Home Equity Loan Pros & Cons 2025
Home equity loans can cover home improvement costs, consolidate debt, or provide extra funds. Tapping into equity helps secure the financial support you need. Here are the top lenders today.
#1
Our Partner
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
Origination Volume126,258
Trustpilot Reviews33,303
Trustpilot Rating4.7 out of 5
#2
Our Partner
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
Origination Volume17,224
Trustpilot Reviews10
Trustpilot Rating2.5 out of 5
#3
Our Partner
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
Origination Volume9,510
Trustpilot Reviews12,945
Trustpilot Rating4.5 out of 5
#4
Our Partner
Figure
Borrow up to $400K
No prepayment penalties.
Consolidate debt or finance your next project
100% digital app & online appraisal
100% online application
Origination Volume8,385
Trustpilot Reviews2,504
Trustpilot Rating4.5 out of 5
#5
Our Partner
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+
Origination Volume8,153
Trustpilot Reviews11,233
Trustpilot Rating4.8 out of 5
#6
Our Partner
FourLeaf Federal Credit Union
Home Equity Line of Credit
Competitive fixed intro rate for 12-months
Quick access to funds
Easy online application process
Consolidate debt or renovate your home
Origination Volume3,199
Trustpilot Reviews64
Trustpilot Rating4.4 out of 5
#7
Our Partner
LendingTree
Wide Network of Lenders
Free to check mortgage offers today
Simple and secure process
Personalized mortgage quotes with no credit impact
Terms & conditions apply
Origination Volume0
Trustpilot Reviews14,674
Trustpilot Rating4.3 out of 5
#8
Our Partner
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
Origination Volume0
Trustpilot Reviews0
Trustpilot Rating0.0 out of 5