BEST OF
Best Home Equity Loan Lenders of 2021
If you're interested in a home equity loan, we'll help you choose the best home equity loan lender. Our top picks of 2021 have an efficient application process, explain loan options clearly and tailor their services to your needs.
The best home equity loan lenders have an efficient application process, explain loan options clearly and tailor their services to the varying needs of individual borrowers.
NerdWallet has reviewed the leading lenders in the nation, and found some standouts when it comes to home equity loans. We have also shared some of our top picks for home equity lines of credit and cash-out refinances, which are two other ways to tap your home equity.
Consider your home equity loan needs and then shop the lenders below, confident that they're among the best.
The best home equity loan lenders have an efficient application process, explain loan options clearly and tailor their services to the varying needs of individual borrowers.
NerdWallet has reviewed the leading lenders in the nation, and found some standouts when it comes to home equity loans. We have also shared some of our top picks for home equity lines of credit and cash-out refinances, which are two other ways to tap your home equity.
Consider your home equity loan needs and then shop the lenders below, confident that they're among the best.
Summary of Best Home Equity Loan Lenders of 2021
Lender | NerdWallet Rating | Minimum Credit Score | National / Regional | Learn More |
---|---|---|---|---|
Best for cash-out refinance | 620 | National | at Guaranteed Rate | |
Best for cash-out refinance | 620 | Regional | at Reali Loans | |
Best for home equity loans | 620 | National | at Northpointe | |
Best for home equity loans | 620 | National | Read review | |
Best for home equity loans | N/A | National | Read review | |
Best for home equity loans | 620 | Regional | Read review | |
Best for home equity loans | 620 | National | Read review | |
Best for home equity loans | 640 | National | Read review | |
Best for home equity loans and lines of credit | 620 | National | Read review | |
Best for home equity line of credit | 620 | National | Read review | |
Best for home equity line of credit | N/A | National | Read review |
Our picks for
cash-out refinance
at Guaranteed Rate
Guaranteed Rate: NMLS#2611

Min. Credit Score
National / Regional
at Guaranteed Rate
at Reali Loans
Reali Loans: NMLS#991397
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Min. Credit Score
National / Regional
at Reali Loans
Our picks for
home equity loans
at Northpointe
Northpointe: NMLS#447490
Min. Credit Score
Min. Down Payment
at Northpointe
US Bank: NMLS#402761

National / Regional
Max LTV
Citibank: NMLS#412915

National / Regional
Max LTV
BB&T (Truist): NMLS#399803

National / Regional
Max LTV
Flagstar: NMLS#417490

National / Regional
Max LTV
Connexus: NMLS#649316

National / Regional
Max LTV
Our pick for
home equity loans and lines of credit
Home equity lines of credit, or HELOCs, offer the convenience of drawing on your home's equity only as you need it.
Our picks for
home equity line of credit
SunTrust (Truist): NMLS#2915

National / Regional
Max LTV
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Last updated on January 2, 2021
Methodology
NerdWallet's star ratings for mortgage lenders are awarded based on our evaluation of the products and services each lender offers to consumers who are actively shopping for the best mortgage. The five key areas we evaluated include the variety of loan types and products offered, online conveniences, online mortgage rate information, and the rate spread and origination fee lenders reported in the latest available Home Mortgage Disclosure Act data. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.
To recap our selections...
NerdWallet's Best Home Equity Loan Lenders of 2021
- Guaranteed Rate: Best for cash-out refinance
- Reali Loans: Best for cash-out refinance
- Northpointe: Best for home equity loans
- US Bank: Best for home equity loans
- Citibank: Best for home equity loans
- BB&T (Truist): Best for home equity loans
- Flagstar: Best for home equity loans
- Connexus: Best for home equity loans
- PNC: Best for home equity loans and lines of credit
- SunTrust (Truist): Best for home equity line of credit
- PenFed: Best for home equity line of credit