Comparing 8 offers. Updated June 2, 2026.
LightStream is the online lending division of Truist Bank offering unsecured personal loans up to $100,000 with some of the lowest APRs in the US market.
Discover offers fixed-rate personal loans with no origination fees, 30-day money-back guarantee, and direct payment to creditors for debt consolidation.
Best Egg specializes in fast, fixed-rate personal loans up to $50,000 with the option to use a vehicle as collateral for lower rates.
Figure offers fast online HELOCs with funding in as little as 5 days, leveraging blockchain technology for transparent terms and competitive rates.
Wells Fargo offers unsecured personal loans up to $100,000 with no origination fees and rate discounts for existing customers with qualifying accounts.
U.S. Bank offers unsecured personal loans up to $50,000 with no origination fees for both existing customers and new applicants in eligible states.
Truist Bank, formed by the merger of BB&T and SunTrust, offers personal loans with no origination fees and a 0.25% autopay discount.
PNC Bank offers unsecured personal loans and lines of credit with no application fees and rate discounts for existing customers with qualifying deposit accounts.
A home equity loan or HELOC (Home Equity Line of Credit) lets you borrow against the equity in your home. Because they are secured by your property, rates are much lower than unsecured personal loans.
A HELOC is a revolving line of credit secured by your home. Most US lenders let you borrow up to 80 to 85 percent of your home value minus the mortgage balance. Variable rates are tied to the prime rate, typically prime plus 0.25 to 2 percent.
A fixed-rate home equity loan delivers all the money up front with a set monthly payment. A HELOC works like a credit card, letting you draw and repay during the draw period (often 10 years). Choose fixed if you need the full amount today, HELOC if you want flexible access over time.
To qualify in the US you typically need at least 15 to 20 percent equity in your home, a FICO score of 620 to 680 minimum, a debt-to-income ratio below 43 percent, and verifiable income.
A home equity loan gives you a fixed amount up front with a fixed APR and fixed monthly payment. A HELOC is a revolving line of credit with a variable APR (typically prime plus a margin). Use a home equity loan when you know the exact amount needed; use a HELOC for ongoing or unknown costs.
Most US lenders allow you to borrow up to 80 to 85 percent of your home value minus the existing mortgage balance. On a $400,000 home with a $250,000 mortgage and 80 percent LTV, you could borrow up to $70,000.
Traditional bank HELOCs take 4 to 6 weeks. Figure can close a HELOC in 5 days using digital appraisal and electronic notarization. The faster process trades a higher origination fee for speed.
Under current US tax law, HELOC interest is deductible only when the funds are used to buy, build, or substantially improve the home that secures the loan. Personal expenses paid with HELOC funds are not deductible. Consult a tax professional.