Best Home Equity Solutions
Compare companies offering home equity financing with high funding limits, online prequalification forms, and unique features to support your financial goals.
250,000+ visitors used LendEDU in the last month
Best Overall HELOC
- Minimum 700+ credit score required
- $11+ billion in equity unlocked
- Funding in as little as 5 days
- Borrow $15,000 to $700,000
- Flexible fixed-rate terms
- Excellent (3,200+ Trustpilot customers)
- Minimum 700+ credit score required
- $11+ billion in equity unlocked
- Funding in as little as 5 days
- Borrow $15,000 to $700,000
- Flexible fixed-rate terms
- Excellent (3,200+ Trustpilot customers)
Best for Large HELOCs
- Compare multiple HELOC offers in minutes
- No impact on credit to view rates
- Flexible terms from top lenders
- Fast, online application process
- Borrow up to 85% of your home’s value
- Excellent (14,900+ Trustpilot customers)
- Compare multiple HELOC offers in minutes
- No impact on credit to view rates
- Flexible terms from top lenders
- Fast, online application process
- Borrow up to 85% of your home’s value
- Excellent (14,900+ Trustpilot customers)
Expanded Reviews
Best Overall HELOC
- Minimum 700+ credit score required
- $11+ billion in equity unlocked
- Funding in as little as 5 days
- Borrow $15,000 to $700,000
- Flexible fixed-rate terms
- Excellent (3,200+ Trustpilot customers)
- Minimum 700+ credit score required
- $11+ billion in equity unlocked
- Funding in as little as 5 days
- Borrow $15,000 to $700,000
- Flexible fixed-rate terms
- Excellent (3,200+ Trustpilot customers)
Figure Customer Reviews
Figure has excellent ratings from its customers across multiple platforms. The Better Business Bureau (BBB) has given the company an A+ rating for customer interaction.
| LendEDU | 4.9 out of 5 |
| Trustpilot | 4.7 out of 5 (4,902 reviews) |
| Better Business Bureau | 1.4 out of 5 (31 reviews) |
| 4.9 out of 5 (2,195 reviews) |
Great For Comparison Shopping
- Compare multiple HELOC offers in minutes
- No impact on credit to view rates
- Flexible terms from top lenders
- Fast, online application process
- Borrow up to 85% of your home’s value
- Excellent (14,900+ Trustpilot customers)
- Compare multiple HELOC offers in minutes
- No impact on credit to view rates
- Flexible terms from top lenders
- Fast, online application process
- Borrow up to 85% of your home’s value
- Excellent (14,900+ Trustpilot customers)
LendingTree Customer Reviews
LendingTree has excellent ratings from its customers across multiple platforms. The Better Business Bureau (BBB) has given the company an A+ rating for customer interaction.
| LendEDU | 4.5 out of 5 |
| Trustpilot | 4.4 out of 5 (14,944 reviews) |
| Better Business Bureau | 1 out of 5 (1 reviews) |
| 4.7 out of 5 (1,900 reviews) |
Learn more about HESAs and HELOCs
HESA and HELOC loan eligibility requirements
Here is a quick overview of qualifications to decide which loan is right for you.
If you have bad credit, a HESA may make more sense since it has a lower credit score requirement:
| HESA | HELOC | |
| Minimum credit score | Poor credit accepted | Typically fair credit |
| Income requirements | None | Yes, varies |
| Monthly payments | None | Yes |
| Interest rates | None | Yes |
How does a HESA compare to a HELOC?
While home equity sharing agreements offer a unique way to access your home’s equity, traditional home equity financing solutions like home equity lines of credit (HELOCs) are still popular.
Let’s compare these options:
Home equity sharing agreement (HESA)
A HESA is an agreement between you and an investment company in which you receive a lump-sum cash payment in exchange for a portion of your equity. It isn’t a form of debt, so there are no monthly payments, and the eligibility requirements are more lenient.
Home equity line of credit (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.
HESA vs. HELOC scenarios
It’s easy to see how HELOCs and home equity loans compare. But which should you choose if you want to tap into your home’s value?
Here are some scenarios and which home equity product makes the most sense.
| If you… | HELOC or HESA |
| Have a solid credit history | HELOC |
| Have fair or poor credit | HESA |
| Want access to revolving credit line | HELOC |
| Want to avoid tying our payment to your home value | HELOC |
| Want a lump sum repayment vs. monthly payments | HESA |