If you’re interested in a home equity loan, we’ll help you choose the best home equity loan lender.

A home equity loan is a second mortgage that allows you to borrow against the value of your home, minus what you owe. Consider your home equity loan needs and then shop the lenders below — and if you want to consider other home equity products, read on for more about your options.

Best Home Equity Loan Lenders

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Lender

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Rocket Mortgage, LLC

Rocket Mortgage, LLC: NMLS#3030

4.0

/5

Home equity loans

Best for high customer satisfaction

680

 

90%

Top 3 most visited 🏆

LEARN MOREat Rocket Mortgage, LLC

at Rocket Mortgage, LLC
New American Funding

New American Funding: NMLS#6606

4.0

/5

Home equity loans

Best for low fees

660

 

80%

Top 3 most visited 🏆

LEARN MOREat New American Funding

at New American Funding
Network Capital

Network Capital: NMLS#11712

5.0

/5

Home equity loans

Best for high borrowing limit

660

 

90%

Pennymac

Pennymac: NMLS#35953

4.5

/5

Home equity loans

Best for flexible repayment terms

680

 

85%

Top 3 most visited 🏆

LEARN MOREat Pennymac

at Pennymac
Carrington

Carrington: NMLS#2600

4.0

/5

Home equity loans

Best for existing Carrington customers

640

 

85%

Navy Federal

Navy Federal: NMLS#399807

5.0

/5

Home equity loans

Best for high borrowing limit

N/A

 

100%

Flagstar

Flagstar: NMLS#417490

4.5

/5

Home equity loans

Best for high borrowing limit

700

 

85%

US Bank

US Bank: NMLS#402761

4.0

/5

Home equity loans

Best for no closing costs

660

 

80%

Andrews Federal Credit Union

Andrews Federal Credit Union: NMLS#410421

4.0

/5

Home equity loans

Best for high borrowing limit

N/A

 

95%

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