finance

5 Best HELOC Lenders of 2026: Rates, Terms & Requirements

Compare the top Home Equity Line of Credit lenders for 2026. Find competitive rates, flexible terms, and see which lender fits your financial goals.

A Home Equity Line of Credit (HELOC) can be a powerful financial tool for home improvements, debt consolidation, or major expenses. Here are the top 5 HELOC lenders for 2026.

Top 5 HELOC Lenders at a Glance

LenderAPR RangeMax LTVMin Credit Score
Bank of America7.24%-12.49%85%660
Chase7.49%-13.24%80%680
PNC Bank7.99%-14.49%85%620
PenFed Credit Union7.74%-17.99%85%620
U.S. Bank6.99%-13.75%80%660

1. Bank of America — Best Overall

  • Competitive introductory rates
  • $0 closing costs for HELOCs up to $500,000
  • Rate discounts for Preferred Rewards members

👉 Apply with Bank of America

2. Chase — Best for Customer Service

  • 4,700+ branches nationwide
  • 24/7 customer support
  • Simple online application

👉 Apply with Chase

How to Choose a HELOC Lender

  1. Compare APRs: Look at both introductory and ongoing rates
  2. Check fees: Watch for application, appraisal, and annual fees
  3. Verify LTV limits: Most lenders cap at 80-85%
  4. Consider customer service: Read reviews and check branch locations

Rates accurate as of June 2026. Your actual rate depends on credit score, LTV, and market conditions.

Affiliate disclosure: We may earn a commission from lender referrals.