Applying for the Wealth Builder HELOC through Lendia is straightforward. Here is a step-by-step overview of the process from initial inquiry through closing.

Step 1 — Initial Consultation

Start by speaking with a Lendia loan advisor. We will review your goals, property details, income, credit profile, and assets to determine whether the Wealth Builder HELOC is the right fit and what terms you may qualify for. You can reach us at (949) 333-4636 or use our online application.

Step 2 — Application and Documentation

Once you decide to move forward, you will complete a loan application (1003) and provide supporting documentation:

• Government-issued ID
• Two years of tax returns (or bank statements for bank statement income)
• Recent paystubs or proof of income
• Two months of asset statements
• Mortgage statement for the property being refinanced (if applicable)

Step 3 — Appraisal

A full interior appraisal will be ordered through an approved AMC. For loans above $2,000,000, two appraisals are required. The appraisal determines the property value used for LTV calculation.

Step 4 — Underwriting

Your file is submitted to the wholesale lender’s underwriting team for review. Lendia manages this process on your behalf and works through any conditions that arise.

Step 5 — Closing

Once approved, you will sign loan documents at a title or escrow company. For a refinance, California’s three-day right of rescission applies before the loan funds. For a purchase, funding typically occurs on the scheduled closing date.