Best HELOC Lenders of November 2025

Fourleaf's HELOC features no origination or annual fee and solid customer support, but be prepared for a slower closing.

Online lender Figure is one of the top HELOC lenders in the nation by loan volume. The main appeal is its fast closing, but you’ll need to draw 100% of the line amount at closing and only have five years to keep borrowing.

Rate's HELOC has browsable rates and relatively fast closing, but note required initial withdrawal and shorter-than-usual draw period.

NC SECU's HELOC delivers low fees and a high borrowing limit, but closing may be slower. Credit union membership is limited.

U.S. Bank's HELOC has no origination fee and no initial draw requirement. However, the lender charges a $75 annual fee (waived for those with a U.S. Bank Platinum checking account).

Navy Federal Credit Union, a top HELOC lender by loan volume, stands out for its high borrowing limit and long draw period of 20 years. Credit union membership is limited.

TD Bank is a major HELOC lender, featuring a high borrowing limit and the option to fix your rate. Borrowers with a TD Bank checking account can get a rate discount.

PenFed’s HELOC is a solid choice for borrowers who want a standard HELOC. This easy-to-join credit union offers a relatively fast closing, but charges an annual fee of $99.

Truist, one of the largest HELOC lenders in the country, offers an interest rate below prime for the first nine months, and borrowers can get a rate discount. However, you won’t find customized rates online.

PNC, a large HELOC lender, offers an intro rate below prime for the first six months, a wide range of repayment terms and no initial draw requirements. However, there is an annual fee of $50.

Bank of America's HELOC features no annual fee as well as options for a rate discount and fixed rate, but time to close may be opaque.

Golden 1's HELOC delivers low fees and a fixed-rate option to California members, though time to close is not clear.

Citizens Bank is one of the largest HELOC lenders in the country by volume. You’ll find fast closing, and bank customers can get a rate discount but may miss a long repayment window.