The Best Home Equity Options—Matched to You
Updated on May 6, 2026
Explore the best home equity products tailored to your specific needs. Whether you're looking for a large lump sum, fast access to cash, or flexible borrowing options, we’ve curated solutions designed to help you make the most of your home’s value.
Unlock home equity loans are best for large, one-time expenses like renovations or debt consolidation.
- Maximum loan amount: $750,000
- Maximum LTV: 85%
- Terms: 5, 10, 15, and 30 years
- Interest rates: Fixed rates starting at 7.60% APR
- Credit score minimum: 640
- Properties allowed: Single-family homes, townhouses, planned urban developments (PUDs), most condos, and duplexes. Both primary and secondary residences can qualify.
- Typically, no in-person appraisal is required
- Fast funding time
Figure home equity loans are best when you need cash quickly—funding in as few as 5 days.
on Amerisave Mortgage Corporation's secure site
- Tap into a credit line of up to $350,000 to achieve your big financial goals.
- Get a more competitive interest rate than most unsecured loan products.
- Choose a draw period that works best for you—3, 5, or 10 years.
- Over 730K clients. 23 years’ experience. One goal: helping you build a brighter future.
- Get approved and funded quickly, so you can enjoy your new financial freedom.
Amerisave is for low rates and a fast, no-nonsense online experience.
HomeTap is best for homeowners who want cash now—no monthly payments required.
on Upstart Home Lending's secure site
- Check your rate in minutes
- See if you qualify for a rate as low as 6.52% APR
- Get cash in as fast as 8 days
Best for unlocking loan options even if your credit isn’t perfect
on CrossCountry Mortgage's secure site
- Access your home’s equity without refinancing and keep your existing low
- Borrow $25K–$750K, up to 90% of your home’s value, with flexible product options
- Choose fixed-rate terms up to 30 years or interest-only draw periods for payment flexibility
- Use funds for renovations, debt consolidation, major expenses, or investments
- Get fast access to cash, with select programs funding in days and flexible income documentation
- Available for primary residences, second homes, and investment properties
Cross Country Mortgage finds you the right loan with expert guidance you won’t get from big banks.
How Home Equity Services Work
- Check Your Eligibility: Answer a few quick questions about your home, income, and credit. If approved, you’ll receive a credit line based on the equity you’ve built.
- Access Cash When You Need It: Borrow from your available credit line during the draw period — use only what you need and pay interest only on what you use.
- Repay with Structured Monthly Payments: Once the draw period ends, you’ll repay the balance over time with predictable monthly payments.
1. Terms shown here are subject to change without notice. APRs for initial advances range from 6.52% to 18.00% based on rates offered as of July 2025. The lowest rate is only available to consumers willing to become a member of a credit union and to those who meet a minimum FICO score of 780, CLTV under 70%, and DTI under 45%. Your actual rate will depend on many factors such as your credit history, combined loan-to-value ratio (CLTV), line amount, loan term, lien position, and property state. Origination fee to open an account is between 0% 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.
2. When you check your rate, we check your credit report. This initial (soft) inquiry will not affect your credit score. If you accept your rate and proceed with your application, we do another (hard) credit inquiry that will impact your credit score. If you take out a loan, repayment information may be reported to the credit bureaus.
3. In September 2025, 10% of funded HELOCs achieved a closing timeline of 2 days or less and a funding timeline of 8 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.
4. A Home Equity Line of Credit has a variable rate. The APR may change, but the APR that will apply to each draw will be fixed on the date the draw is made. Your APR will be the Prime Rate at the time of draw plus a margin fixed for the life of the HELOC.
5. Terms shown here are subject to change without notice. Origination fee to open an account is between 0% 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.