HELOC Explained: Access Home Equity Through Robinhood & Sage

Thinking about a Home Equity Line of Credit (HELOC)? In this archived livestream, Robinhood Concierge's Pat Dunn sits down with Sage Home Loans CEO Mike Malloy to break down exactly how HELOCs work, who qualifies, common use cases, and what homeowners should know before applying. Chapters: 00:00 Welcome & Introduction 00:41 Important Disclosures 1:26 Agenda & Meet Mike Malloy 4:06 HELOC Basics: What They Are & How They Work 5:44 Common Uses for a HELOC 6:34 Why Sage? Features & Benefits 11:00 Eligibility Requirements & State Availability 12:13 Accessing Sage Loans Through Robinhood 17:37 Q&A: Existing HELOCs & Loan Transfers 20:03 Q&A: Using a HELOC to Invest 23:50 Q&A: Rates, Costs & Fees 25:40 Q&A: New Builds & Second Homes 31:07 Q&A: Approval Process & Credit Requirements 39:38 Q&A: Portfolio Loans, DSCR & Self-Employed Borrowers 44:28 Q&A: Rental Properties, Income Verification & Draw Periods 46:40 Q&A: HELOC vs. Cash-Out Refinance 47:31 Closing Remarks Robinhood has partnered with Sage Home Loans to power home financing options for members. Sage Home Loans operates as an independent third-party mortgage provider. Robinhood facilitates access to the service and provides educational support, while all home financing and loan services are provided solely by Sage Home Loans Corporation (NMLS ID #3304). Robinhood is not a lender. View Disclosures Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker dealer (member SIPC), and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC). Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC. 5587536