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.

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✅ 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]

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🧐 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.

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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?

Online lenders Fintech companies and online mortgage lenders can provide a streamlined application process and fast funding, especially if you prefer to manage the process digitally. Rocket Mortgage: One of the largest online home equity lenders in the U.S., with a comprehensive digital process.Figure Lending: Specializes in fixed-rate HELOCs and has a quick online application.SoFi: Offers home equity products and is known for its user-friendly online experience.Achieve: Offers home equity loans for borrowers with lower credit scores. How to choose a lender Compare different lender types: Get quotes from at least one bank, one credit union, and one online lender to see a range of interest rates and fees.Check your existing bank or credit union: See what your current financial institution offers. Since you are an existing customer, you may be eligible for special benefits or rate reductions.Consider your needs: If you need a small loan, a credit union like Connexus might be best. If you want a fixed-rate loan, some lenders like Figure specialize in that product.Compare your offers: After collecting a few quotes, review the details beyond just the interest rate. Compare origination fees, closing costs, and any prepayment penalties to find the best fit for your financial situation.

U.S. Bank: Offers high loan amounts and often covers all closing costs.

BMO: Provides a variety of home equity loans with terms up to 20 years.

PNC Bank: Known for fast funding and offers HELOCs with low minimums.

Regions Bank: A strong option for borrowers in the South and Midwest.

Fifth Third Bank: A regional bank with competitive rates and customer service.

TD Bank: Offers both home equity loans and HELOCs with longer repayment terms.