HELOC Rates New YorkBest NY Home Equity Line of Credit Rates

Compare home equity line of credit (HELOC) rates in New York

(Last Updated: 04/03/2026)
Home Equity Lenders
APR
Rate
Initial Draw
 Contact details
6.240% Intro APR
6.240% After Intro PeriodIntro Period: 0 months		 6.240% Rate $0 Min. Initial Draw Amount
Conditions:
Conditions… Variable APR of Prime minus .51% in all states. Min loan amount $10,000. Max loan amount $300,000. 30-year term. Annual fee of $275. See conditions for guarantee at thirdfederal.com.
  • Third Federal rate are typically 20% lower than other leaders
  • Guaranteed Lowest Rate
  • No closing costs, prepayment penalties, or minimum draw requirements
  • 10 year draw period
6.750% Intro APR
6.750% After Intro PeriodIntro Period: 0 months		 6.750% Rate $25,000 Min. Initial Draw Amount
Conditions:
This is not a pre-approval or an offer of credit. This is an invitation to apply and to qualify for a loan you must meet our credit and other requirements. Applicants are required to complete an application, provide income, mortgage statement, property hazard insurance, and a photo ID. Approval is contingent upon application and is not guaranteed. We will not extend credit if we cannot verify that your credit profile, debt, income, identity, property value, home equity, and title meet our underwriting criteria. Loan terms, rates, and fees are subject to change. Rates and terms may vary and depend on credit score, CLTV (combined loan-to-value), property type, occupancy and loan terms. These results are for informational purposes only. FBKC’s Home Equity Line of Credit (HELOC) has a 20-year repayment term. The first 10 years will be the Draw period with the interest rate based on the Prime Rate published by the Wall Street Journal plus a margin and allows for an interest only payment to be made during the draw period. If a balance is owed after the draw period concludes, the interest rate will become fixed for the remaining 10 years and will be based upon the Prime Rate published by the Wall Street Journal plus a margin. Offer APRs assume automatic payment enrollment which provides a .50% discount (autopay enrollment is not a condition of loan approval). Origination fee is discounted to $397.50 with autopay enrollment. The HELOC interest rate floor is 5% and ceiling is 18%. Our minimum line amount is $25,000 and maximum line amount is $350,000. The minimum draw amount is $25,000 or half of the maximum line amount, whichever is greater. HELOCs require you to pledge your home as collateral, and you could lose your home if you fail to repay. Offers, are subject to change without notice. Repayment begins 30 calendar days after funding. FBKC also offers fixed rate Home Equity Loans (HELOAN). Rates vary depending on credit, CLTV, property type, occupancy and loan terms.
  • Customized Rate Quote
  • 24/7 Online Borrower Portal
  • Streamlined Online Application
  • Up to 100% LTV
6.950% Intro APR
6.950% After Intro PeriodIntro Period: 0 months		 6.950% Rate $15,000 Min. Initial Draw Amount
Conditions:
Available APRs range from 6.35% - 14.90%*, which includes the payment of a higher origination fee in exchange for a reduced interest rate, which is not available to all applicants or in all states.(the advertised APR includes a combined 0.25% discount for opting into a credit union membership (0%) and enrolling in autopay (0.25%) as well as payment of higher origination fee in exchange for a reduced rate, which is not available to all applicants or in all states). The lowest APRs are only available to the most qualified applicants, depending on credit profile and the state where the property is located, and those who also select five year loan terms; APRs will be higher for other applicants and those who select longer loan terms. Rates change frequently so your exact APR will depend on the date you apply. APRs for home equity lines of credit do not include costs other than interest. You will be responsible for an origination fee of up to 4.99% of your initial draw, depending on the state in which your property is located and your credit profile. You may also be responsible for paying the costs of valuation if an AVM is not available for your property ($180), manual notarization if your county doesn’t permit eNotary ($380), and recording fees ($0 - $315) and recording taxes, which vary by state and county ($0-$1,400 per one hundred thousand dollars borrowed). Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone.
  • Flexible terms, borrow $15K-$750K, redraw up to 100%
  • Use to consolidate debt or finance your next home project
  • 100% digital app & automated valuation
  • Largest non-bank HELOC lender in the US
6.950% Intro APR
6.950% After Intro PeriodIntro Period: 0 months		 6.950% Rate $15,000 Min. Initial Draw Amount
Conditions:
Available APRs range from 6.60% - 14.15*, which includes the payment of a higher origination fee in exchange for a reduced interest rate, which is not available to all applicants or in all states.(The advertised APR includes enrolling in autopay (0.25%) as well as payment of higher origination fee in exchange for a reduced rate, which is not available to all applicants or in all states). The lowest APRs are only available to the most qualified applicants, depending on credit profile and the state where the property is located, and those who also select five year loan terms; APRs will be higher for other applicants and those who select longer loan terms. Rates change frequently so your exact APR will depend on the date you apply. APRs for home equity lines of credit do not include costs other than interest. You will be responsible for an origination fee of up to 4.99% of your initial draw, depending on the state in which your property is located and your credit profile. You may also be responsible for paying the costs of valuation if an AVM is not available for your property ($180), manual notarization if your county doesn’t permit eNotary ($380), and recording fees ($0 - $315) and recording taxes, which vary by state and county ($0-$1,400 per one hundred thousand dollars borrowed). Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone. Consumers wishing to file a complaint against a mortgage company or a licensed residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage company.
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5.990% Intro APR
7.000% After Intro PeriodIntro Period: 12 months		 7.000% Rate $25,000 Min. Initial Draw Amount
Conditions:
Rates and terms are subject to change without notice. All offers of credit are subject to credit approval requirements and applicants may be offered credit at higher rates and other terms. Loan-to-Value (LTV) and/or Combined LTV (CLTV) restrictions apply. Hazard insurance is required on all loans secured by real property (flood insurance may also be required where applicable). Consult a tax professional regarding the potential deductibility of interest. FourLeaf does not currently offer HELOCs in Texas or for cooperative (co-op) properties. Membership at FourLeaf is required by opening a minimum $5 share savings account at or prior to HELOC account opening. https://www.fourleaffcu.com/personal/heloc-disclosures/
  • Tap into your home's equity & access the funds you need with a HELOC
  • Apply online or speak with a specialist
  • No application, origination & appraisal fees on lines up to $500K
2.990% Intro APR
7.500% After Intro PeriodIntro Period: 6 months		 7.500% Rate $10,000 Min. Initial Draw Amount
5.740% Intro APR
8.890% After Intro PeriodIntro Period: 6 months		 8.890% Rate $0 Min. Initial Draw Amount
3.990% Intro APR
7.000% After Intro PeriodIntro Period: 4 months		 7.000% Rate $0 Min. Initial Draw Amount
9.000% APR 9.000% Rate $0 Min. Initial Draw Amount
5.740% Intro APR
8.250% After Intro PeriodIntro Period: 12 months		 8.250% Rate $25,000 Min. Initial Draw Amount
4.500% Intro APR
7.750% After Intro PeriodIntro Period: 6 months		 7.750% Rate $0 Min. Initial Draw Amount
9.250% APR 9.250% Rate $0 Min. Initial Draw Amount
3.990% Intro APR
7.750% After Intro PeriodIntro Period: 12 months		 7.750% Rate $0 Min. Initial Draw Amount
7.500% APR 7.500% Rate $0 Min. Initial Draw Amount
1.990% Intro APR
8.250% After Intro PeriodIntro Period: 6 months		 8.250% Rate $10,000 Min. Initial Draw Amount
8.140% APR 8.140% Rate $0 Min. Initial Draw Amount
5.740% Intro APR
7.500% After Intro PeriodIntro Period: 12 months		 7.500% Rate $30,000 Min. Initial Draw Amount
7.750% APR 7.750% Rate $0 Min. Initial Draw Amount
8.000% APR 8.000% Rate $0 Min. Initial Draw Amount
7.750% APR 7.750% Rate $0 Min. Initial Draw Amount
5.000% Intro APR
7.500% After Intro PeriodIntro Period: 6 months		 7.500% Rate $50,000 Min. Initial Draw Amount
5.990% Intro APR
7.750% After Intro PeriodIntro Period: 12 months		 7.750% Rate $0 Min. Initial Draw Amount
7.250% APR 7.250% Rate $0 Min. Initial Draw Amount
3.990% Intro APR
7.250% After Intro PeriodIntro Period: 6 months		 7.250% Rate $0 Min. Initial Draw Amount
7.500% APR 7.500% Rate $0 Min. Initial Draw Amount
7.000% APR 7.000% Rate $0 Min. Initial Draw Amount
5.990% Intro APR
7.750% After Intro PeriodIntro Period: 12 months		 7.750% Rate $0 Min. Initial Draw Amount
4.990% Intro APR
7.500% After Intro PeriodIntro Period: 12 months		 7.500% Rate $0 Min. Initial Draw Amount
5.990% Intro APR
9.070% After Intro PeriodIntro Period: 6 months		 9.070% Rate $100,000 Min. Initial Draw Amount
5.490% Intro APR
7.875% After Intro PeriodIntro Period: 12 months		 7.875% Rate $0 Min. Initial Draw Amount
5.990% Intro APR
8.000% After Intro PeriodIntro Period: 9 months		 8.000% Rate $0 Min. Initial Draw Amount
5.990% Intro APR
7.750% After Intro PeriodIntro Period: 36 months		 7.750% Rate $0 Min. Initial Draw Amount
7.500% APR 7.500% Rate $0 Min. Initial Draw Amount
7.750% APR 7.750% Rate $0 Min. Initial Draw Amount
8.250% APR 8.250% Rate $0 Min. Initial Draw Amount
Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.

Finding a Home Equity Line of Credit Lender in New York State

When seeking a reputable home equity line of credit (HELOC) lender in New York State, conducting thorough research is key. Begin by exploring local banks and credit unions, known for their competitive rates and personalized service.

Major national banks also have a presence in New York and can offer a variety of HELOC options. Utilize online comparison tools to evaluate different lenders based on interest rates, fees, and customer reviews.

Consulting with a financial advisor or real estate expert familiar with the New York market can provide tailored advice, ensuring your financial needs and goals are met. The ideal lender should offer attractive rates, clear terms, and reliable customer support.

Navigating the diverse landscape of HELOC lenders in New York State requires a balanced approach, focusing on both local and national financial institutions. Prioritizing lenders that combine competitive rates with robust customer service can significantly enhance your borrowing experience.

Additionally, leveraging the expertise of financial or real estate professionals can guide you towards making an informed choice, tailored to the unique dynamics of New York's real estate market. Opt for a lender that not only meets your current financial needs but also aligns with your long-term financial strategy, ensuring a partnership that supports your financial well-being.

Moreover, it's wise to inquire about any additional benefits or features offered by lenders, such as flexible repayment options or the ability to lock in a fixed interest rate on a portion of your HELOC. Understanding the application process and any potential for closing costs or other fees upfront can also prevent any surprises down the line. In New York State, where the housing market can vary greatly from one region to another, selecting a lender with local expertise and a strong track record can provide added reassurance. Remember, the right HELOC lender will not only offer competitive terms but will also be a partner in achieving your financial goals, whether you're consolidating debt, making home improvements, or financing other significant expenditures.

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