Home Equity Loan Pros & Cons 2025

Rocket Mortgage

Get quotes and pre-qualify quickly

  Home Equity Loans & Cash Out Refinance

  Low rates: Quick quote and approval

  Save time on documents & paperwork

  Variable-rate lines of credit

Discover Home Loans

Home Equity Loan

  $0 costs at closing | $0 appraisal fees  

  $0 application fees | $0 origination fees

  Loan amounts starting at $35,000

  Competitive fixed rates

AmeriSave Mortgage

Find a home equity option that works for you

  Unlock cash from within your home

  Online loan application process

  Turn your home equity into the cash you need 

  Over $100 Billion Funded. 21 Years in Business

Achieve Home Loans

Fast, Fixed Rate HELOC with expert advisors standing by

  Pre-qualify in minutes, fast funding

  Fixed-rate HELOC custom built for you

  No refinance required, borrow up to $300k

  Recommended FICO Score of 640+

FourLeaf Federal Credit Union

Home Equity Line of Credit

  Competitive fixed intro rate for 12-months

  Access cash when you need it

  Easy online application process

  Consolidate debt or renovate your home

Upstart Mortgage

Borrow $26,000 - $250,000¹

  Credit scores as low as 600

  Close in as fast as 5 days²

  Check rates in minutes

  Upstart family of brands has helped 3 million customers³

• Compare home equity options in minutes
• Secure process & personalized recommendations
• Explore mortgage offers on LendingTree's network
• Terms and conditions apply 

Hometap

No prepayment penalty

  Fund education & life events

  Borrow up to $600,000

  Dedicated Investment Manager to guide the process

  Only 25% equity required