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A 640–659 credit score gives you limited but real HELOC options. See which lenders accept fair credit and what you can realistically expect.
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Best HELOC Lenders for 640–659 Credit Score
3 lenders accept a 640–659 credit score. Ranked by value for this credit tier.
How we rank: Products are ranked by credit score fit, rates, fees, and features — not by commission size. See full methodology →
UP
Upstart HELOC
Upstart Mortgage
Top Pick for Fair Credit — Based on WiseIQ\'s Methodology
Variable APR
8.25%–18.00%
Credit Line
$15K–$500K
Min. Credit Score
620
Accepts 640–659 credit scores
AI underwriting — looks beyond credit score
No origination fee
Fast online application
FI
Figure HELOC
Figure Lending LLC
Fastest Funding
Fixed APR
7.85%–15.54%
Credit Line
$20K–$400K
Min. Credit Score
640
Funding in as few as 5 days
Fixed rate — no payment surprises
100% online application
No prepayment penalty
SE
Spring EQ HELOC
Spring EQ LLC
High LTV
Variable APR
8.50%–16.00%
Credit Line
$50K–$500K
Min. Credit Score
640
Up to 95% CLTV — highest available
Borrow more of your equity
Fast approval process
💡 WiseIQ Tip for 640–659 Borrowers
At 640–659, consider whether improving your score by 20–40 points before applying would meaningfully lower your rate. Even a 3-month focused effort on reducing credit utilization can push you into the 680+ tier and unlock significantly better terms.
See your personalized HELOC match
Answer 2 quick questions and see which HELOC you may be eligible for — no credit pull required.
A 640–659 credit score is fair — your HELOC options are limited but not zero. Figure and Spring EQ both accept scores of 640+, and Upstart accepts 620+. You'll pay higher rates, but if you have significant home equity, a HELOC can still be your most cost-effective borrowing option.
Top Lenders for 640–659 Credit Score
Upstart (620+ — most accessible)
Figure (640+ — minimum threshold)
Spring EQ (640+ — high CLTV available)
Frequently Asked Questions
Can I get a HELOC with a 640–659 credit score?
Yes — 3 of our top-rated HELOC lenders accept a 640–659 credit score. A 640–659 credit score is fair — your HELOC options are limited but not zero. Figure and Spring EQ both accept scores of 640+, and Upstart accepts 620+. You'll pay higher rates, but if you have significant home equity, a HELOC can still be your most cost-effective borrowing option.
What HELOC rate can I expect with a 640–659 score?
With a 640–659 credit score, you can typically expect HELOC rates in the 10.50%–16.50% range, depending on your lender, loan-to-value ratio, and debt-to-income ratio. The exact rate you're offered will depend on your complete financial profile.
Does checking HELOC rates hurt my credit score?
Pre-qualifying to see your rate uses a soft credit pull, which does not affect your credit score. A hard pull only occurs when you formally submit a full application. Always pre-qualify first to compare rates before committing to a full application.
Editorial Disclosure: WiseIQ's editorial team independently researches and recommends financial products. Rates and terms are subject to change — verify current information on the lender's website before applying.