We Make Obtaining funding Easy!

Schedule your meeting today

NC Mortgage Loan Originator

William Burton / Licensed (MLO)

Which program is right for you!

Through Lines , you can achieve multiple goals:

Secured Line of Credit (Real Estate)

Definition:
A secured line of credit is a revolving credit line that is backed by collateral, most commonly real estate. Because the lender has an asset securing the loan, secured lines often offer higher limits and better pricing than unsecured options.

Common Examples:

• HELOC (Home Equity Line of Credit) – secured by your primary home

• Investment Property HELOC – secured by a rental property

• 2nd Lien Line of Credit – recorded behind your first mortgage

• Commercial Real Estate Line of Credit – secured by a commercial building

• Blanket Line of Credit – secured by multiple properties (common for investors)

🧾 Unsecured Line of Credit (Real Estate)

Definition:
An unsecured line of credit is a revolving credit line that is not backed by property or collateral. Approval is based on your credit score, income, cash flow, and overall financial strength. Limits are usually lower and rates are often higher than secured credit lines.

Common Examples:

• Personal Line of Credit (PLOC) – based on personal credit and income

• Business Line of Credit (BLOC) – for an LLC or business operations

• Signature Line of Credit – approved without collateral, based on borrower strength

• Credit Cards (Revolving Credit) – used for smaller project expenses

• Vendor/Trade Credit Lines – net terms with suppliers (flooring, appliances, materials)

⚖️ So Which One Is Better?

Choose one of the buttons below to discover the advantages as well as the disadvantages, and this will assist me in making a more informed choice.

Secured

Unsecured