Regular HELOC rates

A regular HELOC is a line of credit that sits behind your mortgage. Here is the national average rate and the lender facts we have verified.

Availability varies by state. Many lenders serve only some states, and credit unions may require membership. Confirm yours with the lender.

National benchmark (FRED BRMHELOC01): 0.00% as of 0000-00-00 (700 FICO, $30K line, 80% CLTV). Source: FRED (Bankrate weekly average). This is an average, not an offer.

Regular HELOC vs 1st lien HELOC

Regular HELOC: a second loan. You keep your mortgage and add a variable-rate line of credit behind it, usually to borrow against equity.
1st lien HELOC: the line replaces your mortgage and sits in first position, so one line holds the whole balance. Few lenders offer it. See the 1st lien HELOC lenders page.

Looking to pay down a mortgage faster? Try the payoff simulator or read the payoff guide. Educational only, not advice.

Lenders we have verified

This short list is not every lender. It only includes lenders we have already checked on their own pages. Most do not publish a rate, so we show "see lender" rather than guess.

Advertiser note: no links pay us today. See Disclosures.

Important: Information comes from each lender's own web page on the date shown and from FRED. Rates vary and change without notice. This is not an offer or a commitment to lend. We are not a lender and do not recommend lenders. Verify all terms with the lender.