Fifth Third Bank HELOCs and Home Equity Loans 2026: Reliable Options for Excellent Credit Borrowers

Our take: Fifth Third Bank’s home equity options are reliable but not cutting-edge. Borrowers with excellent credit will find no-closing-cost loans and in-branch support appealing, but online competitors often offer lower rates, clearer pricing, and faster funding.

Home Equity Loan

• No closing costs
• Fixed interest rate that doesn’t change
• Lump-sum funding at closing

• Rates may be less competitive than top online lenders
• Expect rates to increase by 0.25% for non-owner-occupied homes

Rates (APR)	Not disclosed
Loan amounts	$10,000 – $500,000
Closing costs	None

Home Equity Line of Credit (HELOC)

• Introductory APR available for six months
• Variable rate tied to prime after intro period
• Interest-only payments are allowed during the draw period
• Fixed-rate lock option available (for a fee)

• Rates vary by lien position and loan amount

Rates (APR)	4.99% intro for 6 months, 6.75% – 15.40% variable thereafter
Loan amounts	$10,000 – $500,000
Closing costs	None
Payments	Interest-only during draw period
Fixed rate lock	Available for a $95 fee
Repayment structure	Interest-only during the draw period

Overview: What Fifth Third Bank offers

Fifth Third Bank keeps its home equity offerings pretty straightforward. You can choose between a home equity line of credit (HELOC) through its Equity Flexline or a fixed-rate home equity loan. Both allow you to borrow against your home without paying closing costs.

These options tend to work best for homeowners who know exactly what they need the money for, whether that’s a renovation, consolidating higher-interest debt, or covering a large one-time expense. Fifth Third does offer cash-out refinances, but for this review, we’re focusing specifically on its HELOC and home equity loan products.

Fifth Third Bank home equity loan review

Fifth Third’s home equity loan is very traditional. You get a fixed interest rate, a lump-sum cash payment at closing, and predictable monthly payments until your loan is paid off. If you don’t want your interest rate to change, these features may appeal to you.

That said, because you receive all the funds at once, a Fifth Third Bank home equity loan will be less flexible than a HELOC but easier to plan around. It’s generally best to have a clear plan for the money, such as a specific renovation project or paying off higher-interest debt.

Rates and terms

Rates (APR)	Not disclosed
Loan amounts	$10,000 – $500,000
Closing costs	None

What to keep in mind

We feel like Fifth Third could be more transparent about its home equity loans. The bank doesn’t publish nationwide rates or detailed eligibility requirements. Instead, borrowers must select their state to view sample pricing, then start an application to see if they qualify.

In Florida, for example, second-lien home equity loans of $100,000 or more carry APRs ranging from about 6.49% to 6.99%, depending on term length, as of February 2026. But these are just starting rates for the most-qualified borrowers.

In addition, non-owner-occupied properties and second homes generally carry a 0.25% higher rate, and condo borrowers may face HOA fees.

Eligibility and requirements

To qualify for a Fifth Third home equity loan, you’ll generally need:

• Strong credit (often a score in the 750s or higher for best rates)
• Sufficient home equity (around 70% LTV for best rates)
• Verifiable income and ability to repay

How it works

With a Fifth Third Bank home equity loan, you get your full loan amount as a lump sum when you close. Then, you immediately begin repaying the principal and interest through equal monthly installments. You may want to choose a home equity loan over a HELOC if you don’t want to mess with fluctuating payments.

Fifth Third Bank Equity Flexline HELOC review

Fifth Third’s HELOC, called the Equity Flexline, gives you revolving access to your home equity rather than a one-time payout. You can draw funds as needed during the draw period and only pay interest on what you actually use, which makes this option more flexible than a traditional home equity loan. (Think of it like a credit card.)

As with all HELOCs, this option may work best if you have ongoing or variable expenses you don’t want to pay upfront. A common example is when you’re planning a phased renovation.

Right now, Fifth Third’s Flexline HELOC offers a 4.99% introductory APR for the first 6 months. After that, it adjusts to a variable APR tied to the prime rate.

Rates and terms

Rates (APR)	4.99% intro for 6 months, 6.75% – 15.40% variable thereafter
Loan amounts	$10,000 – $500,000
Closing costs	None
Payments	Interest-only during draw period
Fixed rate lock	Available for a $95 fee
Repayment structure	Interest-only during the draw period

What to keep in mind

Like its home equity loan, Fifth Third could be more transparent about HELOC pricing and eligibility. Rates aren’t published nationally, and borrowers must select a state to view sample offers.

In Florida, for example, APRs currently range from about 6.90% to 9.65%, depending on your loan amount and whether the HELOC is in a first- or second-lien position.

Like the loan, non-owner-occupied properties and second homes generally have a 0.25% higher rate, and condo borrowers may face HOA-related fees.

Eligibility and requirements

If you plan on getting a Fifth Third Flexline, you can generally expect to need to meet the same requirements necessary for a home equity loan:

• Strong credit (often 750s or higher for best rates)
• Sufficient home equity (around 70% LTV for best rates)
• Verifiable income and ability to repay

How it works

With a Fifth Third Flexline HELOC, you can draw from your credit line as needed during the draw period and make interest-only payments initially. Once the draw period ends, any remaining balance converts to principal and interest payments.

Alternatives to Fifth Third Bank

Fifth Third’s home equity products aren’t the most flexible or transparent options on the market. If you want clearer pricing, faster funding, or higher borrowing limits, look into these alternatives.

Fifth Third vs. Figure

Figure is one of the strongest alternatives to Fifth Third Bank if you care about getting your money quickly. Its HELOC is fully digital, with approvals in as little as five minutes and funding possible within five days. Borrowers can access up to $750,000, which is much higher than Fifth Third’s $500,000 cap. Rates currently start around 8.35% APR.

Unlike Fifth Third’s variable-only structure, Figure offers fixed-rate HELOCs, which can be appealing if you want predictability without giving up flexibility. That said, you typically draw the full amount at closing, which could be a drawback.

Fifth Third vs. Aven

Aven offers a fixed-rate, traditional HELOC, which sets it apart from Fifth Third’s variable-rate option. With credit limits up to $400,000, Aven allows you to lock in a predictable interest rate while still maintaining access to funds during the draw period. If you’re concerned about rising rates and want payment stability, Aven’s fixed-rate HELOC may be the more appealing choice.

Fifth Third vs. LendingTree

If you want to compare multiple lenders at once (kinda like how you’d shop for a hotel on Kayak), LendingTree may be worth your time. It functions as a marketplace rather than a direct lender. HELOC rates currently start around 6.15%, and you can compare offers across banks, credit unions, and online lenders in one place.

The downside is that you’ll need to sort through multiple offers and follow-ups. But it’s often the fastest way to see whether Fifth Third is truly competitive for your profile.

How to apply for a Fifth Third Bank HELOC or home equity loan

You can apply for a Fifth Third Bank home equity product using these steps:

1. Check your equity and credit first. Fifth Third tends to reserve its best rates for borrowers with strong credit (often 750s or higher) and lower loan-to-value ratios. Having a rough sense of your home’s value and remaining mortgage balance helps set expectations.
2. Apply online, by phone, or in-branch. You can submit an application directly on Fifth Third’s website, ask the bank to contact you, or work with a loan officer at a branch.
3. Submit documentation. Expect to share income verification, details about your existing mortgage and debts, and information about the property securing the loan.
4. Go through underwriting and appraisal. Fifth Third will review your application and, in most cases, order a home appraisal. Timelines vary based on property type, location, and lien position.
5. Close and access funds. Home equity loans fund in a single lump sum at closing. HELOCs open a line of credit you can draw on over time once the account is active.

Recap: Fifth Third Bank home equity review