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Using Home Equity for Business

Considerations for eligible homeowners thinking about using home equity for business purposes.

Some eligible homeowners choose to put home equity to work in their business. It can be a source of capital, and it deserves a careful look.

Why owners consider it

Home equity can be a meaningful source of capital for growth, working capital, or specific projects when a business is early or its own profile is still developing.

The key consideration

Because this financing is secured by your residence, the decision carries weight beyond the business. It is worth thinking through how the payment fits your overall situation.

A measured approach

Approach it as you would any secured financing: understand the amount available, the structure, and how it fits your plans. Underwriting and eligibility depend on your specifics.

What changes when equity funds the business

ConsiderationHome-equity backedUnsecured business financing
CollateralYour propertyNo specific asset pledged
Typical amountsTied to available equityTied to cash-flow capacity
UnderwritingProperty value, liens, plus the businessBusiness revenue and obligations
Risk profilePersonal property is at stakeBusiness obligation
DocumentationProperty, mortgage, lien recordsBank statements, financials

Sizing the decision

Indicative availability(Property value × Max CLTV) − Existing liens

A frame for the choice

Weigh carefully
  • Whether the business use has a clear, measurable return
  • How the payment fits alongside existing business obligations
  • What happens to the property if the business need changes
  • Whether an unsecured structure could meet the need at acceptable cost

Related financing

Business HELOCWorking CapitalAcquisition & Expansion
Educational content. This guide is general information, not financing, legal, tax, or accounting advice, and is not an offer or a commitment to provide financing. Availability, amounts, terms, and structures vary by applicant and program and are subject to underwriting and approval.

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