Your Property Details
Santa Cruz, Santa Cruz County median: $1,150,000
Santa Cruz, Santa Cruz County Market Snapshot
- Conforming Limit
- $1,149,825
- 5-Year Appreciation
- 30.0%
- Median Home Value
- $1,150,000
- Avg Annual Growth
- 6.0%
Your Equity Position
Current Equity
$460,000
Equity Percentage
40.0%
Max Total Debt at 85% CLTV
$977,500
Available HELOC Line
$287,500
HELOC Line by CLTV Tier
Max Total Debt
$920,000
Available HELOC Line
$230,000
Max Total Debt
$977,500
Available HELOC Line
$287,500
Max Total Debt
$1,035,000
Available HELOC Line
$345,000
5-Year Equity Growth Projection
Based on 30.0% historical appreciation in Santa Cruz, Santa Cruz County, California (at 85% CLTV):
| Year | Home Value | Equity | HELOC Line |
|---|---|---|---|
| Today | $1,150,000 | $460,000 | $287,500 |
| Year 1 | $1,219,000 | $529,000 | $346,150 |
| Year 2 | $1,292,140 | $602,140 | $408,319 |
| Year 3 | $1,369,668 | $679,668 | $474,217 |
| Year 4 | $1,451,849 | $761,849 | $544,071 |
| Year 5 | $1,538,959 | $848,959 | $618,115 |
Calculations are estimates for educational purposes only. Actual HELOC amounts depend on credit score, DTI ratio, property appraisal, and lender guidelines. HELOC rates are typically variable and tied to the Prime rate. Conforming loan limit for Santa Cruz, Santa Cruz County is $1,149,825 (2026 FHFA). Contact Mo Abdel at (949) 822-9662 for a personalized analysis. NMLS #1426884 | Lumin Lending NMLS #2716106.
Frequently Asked Questions
What is the maximum HELOC available in Santa Cruz, California?
Santa Cruz is in Santa Cruz County, which has a 2026 FHFA conforming loan limit of $1,149,825. With Santa Cruz's median home value of $1,150,000 and a 60% existing mortgage, you could access up to $287,500 at 85% CLTV. Enter your actual numbers above for a personalized calculation.
How does a HELOC draw period work in Santa Cruz?
A typical HELOC has a 10-year draw period where you can access funds as needed, paying only interest on what you use. After the draw period, you enter a 20-year repayment phase with principal and interest payments. During the draw period, your available credit replenishes as you repay — similar to a credit card secured by your Santa Cruz property.
Should I get a HELOC or cash-out refinance in Santa Cruz?
A HELOC is ideal if you want flexible, revolving access to equity without refinancing your first mortgage — especially if your current rate is low. A cash-out refinance replaces your entire mortgage with a new, larger loan. In Santa Cruz, with median values at $1,150,000, both options provide significant equity access. Mo Abdel can compare both scenarios with rates from 200+ wholesale lenders.
What credit score do I need for a HELOC in Santa Cruz County?
Most HELOC lenders require a minimum credit score of 680, though some wholesale lenders offer HELOCs down to 620 with compensating factors. Higher scores (720+) unlock better rates and higher CLTV allowances. With Santa Cruz's property values, strong equity positions can offset marginal credit in some programs.
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