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As home values appreciate in today’s dynamic housing market, many homeowners are exploring ways to unlock additional funds through a Home Equity Line of Credit (HELOC). One popular option? Requesting a HELOC line increase. This financial strategy allows you to leverage your home’s rising equity to access more capital—whether for renovations, debt consolidation, or other financial needs.
In this article, we’ll cover how a HELOC line increase works, what lenders consider, how to request one, and what you need to weigh before moving forward.
What Is a HELOC Line Increase?
A HELOC line increase means requesting a higher borrowing limit on your existing home equity line of credit. If your property has appreciated in value since the original HELOC was approved, you may qualify for additional credit based on your new home equity.
For instance, if your home was valued at $300,000 when you opened your HELOC and is now worth $350,000, that $50,000 in equity could support an increased credit line—subject to lender approval and underwriting criteria.
Why Consider Increasing Your HELOC?
1. Take Advantage of Rising Home Values
In many U.S. markets, property values have climbed over the past few years. A HELOC increase lets you tap into this newfound equity without refinancing your first mortgage.
2. Access More Capital
Need funds for a kitchen remodel, college tuition, or to cover unexpected expenses? A higher HELOC limit gives you flexible access to a revolving line of credit—only paying interest on the amount you use.
3. Consolidate High-Interest Debt
Using your HELOC to consolidate high-interest credit card or personal loan debt can reduce your overall interest payments.
How to Qualify for a HELOC Line Increase
To get approved for a line increase, lenders typically evaluate the following:
- Current Property Value: An appraisal may be required to determine your home’s updated market value.
- Loan-to-Value (LTV) Ratio: Most lenders cap total HELOC exposure at 80%–90% of your home’s value.
- Credit Score: A solid credit score (typically 680 or higher) improves your approval chances.
- Income and Debt: Lenders will assess your debt-to-income (DTI) ratio and current employment status.
- HELOC Usage: Responsible usage and timely payments on your current HELOC may strengthen your application.
Steps to Request a HELOC Line Increase
- Review Your Existing HELOC Terms
- Know your current limit, rate, and draw period.
- Know your current limit, rate, and draw period.
- Get a Home Appraisal
- This may be required to determine your current equity.
- This may be required to determine your current equity.
- Gather Financial Documents
- Income verification, tax returns, and a list of debts.
- Income verification, tax returns, and a list of debts.
- Submit a Line Increase Request
- Contact your lender to inquire about their process. Some may offer a streamlined application if your HELOC is in good standing.
- Contact your lender to inquire about their process. Some may offer a streamlined application if your HELOC is in good standing.
- Wait for Underwriting and Approval
- Approval times can range from a few days to several weeks.
- Approval times can range from a few days to several weeks.
Pros and Cons of Increasing Your HELOC
| Pros | Cons |
| Access more capital without refinancing | May require appraisal and fees |
| Lower interest rates compared to credit cards | Variable interest rates may rise |
| Flexible use of funds | Risk of over-borrowing or foreclosure if payments are missed |
CTA: Have questions about whether a HELOC increase is right for you? Speak with one of our lending specialists today.
FAQs About HELOC Line Increases
Will requesting a HELOC increase hurt my credit?
It may trigger a hard inquiry on your credit report, which could slightly impact your score in the short term.
Can I request a HELOC increase more than once?
Yes, but approval depends on your current financial profile and home value each time.
What happens if my property value drops after the increase?
Your lender may freeze or reduce your credit line if your LTV exceeds their thresholds.
Read Next
Explore more articles to help you make informed decisions about your home equity:
- Cash-Out Refinance vs. HELOC: Which Is Best for Homeowners in 2025?
- Comparing Cash-Out Refinance Vs HELOC
Unlock Your Home Equity with Figure
- Approval in 5 minutes. Funding in as few as 5 days
- Borrow $20K-$400K
- Consolidate debt or finance home projects
- Fastest way to turn home equity into cash
- 100% online application
Our advice is based on experience in the mortgage industry and we are dedicated to helping you achieve your goal of owning a home. We may receive compensation from partner banks when you view mortgage rates listed on our website.
