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
Best Home Inspection Services 2026
Pillar To Post vs WIN Home Inspection vs HouseMaster
Best Countertop Materials 2026
Quartz (Engineered Stone) vs Granite vs Marble
Best Countries for Expats 2026
Panama vs Thailand vs Portugal
Best Tiny Home Builders 2026
Tumbleweed Tiny House Company vs Escape Homes vs New Frontier Design
Best Solar Panel Companies 2026
SunPower (Maxeon 7) vs REC (Alpha Pure-R) vs Canadian Solar (HiKu7)
Best Mortgage Lenders 2026
Rocket Mortgage vs Chase Bank vs U.S. Bank