Home Equity Lenders
|
APR
|
Rate
|
Initial Draw
|
Contact details |
---|---|---|---|---|
Last Updated: 05/01/2025
|
7.350%
Intro APR
7.350% After Intro PeriodIntro Period: 0 months |
7.350% Rate | $15,000 Min. Initial Draw Amount | View Details
Conditions: Available APRs range from 6.8% - 15.20*, 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.
|
Last Updated: 05/08/2025
|
10.375%
Intro APR
10.375% After Intro PeriodIntro Period: 0 months |
10.375% Rate | $0 Min. Initial Draw Amount | View Details
Conditions: Home Equity loans are available through our affiliate Achieve Loans (NMLS ID #1810501). Equal Housing Opportunity. Offers may vary and loan requests are subject to eligibility requirements, application review, loan amount, loan term, and lender approval. Product terms are subject to change at any time. Offers are a line of credit. Loans are not available to residents of all states and available loan terms/fees may vary by state where offered. Line amounts are between $15,000 and $300,000 and are assigned based on product type, debt-to-income ratio, and combined loan-to-value ratio. 10, 15, 20, and 30-year terms available. Minimum 600 credit score applies for debt consolidation requests (20 and 30 year terms require a minimum credit score of 640), minimum 700 applies for cash out requests. Other terms, conditions and restrictions apply. Fixed rate APRs range from 6.74% - 14.75% and are assigned based on underwriting requirements; offer APRs may include a discount for automatic payment enrollment (autopay enrollment is not a condition of loan approval). All terms have a 5-year draw period with the remaining term being a no draw period. Payments are fully amortized during each period and determined on the outstanding principal balance each month and can fluctuate during the draw period. Closing fees range from $750 to $6,685, depending on line amount and state law requirements and typically include origination (3.5% of line amount) and underwriting ($725) fees if allowed by law. Property must be owner-occupied. Combined loan-to-value ratio may not exceed 80% (20 and 30 year debt consolidation requests may not exceed 75%), including the new loan request. Property insurance is required and flood insurance may be required if the subject property is located in a flood zone. You must pledge your home as collateral. Equal Housing Opportunity. Contact Achieve Loans for further details.
|
ADVERTISEMENT
Last Updated: 05/19/2025
| Home Equity Loans & Refinance – Cash out | View Details
Conditions: • Home Equity Loans & Refinance – Cash out • Customized rate quote with no impact to credit • Low Rates, Quick Approvals, Wide Range of Products • Over 100 Billion Funded. 22 Years in Business
|
||
ADVERTISEMENT
Last Updated: 05/19/2025
| HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online. | View Details
Conditions: The Figure Home Equity Line is an open-end product where the full loan amount (minus the origination fee) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw.
|
||
ADVERTISEMENT
Last Updated: 05/19/2025
| No Lender Fees | View Details
Conditions: HELOC, HELOAN or CASHOUT REFI all available.
|
||
ADVERTISEMENT
Last Updated: 05/19/2025
| Home Equity Line of Credit - Equal Housing Lender | View Details
Conditions: Interest-only payments during the 10-year draw period
|
||
Citizens National BankLast Updated: 05/19/2025
|
9.500% APR | 9.500% Rate | $0 Min. Initial Draw Amount | |
IBC BankLast Updated: 05/16/2025
|
8.500% APR | 8.500% Rate | $0 Min. Initial Draw Amount | |
JSC Federal Credit UnionLast Updated: 05/19/2025
|
4.990%
Intro APR
7.500% After Intro PeriodIntro Period: 6 months |
7.500% Rate | $0 Min. Initial Draw Amount | |
Truist BankLast Updated: 05/19/2025
|
5.740%
Intro APR
7.250% After Intro PeriodIntro Period: 9 months |
7.250% Rate | $0 Min. Initial Draw Amount | |
Randolph Brooks FCULast Updated: 05/19/2025
|
7.000% APR | 7.000% Rate | $4,000 Min. Initial Draw Amount | |
Regions BankLast Updated: 05/19/2025
|
4.990%
Intro APR
8.875% After Intro PeriodIntro Period: 6 months |
8.875% Rate | $0 Min. Initial Draw Amount | |
Frost BankLast Updated: 05/19/2025
|
8.400% APR | 8.400% Rate | $0 Min. Initial Draw Amount | |
Prosperity BankLast Updated: 05/19/2025
|
9.500% APR | 9.500% Rate | $0 Min. Initial Draw Amount | |
Amegy BankLast Updated: 05/19/2025
|
6.890%
Intro APR
8.000% After Intro PeriodIntro Period: 9 months |
8.000% Rate | $0 Min. Initial Draw Amount | |
Broadway BankLast Updated: 05/19/2025
|
7.740% APR | 7.740% Rate | $0 Min. Initial Draw Amount | |
Washington Trust BankLast Updated: 05/19/2025
|
8.000% APR | 8.000% Rate | $0 Min. Initial Draw Amount | |
Whitney BankLast Updated: 05/19/2025
|
4.990%
Intro APR
8.450% After Intro PeriodIntro Period: 6 months |
8.450% Rate | $0 Min. Initial Draw Amount | |
IberiaBankLast Updated: 05/19/2025
|
7.250% APR | 7.250% Rate | $0 Min. Initial Draw Amount | |
Bank of AmericaLast Updated: 05/19/2025
|
6.490%
Intro APR
8.860% After Intro PeriodIntro Period: 6 months |
8.860% Rate | $100,000 Min. Initial Draw Amount | |
Trustmark NBLast Updated: 05/19/2025
|
7.500% APR | 7.500% Rate | $5,000 Min. Initial Draw Amount | |
Bank of Texas-Dallas/Fort WorthLast Updated: 05/19/2025
|
4.490%
Intro APR
7.500% After Intro PeriodIntro Period: 6 months |
7.500% Rate | $0 Min. Initial Draw Amount | |
Comerica BankLast Updated: 05/19/2025
|
5.990%
Intro APR
8.500% After Intro PeriodIntro Period: 6 months |
8.500% Rate | $0 Min. Initial Draw Amount |
Choose your city below to view local home equity lenders in your area: