Bankrate home equity lender reviews

Choosing a home equity lender that’s right for your individual needs can be difficult in a market with so many options. Bankrate regularly conducts objective lender reviews to help you make an informed decision. Whether you need a loan to remodel your home, consolidate debt or make a major purchase, here you’ll find ratings, full reviews and a description of each lender’s distinctive qualities to help guide your decision.

Featured Reviews

All Lender Reviews

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 Founded in 2018, Figure is a new lender that provides home equity lines of credit (HELOCs) in 41 states and the District of Columbia.
Overall Rating 4.7/5
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 Police and Fire Federal Credit Union offers home equity loans and HELOCs to its members in and around Philadelphia.
Overall Rating 4.6/5
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 Alliant has a 15-year HELOC and a 30-year HELOC that’s interest-only for 10 years.
Overall Rating 4.5/5
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 Third Federal Savings and Loan offers home equity loans in eight states and home equity lines of credit, or HELOCs, in 25 states and Washington, D.C.
Overall Rating 4.4/5
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 Frost Bank’s home equity loans and HELOCs — available only in Texas — come with competitive rates and no application fees or prepayment penalties.
Overall Rating 4.4/5
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 Citi is one of the world's largest financial institutions and offers a number of consumer-facing products, including home equity loans and HELOCs.
Overall Rating 4.3/5
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 KeyBank’s home equity loans and lines of credit let you borrow up to 90 percent of your home’s value.
Overall Rating 4.2/5
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 If you live in the Northeast, you may qualify for a home equity loan or HELOC from People's United Bank.
Overall Rating 4.2/5
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 Citizens Bank provides home equity loans and HELOCs in addition to consumer banking, mortgages, student loans and more.
Overall Rating 4.2/5
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 SunTrust offers a variety of products for personal and business banking and a home equity line of credit (HELOC).
Overall Rating 4.2/5
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 Prosper was the first peer-to-peer lender in the United States. Over the years, it has helped over 1 million customers borrow over $18 billion.
Overall Rating 4.2/5
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 A Bethpage Federal Credit Union HELOC may be a good option if you live in a state where the lender offers the product and its features fit your needs.
Overall Rating 4.2/5
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 Discover prides itself on providing low-cost home equity loans.
Overall Rating 4.2/5
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 Bank of America is one of the largest banks in the world, currently serving over 66 million customers and small-business clients.
Overall Rating 4.2/5
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 Fifth Third Bank is a full-service bank that provides home equity lines of credit (HELOCs) and home equity loans in 11 states.
Overall Rating 4.2/5
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 Rockland Trust Bank provides home equity loans and HELOCs in addition to consumer banking, mortgages, investment products and more.
Overall Rating 4.1/5
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 Chase is a national bank that offers an array of financial services, including home equity lines of credit, or HELOCs.
Overall Rating 4.1/5
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 Founded in December 2018 and headquartered in New Albany, Ohio, Lower offers mortgages, refinance loans, home equity loans and home equity lines of credit (HELOCs).
Overall Rating 4.1/5
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 Amplify Credit Union offers both home equity loans and home equity lines of credit starting at $50,000 to its members with properties in Texas.
Overall Rating 4.1/5
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 Regions Bank offers home equity loans with flexible terms and fixed- and variable-rate HELOCs.
Overall Rating 4.1/5
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 Connexus Credit Union provides home equity loans and HELOCs in addition to auto loans, personal loans, student loans, credit cards and more.
Overall Rating 4.1/5
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 Amerant's HELOCs may be a good option for borrowers in Texas and Florida.
Overall Rating 4.1/5
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 Borrowers will need good credit to qualify for a BMO Harris Bank home equity loan or a HELOC with variable- and fixed-rate options.
Overall Rating 4.1/5
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 U.S. Bank is the fifth-largest bank in the country, with nearly 3,000 branch locations and 4,700 ATMs.
Overall Rating 4/5
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 HSBC’s HELOC comes with competitive interest rates and low costs, especially if you have an established relationship with the bank.
Overall Rating 4/5
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 Flagstar Bank, founded in 1987 and headquartered in Troy, Michigan, offers home equity loans and HELOCs with branches in five states.
Overall Rating 4/5
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 Republic Bank offers various financial products and services, including home equity loans and home equity lines of credit, or HELOCs.
Overall Rating 4/5
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 PNC offers a HELOC, but its website is scarce on details.
Overall Rating 4/5
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 Credit Union of Texas serves members in all 50 states but offers home equity lines of credit (HELOCs) only in the Lone Star State.
Overall Rating 4/5
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 Quorum Federal Credit union offers two HELOCs: one that lets you borrow up to 95 percent of your home’s equity and one for investment properties.
Overall Rating 4/5
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 Those who seek a mix of an online experience and a dedicated loan officer might appreciate Spring EQ's approach to lending.
Overall Rating 3.9/5
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 PenFed operates in all 50 states and the District of Columbia and primarily serves members of the military community and government employees.
Overall Rating 3.9/5
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 TD Bank's limited reach means that it's not the right choice for everyone, but eligible borrowers can expect good service and low rates.
Overall Rating 3.9/5
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 BB&T offers home equity loans and variable-rate HELOCs, along with fixed-rate/fixed term HELOCs.
Overall Rating 3.6/5
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 Homeside Financial is a national mortgage lender offering home mortgages and home equity lines of credit, also called HELOCs.
Overall Rating 3.5/5
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 Northpointe Bank discloses little about its home equity loans and HELOCs online.
Overall Rating 3.1/5
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