Best HELOC Services
Best HELOC Services
Last Updated December 2025
BEST OF THE BEST
DESCRIPTION
You may benefit from using Bankrate’s HELOC comparison tools if you're looking to leverage your home...
FEATURES
- Best For - Homeowners seeking flexible borrowing options and rate transparency through expert-curated lenders
- Rating - 4.6/5
Pros
- Side-by-side comparisons of HELOC rates from multiple lenders
- Offers calculators to estimate borrowing power and monthly payments
- Updated rate information helps users time their applications effectively
- Includes lender reviews and educational content to guide borrowing decisions
- No obligation or cost to use the platform for rate shopping
DESCRIPTION
You may benefit from Quicken Loans’ online comparison marketplace offering if you're looking for a s...
FEATURES
- Best For - Homeowners seeking HELOC lenders with competitive rates
Pros
- User-friendly online platform with quick access to lenders
- Competitive rates based on equity and credit profile
DESCRIPTION
LendingTree offers a dynamic platform for homeowners looking to tap into their home equity through a...
FEATURES
- Best For - Homeowners seeking flexible, accessible home equity lines of credit through LendingTree’s lender network
- Rating - 5/5
Pros
- Connects homeowners with multiple lenders, offering competitive rates and terms
- Simplifies the comparison process with one loan inquiry form for various offers
- Highly transparent, providing detailed information on each lender’s offer
- Offers valuable educational resources on HELOCs and financial management
- Free service that empowers homeowners to make informed borrowing decisions
DESCRIPTION
You may benefit from Point if you're a homeowner looking for flexible access to your home equity wit...
FEATURES
- Best For - Homeowners seeking a no monthly payment alternative to HELOC
- Rating - 4.5/5
Pros
- Alternative to HELOC with no monthly payments or interest
- Access home equity without income or strict credit score barriers
- Receive funds quickly in as little as 3 weeks
- Keep full use and enjoyment of your home
- Use funds for any purpose—home improvement, debt consolidation, or life events
DESCRIPTION
Ratezip's HELOC services provide a seamless experience for individuals looking to tap into their hom...
FEATURES
- Best For - Individuals seeking competitive rates and transparency in HELOC offerings
- Rating - 4.5/5
Pros
- Transparent comparison tool for HELOC rates and terms
- Empowers consumers with information to make informed decisions
- Connects individuals with top banks and lenders offering competitive HELOC options
- User-friendly platform for easy navigation and quote requests
- Helps individuals leverage home equity for various financial needs
DESCRIPTION
You may benefit from eMortgage.com's home equity line of credit (HELOC) solutions if you need flexib...
FEATURES
- Best For - Flexible home equity line of credit solutions
- Rating - 4.6/5
Pros
- Flexible borrowing options secured by home equity
- Competitive interest rates
- Customizable HELOC packages to meet various needs
- Convenient online application process
- Fast approval times for accessing funds
DESCRIPTION
Discover is among the top home equity loan lending companies and is well known for charging lower fe...
FEATURES
- Best For - Homeowners seeking a flexible line of credit with competitive rates and no application fees
- Rating - 4.2/5
Pros
- Discover does not charge application and appraisal fees, including mortgage taxes due at closing.
- The company exempts the residents of CT, NC, MN, TX, NY, and OK from early payment penalties.
DESCRIPTION
The Rocket Mortgage website and mobile app make it possible to apply. Creating an account is the fir...
FEATURES
- Best For - Homeowners looking for HELOC options backed by a leading mortgage lender with digital convenience
- Rating - 4.3/5
Pros
- Facilitated online procedure with access to relevant records and property
- The mortgage rates are competitively inexpensive when compared to other loan companies.
- Provides access to loan officials by phone, if preferred
DESCRIPTION
Unison was started in 2006 and is available in Washington D.C. and twenty-eight states. The company...
FEATURES
- Best For - Homebuyers and homeowners interested in shared equity financing for down payments or home improvement
- Rating - 4.2/5.
Pros
- Unison lets homeowners convert up to 17.5% of their home equity to cash
- Townhouses, condominiums, and single-family homes are eligible
- The company's background check does not affect credit worthiness or interest rates.
- Clients only make payments when they sell the house or after thirty years
DESCRIPTION
New American Funding, which has its headquarters in Orange County, California, has more than 170 reg...
FEATURES
- Best For - Customers interested in HELOC options with competitive rates and flexible draw periods
- Rating - 4.3/5.
Pros
- Give preference to lending to underrepresented groups
- Promotes the current market price by posting it online
- Outstanding Trustpilot ratings from satisfied customers
DESCRIPTION
Truist home equity lines of credit can be repaid in either fixed, variable, or interest-only rates a...
FEATURES
- Best For - Customers seeking HELOCs with competitive rates and options for interest-only payments
- Rating - 4.3/5
Pros
- The company offers multiple fixed-rate repayment options.
- Truist covers the appraisal fee.
- The company offers flexible repayment options.
DESCRIPTION
All states, excluding New York, are covered by the Amerisave Mortgage Corporation service area. They...
FEATURES
- Best For - Borrowers looking for a HELOC provider with transparent terms and competitive interest rates
- Rating - 4.4/5
Pros
- You may get it in every state in the US except New York and Washington.
- Quick prequalification and personalized rate quotes without a credit check in most cases.
- Provides a simple fee and pricing structure
- The average closing period lasts 25 days.
DESCRIPTION
U.S. Bank offers HELOC and home equity loans and does not charge closing costs. The company’s home e...
FEATURES
- Best For - Homeowners looking for competitive HELOC rates and a variety of draw and repayment options
- Rating - 4.4/5
Pros
- U.S. Bank does not charge closing fees. However, the company might charge initial expenses related to escrow.
- The company’s interest rates are under 18%, as guided by state law.
- Clients on automatic payment plans get a 0.50% discount interest rate.
DESCRIPTION
Citizen Bank offers a complete customer experience and has earned many good customer reviews, includ...
FEATURES
- Best For - Customers interested in a wide range of HELOC options, including variable and fixed-rate plans
- Rating - 4.2/5
Pros
- Citizen Bank does not charge closing costs or appraisal fees
- Clients subscribed to AutoPay using a Citizen Checking account are guaranteed a 0.25% rate off.
- Borrowers can choose an interest-only or full payment option during a ten-year draw period.
Borrowing against the value of your house is possible with a home equity line of credit (HELOC), sometimes known as a second mortgage. The borrower's needs determine the amount of equity used to secure a loan. HELOCs are a popular funding source for those looking to make large purchases, pay for college, or consolidate debt. Here are some of the best HELOC lenders to look at: