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Top Home Equityright now
Top home equity options, ranked
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Minimum Credit
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NMLS #2467867
Hometap Home Equity Investment
Compare HELOCs, home equity loans and equity-sharing options. These are not deposit accounts. Availability and approval depend on your state, property and credit. Your home may secure the agreement; review rates, fees and repayment or settlement terms with the provider.
Includes loans and equity-sharing agreements, not only HELOCs. PickYourBank is not a lender. Referral fees may affect placement; not all providers are listed. Why trust us · Advertiser disclosure
HELOC vs. home equity loan vs. equity sharing
- HELOC
- Draw funds as needed up to a limit. Rates are usually variable; payments may rise during repayment. Compare APR, draw and repayment periods, and fees.
- Home equity loan
- Receive a lump sum, typically with a fixed rate and scheduled payments. Compare APR, loan term, closing costs and the total amount repaid.
- Equity-sharing agreement
- Not a HELOC or traditional loan. Cash is exchanged for a share of future home value or appreciation. Compare fees, valuation terms and the settlement deadline.
Your home is at risk if you cannot meet repayment or settlement obligations. No monthly payment does not mean no cost. Eligibility depends on state, property, equity and credit; confirm current terms with the provider.
Learn more from the Consumer Financial Protection Bureau. Earny provides general guidance, not a loan offer or financial advice.
How Earny helps you compare home equity options
Compare home equity options, borrowing costs and eligibility in plain English.
Compare home equity options
Explore HELOCs, home equity loans and equity-sharing agreements, including rates, fees and repayment terms.
Estimate available equity
Discuss your home value and mortgage balance to estimate how much equity you may be able to access.
Find options for your situation
Compare available offers based on your state, credit profile, borrowing amount and goals.
Understand the fine print
Review closing costs, variable rates, liens and settlement obligations before choosing an offer.
HELOC questions, answered
What is a HELOC?
A home equity line of credit lets eligible homeowners borrow against their home's equity, up to an approved limit. Most HELOCs have variable interest rates and separate draw and repayment periods. Your home is collateral, so missed payments can put it at risk.
How is a HELOC different from a home equity loan?
A HELOC generally lets you draw funds as needed, while a home equity loan usually provides a lump sum with fixed payments. Rates, fees and repayment terms vary by lender and product.
Are all offers in this chart HELOCs?
No. The chart includes our active home equity offers, which may include HELOCs, home equity loans, lender marketplaces and equity-sharing agreements. Point, Unlock and Splitero offer equity-sharing products rather than traditional loans. Review each provider's terms.
What is an equity-sharing agreement?
An equity-sharing agreement provides cash in exchange for a share of your home's future value or appreciation. It is not a traditional HELOC. Even when there are no monthly payments, settlement obligations, fees and a lien on your home may apply.
How much home equity can I access?
The amount depends on your home's value, outstanding mortgage, lender limits, credit and other eligibility criteria. Tell Earny your estimated home value and mortgage balance for an illustration, not a guaranteed approval.
What credit score do I need?
Credit requirements vary by provider and product. Compare the minimum credit information in each offer and confirm the final eligibility rules directly with the provider.
Are these offers available in every state?
No. Availability varies by provider, property location and product. Tell Earny your state, and confirm availability with the provider before applying.
How do I compare HELOC rates and fees?
Compare the annual percentage rate (APR), whether the rate is variable or fixed, any introductory rate and when it ends, closing costs, annual fees and early-closure fees. Also compare the draw period, repayment period and whether payments could rise. A listed minimum credit score is not an approval guarantee; ask the lender for a personalized quote.
Can I lose my home with a HELOC or home equity loan?
Yes. These products use your home as collateral, so failure to repay can lead to foreclosure. Equity-sharing agreements can also place a lien on your home and require a substantial settlement. Consider the total cost and how you will repay or settle the agreement before proceeding.
Is Earny free to use?
Yes. PickYourBank may earn a referral fee through links on this page, which can affect where offers appear. Earny does not guarantee financing, approval or an interest rate.
Disclaimers
The following brand-specific disclosures apply to the home equity & HELOC offers shown on this page. Click a bank name to view its full disclaimer. Rates, APYs/APRs, bonuses, and terms are provided by the issuing institutions and are subject to change at any time. Always review the bank's official disclosures before applying.
Advertiser Disclosure: PickYourBank may receive compensation when you click through, apply, or open an account with a partner bank. This may influence which offers appear and how they are ranked. Compensation does not determine our editorial ratings. FDIC- or NCUA-insured up to $250,000 where applicable.