Best HELOC Lenders 2026 Matched to Your Credit Score
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Compare home equity lines of credit from top lenders. See which HELOCs you may be eligible for based on your credit score — no hard pull, no account required.
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Best HELOC Lenders of 2026
Ranked by rate, approval flexibility, and credit score requirements. Updated March 2026.
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
Editor's Pick
Variable APR
8.25%–18.00%
Credit Line
$15K–$500K
Min. Credit Score
620
AI-powered underwriting — approves more borrowers
No origination fee
Fast online application
Accepts fair credit (620+)
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 — no in-person appraisal
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 in the market
Borrow more of your equity
Fast approval process
No appraisal required in many cases
BP
Bethpage Federal Credit Union
Bethpage FCU
Lowest Rate
Intro Fixed APR
6.99% (12 mo.)
Credit Line
$10K–$1M
Min. Credit Score
670
Lowest intro rate available — 6.99% for 12 months
No closing costs
Open to all US residents (easy membership)
Up to $1M credit line
Not sure which HELOC you may be eligible for?
Answer 2 quick questions and see your personalized matches — no credit pull, no account needed.
Most lenders require a minimum credit score of 620–680 for a HELOC. Upstart accepts scores as low as 620, while traditional banks typically require 680+. The higher your score, the lower your interest rate will be. Borrowers with scores above 740 typically receive the best available rates.
What is a HELOC and how does it work?
A HELOC (Home Equity Line of Credit) lets you borrow against the equity in your home — the difference between your home's value and what you owe on your mortgage. It works like a credit card: you're approved for a maximum credit line and can draw from it as needed during the draw period (typically 10 years), then repay during the repayment period (typically 20 years).
What's the difference between a HELOC and a home equity loan?
A HELOC is a revolving line of credit with a variable rate — you draw what you need, when you need it. A home equity loan is a lump-sum loan with a fixed rate and fixed monthly payments. HELOCs are better for ongoing expenses like home renovations; home equity loans are better for one-time large purchases where you want payment certainty.
How much can I borrow with a HELOC?
Most lenders allow you to borrow up to 80–95% of your home's value minus your mortgage balance (called CLTV — Combined Loan-to-Value ratio). For example, if your home is worth $400,000 and you owe $250,000, you have $150,000 in equity. At 80% CLTV, you could borrow up to $70,000. Spring EQ allows up to 95% CLTV, the highest available.
Can I get a HELOC with fair credit (below 680)?
Yes, but your options are more limited. Upstart accepts HELOC applicants with scores as low as 620, using AI-based underwriting that looks beyond just your credit score. Figure and Spring EQ accept scores of 640+. Traditional banks and credit unions typically require 680+. If your score is below 640, focus on improving it before applying — even a 20-point increase can unlock significantly better rates.
Editorial Disclosure: WiseIQ's editorial team independently researches and recommends financial products. We may earn a commission when you apply through our links. Rates and terms are subject to change — verify current information on the lender's website before applying.