who offers home equity loans for my home?

Data as of Sep 23, 2026 · See how Parse measures this

Sources AI cites for this prompt

Source	Citation share
Best home equity lines of credit (HELOC) lenders of August 2026https://www.cnbc.com/select/best-heloc-lenders/	100%

Recent AI responses to this prompt

Offers Home Equity Loans for My Home AI recommendations | Parse

If you’re looking to tap your home equity – meaning you’ll borrow against the value of your home that you’ve already built up – here are some reputable lenders in the U.S. who offer home‐equity loans (also known as fixed second mortgages) and/or HELOCs (home equity lines of credit). I’ll also include what to watch out for so you can compare offers smartly.

✅ Some lenders worth checking

Here are several lenders that make home‑equity products available. Note: availability and terms depend on your state, your home’s value, your credit, debt‑to‑income, etc.

• Rocket Mortgage

This online lender offers home equity loans (fixed‑rate) in many states; they are cited as “best for high borrowing limit” by CNBC Select. 1
They allow loan‑to‑value (LTV) up to ~90% in some cases. 2
Good if you have a large amount of equity and want a fixed‐loan rather than a line of credit.

• TD Bank

Offers home equity loans in several states; good for borrowers with credit scores around or above 680 (depending on other factors). 3
Terms: varying repayment lengths, and they mention LTVs up to ~89.99% in some marketing. 4

• U.S. Bank

Considered among the top “best overall” for home‐equity loans in one comparison. Minimum credit score ~660 in that case. 5
Their rates start in a competitive range, but your individual rate will vary. 6

• Navy Federal Credit Union

Especially good if you qualify (military or veteran membership) — they offer home equity loans and HELOCs with high LTVs (e.g., up to ~95%) in some offers. 7

• Discover Bank

In some listings as a solid option for home equity loans with comparatively flexible requirements (e.g., minimum credit around 620 stated in one source). 8

• Regions Bank

Highlighted for competitive rates and no closing costs in some cases. 9

🧐 What you should compare & ask about

When choosing a lender for a home‑equity loan, keep these factors in mind:

Loan‑to‑Value (LTV) / Combined Loan‐to‐Value (CLTV): How much of your home’s value you can borrow against (after your existing mortgage). Some lenders allow high (80‑90%+), others are more conservative.
Credit score / debt‑to‑income ratio (DTI): Better credit and lower DTI often = better rates.
Interest rate (APR) / fixed vs variable: A home equity loan is typically fixed rate; HELOCs may be variable.
Repayment term: 10, 15, 20, 30 years etc. The shorter the term → higher monthly payment but less total interest.
Fees / closing costs: Some lenders waive or reduce fees; others charge appraisal, origination, etc.
State availability: Some lenders do not offer products in all states. Check your state.
Purpose & risks: Using your home as collateral is serious — if you cannot pay, there’s risk of foreclosure. Also, if home values drop, you may owe more than home is worth.
Your existing first mortgage rate: If your existing mortgage rate is very low, adding debt on top may affect your decision; sometimes a cash‑out refinance could make sense instead.

If you like, I can *look up lenders that are available specifically in Kentucky / Owensboro area (your state) and compare current rates/offers for you. Would you like me to do that?