The home equity loan process
Learn what to expect during the home equity loan application process with Discover® Home Loans.
Mortgage Products
Looking for more information on mortgage loan basics? We've got resources on different mortgage products, the process, and what you might need to know to make a decision.
Low Fixed Rates
- Main
-
Start your application online or give us a call.
Discover Home Loans Restrictions and Details
We do not lend in IA or MD. You are not guaranteed approval. Once you apply and submit your credit and property information, we will confirm your eligibility. We don’t lend on cooperatives, condotels, investment properties, log homes, manufactured homes, mobile homes, or secondary homes. We will only originate one 1st lien mortgage per property per 12-month period. The maximum loan amount you qualify for will depend on additional factors, including type of loan, lien position, loan-to-value and your credit history. We may change rates, program terms, and conditions without notice. Discover Card accounts may not be paid off with this home loan. All loan programs are offered by Discover Bank, 2500 Lake Cook Road, Riverwoods, IL 60015. NMLS ID 684042.
Loan Payment Example Disclosure
For example, if you borrowed $60,000 for a 20 year term at 8.86% APR, your fixed monthly payments would be $534.45.
- Main
-
- PO Box 29029
- Phoenix, AZ 85038-9029
RESOURCE LINKS
ALL PRODUCTS
.svg){kind=icon}
Home loans made by Discover Bank.
©xxxx Discover Bank, Member FDIC | NMLS ID 684042
It pays to Discover