Best HELOC Lenders
Compare HELOC lenders with fast funding, online pre-qualification forms, excellent customer reviews, and unique features to support your financial goals.
340,200+ visitors used LendEDU in the last month
No Appraisal Required for Most
- Close in as fast as 5 days1
- Borrow $26,000 to $250,0002
- Apply 100% online
- No annual fee, prepayment penalty, or fees to redraw3
- No paperwork needed to apply
- Close in as fast as 5 days1
- Borrow $26,000 to $250,0002
- Apply 100% online
- No annual fee, prepayment penalty, or fees to redraw3
- No paperwork needed to apply
Great for Fair/Good Credit
- Borrow $20,000 – $400,000
- Apply 100% online
- Check your options without impacting your credit score
- 25+ years in business
- A+ (BBB Rating) / Excellent (Trustpilot)
- Borrow $20,000 – $400,000
- Apply 100% online
- Check your options without impacting your credit score
- 25+ years in business
- A+ (BBB Rating) / Excellent (Trustpilot)
Best Home Equity Line Of Credit
- Great for 700+ credit scores
- Apply 100% online
- Borrow $5,000 to $250,000
- Refinance home equity loans with no fees
- Excellent (4,400+ Trustpilot)
- Great for 700+ credit scores
- Apply 100% online
- Borrow $5,000 to $250,000
- Refinance home equity loans with no fees
- Excellent (4,400+ Trustpilot)
Reviews of the best home equity solutions
1) Upstart
No Appraisal Required for Most
- Close in as fast as 5 days1
- Borrow $26,000 – $250,0002
- Apply 100% online
- No annual fee, prepayment penalty, or fees to redraw3
- No paperwork needed to apply
Upstart Customer Reviews
Upstart has excellent ratings from its customers across multiple platforms. The Better Business Bureau (BBB) has given the company an A+ rating for customer interaction.
| Trustpilot | 4.9 out of 5 (50,240 reviews) |
| 5 out of 5 (9,633 reviews) |
1As of January 2025, 10% of funded HELOCs achieved a closing timeline of 5 days or less and a funding timeline of 11 days or less. This timeline assumes consumers close with our remote online notary, provide supporting documentation promptly, and ensure the information provided is accurate and consistent with our verification process. Delays, discrepancies, and other unforeseen factors may impact the closing timeline. MBA’s 2024 Home Lending Study reports an average industry closing time of 31 days.
2Upstart Mortgage offers HELOCs from $26K-$250K. The exact amount you may borrow depends on what you qualify for based on your application information
3Terms shown here are subject to change without notice. Origination fee to open an account is between 1.00% and 4.99% of the approved credit limit. The Annual Percentage Rate (“APR”) is variable and based on the Prime Rate as published in the Wall Street Journal “Money Rates” table plus or minus a margin. Your APR will never be less than 3.99% or greater than 18.00%. Property insurance is required. Ask us for additional details.
2) New American Funding
Great for Fair/Good Credit Scores (580+ FICO)
- Borrow $20,000 – $400,000
- Checking your rate doesn’t affect your credit score
- Available for primary and secondary residences
- Apply 100% online
New American Funding Customer Reviews
New American Funding has excellent ratings from its customers across multiple platforms. The Better Business Bureau (BBB) has assigned the company a A+ rating for customer interaction.
| Trustpilot | 4.7 out of 5 (865 reviews) |
| 5 out of 5 (64 reviews) |
3) Aven
Funding in as few as 3 days after signing
- Apply 100% online
- Borrow $5,000 to $250,000
- Refinance home equity loans with no fees
Aven Customer Reviews
Aven has excellent ratings from its customers across multiple platforms. The Better Business Bureau (BBB) has assigned the company an A+ rating for customer interaction.
| Trustpilot | 4.9 out of 5 (4,425 reviews) |
| 5 out of 5 (2,455 reviews) |
What Is A HELOC?
A HELOC is a revolving credit line secured by your home’s equity. You can draw money as needed and only pay interest on what you borrow. HELOCs require monthly payments and have credit score and income requirements.
No Appraisal Required for Most
- Close in as fast as 5 days1
- Borrow $26,000 to $250,0002
- Apply 100% online
- No annual fee, prepayment penalty, or fees to redraw3
- No paperwork needed to apply
- Close in as fast as 5 days1
- Borrow $26,000 to $250,0002
- Apply 100% online
- No annual fee, prepayment penalty, or fees to redraw3
- No paperwork needed to apply