're looking for a great home buying experience I highly recommend her services to you.
Nikki KarraschNikki Karrasch
14:39 12 Jan 22
Corey is great! She helped us with our mortgage for the purchase of our home. We could not have asked for a more responsive team! Every step of the way we received updates and always knew where our loan was in the process. We closed on time and without any issues. I definitely recommend Corey if you are looking for a mortgage professional!
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Secure a loan to purchase or refinance your home today. The application process takes less than 60 seconds.

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