U.S. Bank Home Equity Loan Review
Large-bank home equity loan with flexible terms and rate discounts for existing customers. Independent U.S.
By Michael Hewitt, Founder & Editor-in-Chief. Rates last checked September 29, 2026.
Our verdict
Existing U.S. Bank customers get the most here: a 0.50% autopay rate discount on fixed-rate terms from 5 to 30 years, with branch support. It's available in only 26 states, which limits it, and U.S. Bank's page lists $0 closing costs, so confirm that in writing before you sign.
Skip it if you live outside its 26 states, or if you don't bank with U.S. Bank and won't get the discount.
About U.S. Bank Home Equity Loan
Large-bank home equity loan with flexible terms and rate discounts for existing customers. U.S. Bank Home Equity Loan is offered by U.S. Bank. Our editorial rating is 4.1 out of 5.
Best for: Large loan amounts with branch support.
Editorial grade: B+ (composite score 82/100).
Highlights
- 0.50% rate discount with autopay from a U.S. Bank account
- Borrow $25K–$500K
- Fixed-rate terms from 5 to 30 years
What we like
- Loan amounts up to $500K
- Branch access in 26 states
- Customer loyalty rate discounts
Where it falls short
- Lowest rate requires autopay from a U.S. Bank checking or savings account
- Not available in all states
Fees, minimums, and rates
Monthly fee: $0 closing costs. Minimum to open: $25,000. Current APY: 7.40%. Rates and fees last checked on September 29, 2026.
How we reviewed it
This is a desk review: we have not opened an account with U.S. Bank. It is built from U.S. Bank's published rates, fee schedule and terms and from the public complaint record, and compared with the other products in the Home Equity Loan shortlist. The rubric is the same for every brand.
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Read our full editorial methodology for how we review products.