Best HELOC Lenders by State 2026
We compared 6 HELOC lenders available in all 50 states on rate, combined LTV, funding speed, and credit requirements. Figure leads on speed at 5 days from application to funding. PenFed leads on rate for variable products. Select your state below for lender rankings, local rate data, and city-level comparisons.
States CoveredAll 50
Rate Range8.4% to 9.1%
Max LTVUp to 95%
Fastest Funding5 Days
Updated June 2026 · Editorial Independence Policy
Related ToolCalculate how much equity you can access before you apply
Open CalculatorBest HELOC Lenders 2026: National Comparison
| Lender | Rate Type | Max LTV | Best For |
|---|---|---|---|
| Figure (Editor's Choice) | Fixed | 95% | Fastest funding (5 days) |
| PenFed Credit Union | Variable | 90% | Lowest variable rates |
| Bethpage Federal | Variable | 90% | No closing costs |
| Bank of America | Variable | 85% | Preferred Rewards discount |
| U.S. Bank | Variable | 85% | High credit limits |
| Navy Federal | Variable | 95% | Military and veterans |
All six lenders operate in all 50 states. Rate data current as of June 2026. Texas residents: state constitutional rules cap HELOCs at 80% combined LTV. Your actual rate depends on credit score, combined LTV, and draw amount.
1
Check RateFigureEditor's Choice
Fixed rate · 95% max LTV · Fastest funding (5 days)2
Check RatePenFed Credit Union
Variable rate · 90% max LTV · Lowest variable rates3
Check RateBethpage Federal
Variable rate · 90% max LTV · No closing costs4
Check RateBank of America
Variable rate · 85% max LTV · Preferred Rewards discount5
Check RateU.S. Bank
Variable rate · 85% max LTV · High credit limits6
Check RateNavy Federal
Variable rate · 95% max LTV · Military and veteransAlabamaAL
Avg Equity$88,000
Rate8.9%
Max LTV85%
AlaskaAK
Avg Equity$158,000
Rate9.0%
Max LTV85%
ArizonaAZ
Avg Equity$188,000
Rate8.7%
Max LTV85%
ArkansasAR
Avg Equity$88,000
Rate8.8%
Max LTV85%
CaliforniaCA
Avg Equity$448,000
Rate8.5%
Max LTV85%
ColoradoCO
Avg Equity$278,000
Rate8.6%
Max LTV85%
ConnecticutCT
Avg Equity$238,000
Rate8.6%
Max LTV85%
DelawareDE
Avg Equity$148,000
Rate8.7%
Max LTV85%
FloridaFL
Avg Equity$188,000
Rate8.7%
Max LTV85%
GeorgiaGA
Avg Equity$138,000
Rate8.7%
Max LTV85%
HawaiiHI
Avg Equity$398,000
Rate8.8%
Max LTV85%
IdahoID
Avg Equity$198,000
Rate8.7%
Max LTV85%
IllinoisIL
Avg Equity$138,000
Rate8.7%
Max LTV85%
IndianaIN
Avg Equity$108,000
Rate8.7%
Max LTV85%
IowaIA
Avg Equity$98,000
Rate8.7%
Max LTV85%
KansasKS
Avg Equity$88,000
Rate8.8%
Max LTV85%
KentuckyKY
Avg Equity$98,000
Rate8.8%
Max LTV85%
LouisianaLA
Avg Equity$88,000
Rate8.8%
Max LTV85%
MaineME
Avg Equity$218,000
Rate8.7%
Max LTV85%
MarylandMD
Avg Equity$238,000
Rate8.6%
Max LTV85%
MassachusettsMA
Avg Equity$328,000
Rate8.5%
Max LTV85%
MichiganMI
Avg Equity$108,000
Rate8.7%
Max LTV85%
MinnesotaMN
Avg Equity$148,000
Rate8.7%
Max LTV85%
MississippiMS
Avg Equity$78,000
Rate8.9%
Max LTV85%
MissouriMO
Avg Equity$108,000
Rate8.8%
Max LTV85%
MontanaMT
Avg Equity$218,000
Rate8.8%
Max LTV85%
NebraskaNE
Avg Equity$108,000
Rate8.8%
Max LTV85%
NevadaNV
Avg Equity$168,000
Rate8.7%
Max LTV85%
New HampshireNH
Avg Equity$218,000
Rate8.6%
Max LTV85%
New JerseyNJ
Avg Equity$268,000
Rate8.6%
Max LTV85%
New MexicoNM
Avg Equity$128,000
Rate8.8%
Max LTV85%
New YorkNY
Avg Equity$298,000
Rate8.6%
Max LTV85%
North CarolinaNC
Avg Equity$138,000
Rate8.7%
Max LTV85%
North DakotaND
Avg Equity$118,000
Rate8.8%
Max LTV85%
OhioOH
Avg Equity$108,000
Rate8.7%
Max LTV85%
OklahomaOK
Avg Equity$88,000
Rate8.8%
Max LTV85%
OregonOR
Avg Equity$228,000
Rate8.7%
Max LTV85%
PennsylvaniaPA
Avg Equity$148,000
Rate8.7%
Max LTV85%
Rhode IslandRI
Avg Equity$208,000
Rate8.7%
Max LTV85%
South CarolinaSC
Avg Equity$138,000
Rate8.7%
Max LTV85%
South DakotaSD
Avg Equity$118,000
Rate8.8%
Max LTV85%
TennesseeTN
Avg Equity$148,000
Rate8.7%
Max LTV85%
TexasTX
Avg Equity$138,000
Rate8.7%
Max LTV80%
UtahUT
Avg Equity$238,000
Rate8.7%
Max LTV85%
VermontVT
Avg Equity$198,000
Rate8.7%
Max LTV85%
VirginiaVA
Avg Equity$228,000
Rate8.6%
Max LTV85%
WashingtonWA
Avg Equity$318,000
Rate8.6%
Max LTV85%
West VirginiaWV
Avg Equity$68,000
Rate8.9%
Max LTV85%
WisconsinWI
Avg Equity$118,000
Rate8.7%
Max LTV85%
WyomingWY
Avg Equity$138,000
Rate8.8%
Max LTV85%