Robinhood has partnered with Sage Home Loans (NMLS ID 3304) to offer HELOCs directly through its platform. In this archived livestream, Robinhood Concierge Pat Dunn interviews Sage CEO Mike Malloy on how the product works, who qualifies, and how to access it via Robinhood. Robinhood is not the lender. Sage is.
The session runs nearly 48 minutes and covers ground most product explainers skip: eligibility by state, credit requirements, how self-employed and DSCR borrowers are handled, and how a HELOC compares to a cash-out refinance. The Q&A section starting at 17:37 is where the real detail lives, including whether you can use HELOC funds to invest and how existing HELOCs interact with a new Sage loan.
If you are a homeowner evaluating home equity products, the section on rates, costs, and fees at 23:50 and the approval process breakdown at 31:07 are the parts worth your time. The full video is the primary source.
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