The AHLOC is the best home equity loan lender if you need money fast and have poor to average credit. It’s perfect for individuals who own their homes outright and want to borrow up to 80% of the value of their place. You can get approved in 1 hour or less. Unlike traditional loans, this program does not require any down payment. In fact, you don’t even need to put anything down! All you need is proof of income and a good credit score.
KeyBank Home Equity Visa® Card
KeyBank is another popular mortgage company that offers a wide array of financial services to its customers. If you would like to buy something expensive, make big purchases, pay off bills, or just increase your cash flow, they offer great personal banking products including checking accounts, savings accounts, and credit cards.
Capital One Home Equity Loan
Capital One is the second largest bank in America and was established in 2000. Its current headquarters is located near Union Square in New York City. They offer a variety of financial products including checking accounts, credit cards, and mortgages. The capital one home equity loan comes in two different forms – fixed and variable rate. The interest rates vary depending on your credit history.
American Express Home Equity Line of Credit
American Express is a multinational financial service corporation based out of United States. It provides consumers with financial services including credit cards, insurance, travel services, and mortgages. The Amex home equity line of credit comes in several different options that includes interest-only payments, principal reduction, amortization period, and prepayment penalty. With these options, you can choose how you want to pay back your debt.
Wells Fargo Bank Home Equity Loan
Wells Fargo Bank is headquartered in San Francisco, California. It is among the oldest banks in the nation. Well Fargo offers many financial products including mortgages, auto financing, business funding, and investment advice. You can apply for a home equity loan online, over the phone, or in person at a branch location.
Chase Home Equity Line of Credit Loans
Chase Bank is headquartered in Columbus, Ohio. As one of the biggest banks in America, Chase offers many financial products and services to its customers. Chase provides personal banking services like checking accounts, credit cards and home loans. Their home equity line of credit plan is flexible since it lets you customize your minimum monthly payment to fit your budget.
U.S. Bank Home Equity Line of Credit Loan
U.S. Bank is an international financial institution based in Minneapolis, Minnesota. They provide consumers with various financial services like retail banking, credit cards, mortgages, and student loans. Their home equity lending product requires a 2 percent down payment; however, their adjustable rate home loan option doesn t require a down payment. Both plans provide low APRs.