10 Best Home Equity Loan Lenders of 2024
Figure
Borrow up to $400K
No prepayment penalties.
Use to consolidate debt or finance your next project
100% digital app & online appraisal
100% online application
Rocket Mortgage
Find a home equity option that works for you
Unlock cash from within your home
Online loan application process
Save time on documents & paperwork
Variable-rate lines of credit
Hometap
No cash due at closing
No monthly payments necessary
Borrow up to $600,000
Dedicated Investment Manager to guide the process
Only 25% equity required and no prepayment penalties
Magnolia Bank
Only pay interest on what you borrow
Cash-Out Refinance
Ideal for any borrower considering a cash-out refi
More than $1 billion in annual home closings
$100K minimun loan amount, $0 in origination fees
Bethpage
One of the largest credit unions
Competitive fixed intro rate for 12-months
On average, access funds within 35 days5
Easy online application process
No closing costs, application, origination, or appraisal fees on lines up to $500,000*
AmeriSave Mortgage