Sage Home Loans: 2026 Home Equity Review

Affordability: 5 stars

Sage earned a perfect five stars for affordability because of its low APR, even accounting for its fees.

• APR: Sage’s APR is almost a full point below Bankrate’s average, making it an affordable option for borrowers. 
• Fees: Sage is transparent about the costs associated with its HELOC, like a credit report fee, a document prep fee, a registration fee, recording fees and wire fees, which are common among lenders. Among the highest costs are a $999 administration fee, a $350 fee for manual notarization if your county does not permit the use of an eNotary and recording taxes, which can cost up to $1,400 per $100,000 borrowed, though this varies depending on your state and county. 

Availability: 3.7 stars

Sage scored 3.7 stars for availability because it only offers HELOCs and due to the requirement that customers withdraw their full balance at origination.

• Licensing: Sage is licensed in all 50 states and Washington D.C. 
• Credit score: Sage requires a minimum credit score of 640, which is common among lenders. 
• Loan minimum: You must borrow at least $15,000 with Sage’s HELOC, which is in line with what many lenders require. 
• Draw requirement: Upon origination, you must withdraw the entire credit line, which is inconvenient if you don’t need to access the entire amount borrowed. 
• Loan products: While HELOCs are Sage’s only home equity product, it offers 10-, 15-, 20- and 30-year term HELOCs, with various draw periods. Many competitors have fewer terms available. 

Borrower experience: 4.6 stars 

Sage earns 4.6 stars for borrower experience because it offers clear rate details upfront and has responsive customer service. 

• Rate transparency: Sage advertises the APR for the most creditworthy applicants, those with a combined debt-to-income ratio of no more than 50 percent and a credit score of 780. The sample rate also assumes a substantial amount of discount points. To receive a personalized rate, you’ll answer a series of questions, including your property address, occupancy type and income. You’ll also get a soft credit pull that won’t impact your credit score. 
• Customer service: You can reach Sage by phone at (888) 860-2004 or email at hello@sagehomeloans.com. Once you begin the application process, you’ll be able to use a live chat function. Chat is available every day of the week except major holidays. Sage also offers perks, like a video notary in most cases.
• Convenience: On its website, Sage features educational resources for first-time homebuyers, investment property owners and people interested in refinancing, but it lacks any information on accessing home equity. 

As of this writing, Sage Home Loans is accredited by the Better Business Bureau and gets an A+ rating. Out of more than 90 Trustpilot reviews, Sage receives 4.2 stars. Customers highlight its fast loan process, though some reported issues with its website.