Reviews

Spring EQ provides fast home equity loan funding. Rates are competitive and the process of qualifying is simple.

Figure offers a loan called the Figure Home Equity Line. It’s an all-digital product, which means you can get approved virtually instantly and receive funding quickly. You can use loan funds for any purpose and interest rates are considered competitive.

Point Home Equity will invest in your home equity, allowing you to access cash without borrowing. You don’t make monthly payments, but you will need to buy back your equity when you sell the home or by the end of your end of the term.

EasyKnock is a financial product that lets homeowners get cash from their home equity without moving. EasyKnock buys homes, and then allows sellers to stay as tenants. Homeowners have the option to repurchase the home or move.

Chase is a well-respected bank that offers a HELOC product without an application fee. However, there is no Chase home equity loan, and you do need to pay an annual maintenance fee on the HELOC.

Those interested in Bank of America home loans should know that only HELOCs are available. These are still a solid option because of possible interest rate discounts and extensive online services.