Get Ahead of the Holidays: Tap Your Home Equity Early

Blog posted On November 13, 2025

The holidays are full of excitement, but they can also bring financial stress. With Thanksgiving, Black Friday, and Christmas approaching, winter expenses can add up quickly, and high-interest debt (like credit card bills) can linger well into the new year. Whether you want to purchase a home or use your home equity to ease expenses, we can help you make this season full of joy. Why don’t we take a gander at the ways that you can make the holidays work for you?

Prevent Your Holiday Financial Hangover with a HELOC

You should be celebrating and diving into the festivities this season, not stressing over credit card balances. Luckily, your home’s equity can help ease the pressure and bring a little financial relief when you need it most.

With a Home Equity Line of Credit (HELOC), you can:

• Get approved fast in the palm of your hand
• Access up to $750,000 in as little as 3 days*
• Potentially pay off debt faster and reduce interest costs over time
• Help you now and into next year with a revolving line of credit
• Keep your current mortgage rate

Don’t Let the Holiday Bills Snowball

As the year winds down, it’s a great time to take control of leftover expenses and high-interest debt. A cash-out refinance can help you use your home’s equity to start fresh before the new year.

With a cash-out refinance, you can:

• Unwrap extra cash by refinancing your existing mortgage**
• Pay off high-interest debt (expenses & credit card bills) and start the year with a clean slate
• Deck the halls (and beyond) with home upgrades
• Take advantage of a new mortgage rate (if rates have dropped)

HomeFundIt™: The Perfect Addition to Your Holiday Wishlist

We also have an option for aspiring home buyers who can’t take advantage of home equity quite yet! With HomeFundIt, friends and family can contribute directly to your down payment through a simple online campaign. It’s a meaningful way for loved ones to support your goal and help make homeownership happen faster.

• Create your online campaign in minutes
• 100% of every gift goes toward your down payment
• Personalize your campaign page with festive flair
• CMG adds a $2-for-$1 match on the first $2,000 raised***

Are you feeling ready to wrap up the year with financial confidence? We hope we’ve provided you with helpful tools and tips to tackle the upcoming holidays like the savvy consumer that you are. As always, we’re here, night and day, to help keep the holiday blues and financial hangovers away.

Source: HomeFundIt

*Your maximum loan amount may be lower than $750,000, and will ultimately depend on your home value and equity at the time of application. Three business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing.
**By refinancing the existing loan, the total finance charges may be higher over the life of the loan

***Grant is a $2-to-$1 match on regular down payment gifts received on HomeFundIt™, up to the lesser of $2,000 or 1% of purchase price for first-time buyers, as defined by Fannie Mae, who complete home buyer education prior to signing a purchase contract. Talk to your loan officer or visit your HomeFundIt dashboard for next steps, or you can also find a housing counselor near you by visiting https://www.hud.gov/counseling.

Grant funds are applied to nonrecurring closing costs. If closing costs are fully paid by seller or interested party, grant funds can be used to buy down the rate. Grant funds cannot be used towards a down payment. Visit https://www.homefundit.com/Grant for complete terms and conditions.