Best Home Equity Loans & HELOCs in 2026
Tap into your home equity with competitive rates. Compare HELOCs and home equity loans from top lenders.
Quick Answer
Bethpage FCU offers the lowest HELOC rates starting at 6.99%. For speed, Figure approves in 5 minutes and funds in 5 days. For fixed-rate home equity loans, Spring EQ is a top choice. Most lenders allow borrowing up to 80-85% of your home's value.
See Your Home Equity Offers
Compare live, pre-qualified HELOC and home equity loan offers from top lenders. No impact to your credit score to check rates.
HELOC vs Home Equity Loan
HELOC (Line of Credit)
- Variable interest rate
- Draw funds as needed
- 10-year draw period
- Pay interest only on what you use
- Best for ongoing expenses
Home Equity Loan
- Fixed interest rate
- Lump sum disbursement
- Fixed repayment term
- Predictable monthly payments
- Best for one-time expenses
Top Home Equity Lenders
| Feature | Figure | Bethpage FCU | US Bank | Spring EQ | Discover |
|---|---|---|---|---|---|
| Best For | Fastest HELOC approval (5 min) | Lowest HELOC rates | Best for large amounts | Home equity loans (fixed rate) | No fees HELOC |
| Rate Range | 7.50-9.00% | 6.99-8.50% | 7.25-9.25% | 7.50-10.00% | 7.49-8.99% |
| Loan Amount | $15K-$400K | $10K-$500K | $15K-$750K | $25K-$500K | $35K-$300K |
| Rating | 4.7/5 | 4.6/5 | 4.5/5 | 4.4/5 | 4.5/5 |
Smart Ways to Use Home Equity
Get a HELOC in 5 Minutes
Figure offers the fastest home equity line of credit. Get approved online in minutes with competitive rates and no hidden fees.
Check Your RateSponsored partner
Want Equity Access With No Monthly Payments?
A home equity investment (HEI) gives you cash with zero monthly payments and no interest — you share a portion of future appreciation instead. Companies like Splitero, Hometap, and Point offer competitive terms with 10–30 year horizons.
Compare HEI Companies →Frequently Asked Questions
8.0%
Avg HELOC rate
80-85%
Max LTV ratio
5 min
Approval time (online)
Yes*
Tax deductible
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