Best HELOCs & Home Equity Loans

Compare the best HELOCs and home equity loans. Independent rankings of Figure, Discover, Bethpage, and more. Expert reviews updated weekly.

How we rank home equity lenders

We evaluate HELOCs and home equity loans on rate competitiveness, closing costs, draw/repayment terms, maximum LTV, and borrower experience. Rates are verified weekly against live quotes. Variable HELOC rates are benchmarked against the prime rate to identify true discounts.

What to compare

• Rate type: variable (HELOCs) vs. fixed (HE loans). Variable rates track prime and can change monthly.
• Closing costs and whether the lender covers appraisal, title, and recording fees.
• Draw period length and repayment period length for HELOCs.
• Combined loan-to-value (CLTV) maximum — higher means more borrowing power.
• Minimum and maximum credit line or loan amounts available.