Best Home Equity Line of Credit 2026
by Anonymous
HELOCs offer flexible borrowing against home equity with average rates around 7% in April 2026. Digital-first lenders like Figure now fund in as few as five days versus weeks for traditional banks. Credit scores above 740 secure the best rates, and borrowers with combined loan-to-value under 80% get the most competitive terms across all lenders.
Bank of America
Variable from 6.7%
intro apr
None
annual fee
Waived in most cases
closing costs
85%
max cltv
Low fees, existing customers
best for
Figure
Fixed from 6.2%
intro apr
None
annual fee
Origination fee 0-4.99%
closing costs
95%
max cltv
Fast digital funding (5 days)
best for
Navy Federal Credit Union
Variable from 6.5%
intro apr
None
annual fee
Minimal
closing costs
95%
max cltv
Military families, high CLTV
best for
Alliant Credit Union
Variable from 6.4%
intro apr
None
annual fee
Low
closing costs
90%
max cltv
Overall value, competitive rates
best for
Like this comparison? Make it your own.
Sign up to use as templateMore in Housing
Fixed Rate vs Adjustable Rate Mortgage
Fixed Rate Mortgage vs Adjustable Rate Mortgage
Best Neighborhoods in Denver CO 2026
RiNo (River North Art District) vs Washington Park vs Capitol Hill
Best Places to Live in Texas 2026
Austin vs Houston vs San Antonio
Best For Sale By Owner Platforms 2026
Houzeo vs Zillow FSBO vs Beycome
Best Mortgage Lenders 2026
Rocket Mortgage vs Chase Bank vs U.S. Bank
Best Blackout Curtains 2026
Nicetown Blackout Curtains vs Pottery Barn Emery Linen vs IKEA Majgull