Advertiser Disclosure: WiseIQ earns a commission when you apply for products through links on this page. See how we rank →
A 600 credit score makes HELOC approval difficult but more achievable than 580. You'll need strong equity (20–25%+), low debt-to-income ratio, and stable income. Expect rates 2–4% higher than borrowers with excellent credit.
Why we recommend it: Accepts 580+ credit scores. Fully online with fast approval and funding in as few as 5 days.
Why we recommend it: Flexible underwriting for lower credit scores with sufficient equity.
Why we recommend it: Credit unions typically have more flexible standards than banks. Worth checking local options.
Most major lenders require 620–640 minimum. Some specialized lenders accept 580+. With a 600 score, you have limited but real options, especially if you have 20%+ equity and strong income.
A 600 score will typically result in rates 2–4% higher than a borrower with a 740+ score. On a $50,000 HELOC, that's $1,000–$2,000 more in annual interest. Improving your score before applying can save significant money.
Lenders evaluate: home equity (LTV ratio), debt-to-income ratio (ideally below 43%), income stability and employment history, and payment history on your mortgage. Strong factors in these areas can partially offset a lower credit score.