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

Overall Rating
 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
READ FULL REVIEW
Overall Rating
 Citizens Bank provides home equity loans and HELOCs in addition to consumer banking, mortgages, student loans and more.
Overall Rating 4.6/5
READ FULL REVIEW
Overall Rating
 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 4.5/5
READ FULL REVIEW
Overall Rating
 Alliant has a 15-year HELOC and a 30-year HELOC that’s interest-only for 10 years.
Overall Rating 4.5/5
READ FULL REVIEW
Overall Rating
 Police and Fire Federal Credit Union offers home equity loans and HELOCs to its members in and around Philadelphia.
Overall Rating 4.4/5
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 Discover prides itself on providing low-cost home equity loans.
Overall Rating 4.3/5
READ FULL REVIEW
Overall Rating
 Those who seek a mix of an online experience and a dedicated loan officer might appreciate Spring EQ's approach to lending.
Overall Rating 4.3/5
READ FULL REVIEW
Overall Rating
 If you live in the Northeast, you may qualify for a home equity loan or HELOC from People's United Bank.
Overall Rating 4.3/5
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 Regions Bank offers home equity loans with flexible terms and fixed- and variable-rate HELOCs.
Overall Rating 4.1/5
READ FULL REVIEW
Overall Rating
 Rockland Trust Bank provides home equity loans and HELOCs in addition to consumer banking, mortgages, investment products and more.
Overall Rating 4.1/5
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 Amerant's HELOCs may be a good option for borrowers in Texas and Florida.
Overall Rating 4.1/5
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 SunTrust offers a variety of products for personal and business banking and a home equity line of credit (HELOC).
Overall Rating 4.0/5
READ FULL REVIEW
Overall Rating
 PNC offers a HELOC, but its website is scarce on details.
Overall Rating 4/5
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 Northpointe Bank discloses little about its home equity loans and HELOCs online.
Overall Rating 3.9/5
READ FULL REVIEW
Overall Rating
 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 3.9/5
READ FULL REVIEW
Overall Rating
 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
READ FULL REVIEW
Overall Rating
 Truist offers variable-rate and fixed-rate/fixed term HELOCs.
Overall Rating 3.8/5
READ FULL REVIEW
Overall Rating
 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 3.8/5
READ FULL REVIEW
Overall Rating
 Republic Bank offers various financial products and services, including home equity loans and home equity lines of credit, or HELOCs.
Overall Rating 3.8/5
READ FULL REVIEW
Overall Rating
 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 3.8/5
READ FULL REVIEW
Overall Rating
 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 3.7/5
READ FULL REVIEW
Overall Rating
 Homeside Financial is a national mortgage lender offering home mortgages and home equity lines of credit, also called HELOCs.
Overall Rating 3.5/5
READ FULL REVIEW