quoraBest HELOC Services - Comparison411.com Rankings

Best HELOC Services

Comparison411 logo

Last Updated December 2022

Some links in this article may be affiliate links. We're letting you know because it's the right thing to do.

ADS

crown iconBEST OF THE BEST
Quicken Loans

# 1



DESCRIPTION


Quicken Loans

In the mortgage industry, Quicken Loans is a national leader. Customers may digitally apply for, gat...

FEATURES


  • Minimum Credit Score - 620
  • Rating - 4.5/5
  • Best For - home loans, second mortgages, refinancing, and personal loans

Pros


  • Quick response time and intuitive interface
  • Choices between conforming, FHA, VA, and jumbo mortgages
  • Short eight-year commitments are possible
BEST BANG FOR THE BUCK
Figure

# 2



DESCRIPTION


Figure

Figure is headquartered in San Francisco, California, and New York. This financial technology compan...

FEATURES


  • APR - 3.99% - 11.5% (with membership and AutoPay discount)
  • Loan Amount - Between $15,000 and $400,000
  • Terms - 5, 10, 15, 20, and 30 years
  • Approval Time - 5 minutes

Pros


  • The company offers an online loan application process with five minutes short lending period.
  • Credit Union Members subscribed to AutoPay receive a 0.75% rate discount.
  • Figure does not charge prepayment penalties.
New American Funding

# 3



DESCRIPTION


New American Funding

New American Funding, which has its headquarters in Orange County, California, has more than 170 reg...

FEATURES


  • Best For - Borrowers from underserved areas or those interested in specialized loans
  • Rating - 4.8/ 5
  • Minimum Credit Score - 620 for conventional loans.

Pros


  • Give preference to lending to underrepresented groups
  • Promotes the current market price by posting it online
  • Outstanding Trustpilot ratings from satisfied customers
AmeriSave

# 4



DESCRIPTION


AmeriSave

All states, excluding New York, are covered by the Amerisave Mortgage Corporation service area. They...

FEATURES


  • Best For - Prospective borrowers who want fast prequalification and access to valuable materials.
  • Minimum Credit Score - 580
  • Rating - 4.8/5

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.
Top 4 HELOC Providers
Best HELOC Services
Top 5 Mortgage Refinance providers
Mortgage Refinance

Advertisers and marketers have flooded this internet with tons of HELOC that claim to be the best. It can be hard to know which one is the best out of all those options. This article will give you a list of 9 HELOC so you can make an educated decision before choosing what’s right for you.