*Based on total dollar amount and number of loans, according to 2021 data available at the FFIEC Home Mortgage Disclosure Act website.
Home Equity Loans
Keep your existing mortgage and get the cash you need. Learn More
Mortgage Refinance
Refinance your existing mortgage and get the cash you need. Learn More
Loan Amounts from
$35,000 to $300,000
Zero Origination Fees
Zero Appraisal Fees
Zero Cash Due at Closing
Get Your Loan Options in Minutes
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1-855-361-3435
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- Weekdays 8am–Midnight ET
- Weekends 10am–6pm ET
Get Your Loan Options in Minutes
Use our calculators & see what you think
See how much you could borrow
Pay off debt & check your savings
Check your fixed rate & payment
Turn your home equity into cash
Here's what our customers are saying
"Everyone (I mean everyone) was knowledgeable, helpful, courteous and professional. The loan process was made uncomplicated."
Sylvia W., MI, 9/15/22
"The process was easy to understand. Each person I spoke with was knowledgeable and friendly. I always knew what next steps were and the expectation for timing."
Daniel D., OH, 9/26/22
“Always kept me informed of each step of the process and the funds were expedited quickly. Helpful and courteous associates."
Reginald D., NC, 9/16/22
“Everyone (I mean everyone) was knowledgeable, helpful, courteous and professional. The loan process was made uncomplicated.”
Sylvia W., MI, 9/15/22
“The process was easy to understand. Each person I spoke with was knowledgeable and friendly. I always knew what next steps were and the expectation for timing."
Daniel D., OH, 9/26/22
“Always kept me informed of each step of the process and the funds were expedited quickly. Helpful and courteous associates."
Reginald D., NC, 9/16/22
One loan for multiple goals
- Consolidate Your Debts
- Improve Your Home
- Refinance Your Mortgage
- Pay for Major Expenses
Our debt consolidation customers erase an average of $786 off their monthly payments!1
BEFORE
$1,2541
Monthly Payments
From credit cards & loans totaling $54,591
AFTER
$468
Fixed Monthly Payments
30 yr. term $54,591 at 9.74% APR2
(excludes taxes & insurance)
Savings of $786 per month. That's $9,433 for the year!1
Find your low,
fixed rate
Use our Rate Calculator to find the rate and monthly payment that fits your budget.
Make it the home of your dreams.
Make Big Upgrades
$35,000 - $300,000 is enough money to renovate or expand your living space.
Save With Low, Fixed Rates
Get a low monthly payment and zero origination fees or cash required at closing.
Did you know?
The home equity you’ve earned can be used in a multitude of ways.
Refinance and cash out with a new rate and term.
We Have Your Needs Covered
We can refinance your original mortgage, a HELOC, or an old home equity loan.
Get a New Rate And Term
Put yourself back in control of a better financial situation. Zero origination fees.
Get your rate
in minutes
$0 Application Fees.
$0 Origination Fees.
$0 Cash Required at Closing.
Imagine what your home equity could provide.
Get Cash to Meet Your Needs
Pay the tuition of a loved one. Have the perfect wedding. Cover any healthcare bills.
Feel Secure About Your Rate
The low, fixed rate and payment you'll get from Discover won't ever change.
Did you know?
The home equity you’ve earned can be used in a multitude of ways.
Applying is simple from start to finish
Getting the Basics
Around 1-2 Weeks
Apply online or over the phone to review your loan options, then upload required documents. We’ll confirm your initial eligibility.
Processing Your Info
Around 4 Weeks
We’ll gather third-party information about your home and then send your complete application to underwriting for a final decision.
Closing Your Loan
Around 1-2 Weeks
We’ll contact you to schedule your closing and then arrange for your loan funds to be sent to your accounts.
Frequently Asked Questions
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Yes. You can submit your documents online in our secure website: DiscoverHomeLoans.com/Login. Submitting documents online will help speed up the processing of your loan request.
Our secure website also lets you view your loan status, check your To Do List, review the status of sent documents, and more!
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Everyone's financial situation differs; it is important to recognize what you can comfortably afford to borrow. In general, the loan amount you can afford depends on four factors:
- Your debt-to-income ratio, which is your total monthly payments as a percentage of your gross monthly income
- The amount of cash you have available for a down payment and closing costs
- Your credit history
- The value of the property you are purchasing
For a better understanding of how much you can afford to borrow, use Discover’s Affordability Calculator.
Your Guide to Home Lending
Learn more about product options, using your equity wisely, and the home equity market.
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Start your application online
or give us a call.
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1-855-361-3435
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- Weekdays 8am–Midnight ET
- Weekends 10am–6pm ET
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Start your application online or give us a call.
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- PO Box 29029
- Phoenix, AZ 85038-9029
RESOURCE LINKS
ALL PRODUCTS
Ad Choices
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- Home loans made by Discover Bank.
- ©2023 Discover Bank, Member FDIC | NMLS ID 684042
