HELOC ยท Madison Heights, MI
HELOC and home equity loans in Madison Heights, MI
What owners here have in their homes, what a line of credit could reach, and the lenders who write them.
- Census home value
- $199,100
- Median value of owner-occupied homes
- Owners' monthly cost
- $1,375
- Median with a mortgage: loan, taxes, insurance (Census)
- Homes owner-occupied
- 65%
- Share of homes lived in by owners (Census)
The numbers for Madison Heights
Worked from the local figures above. Each one says what it assumes; your own numbers come from your lender, agent or title company.
Line at 85% of value
$169,000
What a lender may allow against a $199,100 home, minus what you owe on it
If you owe half the value
$70,000
The line left at 85% (85% less 50%)
HELOC nearby
Who you are dealing with
Tevin Jackson, founder of Rebuild Detroit
Tevin Jackson founded Rebuild Detroit to put Metro Detroit's homes, numbers and local pros in one place you can trust. Every figure on this Madison Heights page says where it comes from, and every pro listed is ranked the same way, by reviews, license and years in business.
- Detroit real estate investor
- Author of Against All Odds and The Spark
- Helped scale 100+ home service brands
More for Madison Heights
Selling in Madison Heights
Buying and renting in Madison Heights
Owning a home in Madison Heights
Near Madison Heights
HELOC in Madison Heights FAQ
2 questions