Best Ohio Home Equity Rates for May 2025

Rocket Mortgage: Find a simple mortgage solution that works for you

Home equity use is surging in popularity with homeowners with great credit to pay down high-interest debt quickly or make home improvements.

How to calculate your home equity rate with Rocket Mortgage:

1. Check out the Rocket Mortgage Home Equity tool.¹ <p>Rocket Mortgage, LLC; NMLS #3030; <a href="https://www.nmlsconsumeraccess.org/">https://www.nmlsconsumeraccess.org/</a>. Equal Housing Lender. Licensed in 50 states.</p>
2. Answer a few questions about your home.
3. Lock in your personalized rate and payment.

Calculate your rate today for $0

LendingTree: Compare home equity rates and turn your home’s value into extra cash

If you need to pay a huge expense right now (credit card debt, for example), tapping into your home equity could be the perfect solution. And right now could be the perfect time to access the value you've built up, without giving up your current mortgage.

Use LendingTree’s simple matching tool² <p>LendingTree, LLC is a Marketing Lead Generator and is a Duly Licensed Mortgage Broker, as required by law, with its main office located at 1415 Vantage Park Drive, Suite 700, Charlotte, NC 28203, NMLS Unique Identifier #1136. LendingTree, LLC is known as LT Technologies in lieu of true name LendingTree, LLC in NY. LendingTree technology and processes are patented under U.S. Patent Nos. 6,385,594 and 6,611,816 and licensed under U.S. Patent Nos. 5,995,947 and 5,758,328. © 2024 LendingTree, LLC. All Rights Reserved. This site is directed at, and made available to, persons in the continental U.S., Alaska and Hawaii only. Terms and Conditions may apply. </p> to compare home equity rates and find one that works for you.

Depending on what you need, you could choose from a variety of equity options — all backed by the equity in your home. Rates could be much lower than personal loans or credit cards, helping you save more over time.

How to compare home equity rates on LendingTree:

1. Check out LendingTree’s home equity matching tool.
2. Answer a few questions.
3. Get matched with personalized offers for you.

Compare home equity rates now

Aven: Access a credit limit from $5,000-$250,000 (without touching your mortgage rate)

If you need cash, you do not need a cash advance or personal loan — calculate your rate for a HELOC instead.

Calculate the rate for your home equity with Aven for a fraction of the time and cost of a traditional HELOC. With a 100% online process, you could get approved in as fast as 15 minutes and access funds as soon as 3 business days after closing!

The best part? The Aven HELOC gives you options. Access cash upfront with a full draw at a low fixed rate APR or use a standard revolving credit line with a variable APR.³ <p>The annual percentage rate (“APR”) is the cost of credit as a yearly rate and does not include costs other than interest. The APR is a variable rate based on the Wall Street Journal prime rate (“Index”) published by the Wall Street Journal in its Money Rates section. The WSJ Prime Rate as of Jan 10th, 2025 is 7.50%. Your variable APR is based on the Index plus a margin that takes into account your creditworthiness, collateral value, etc. Your APR is subject to change as allowed by applicable law. Best rates available only to the highest-qualified borrowers. The maximum APR will not exceed 18% during the life of your account. Cash Out (draw to bank account) fee and Balance Transfer fee is 0% of amount transferred. This fee is subject to change. The county where your property is located may charge recording fees. If your line is greater than $25,000, you are responsible for paying these costs. These costs will be placed in a 12-month interest free, fixed term loan and be part of your Minimum Payment Due.</p> <p>Cash back available to those who enroll in AutoPay, refer to <a href="https://www.aven.com/docs/AutoPayAgreement.pdf">AutoPay Terms & Conditions</a>. Cash back applies to valid purchases (not on refunds or returns) made using the Aven card, and does not apply to non-card transactions, including balance transfers, cash-outs, or reward redemptions. Cash back is accumulated as points and redeemable as statement credit. Refer to <a href="https://www.aven.com/public/docs/CashbackTerms/post2025MarFixedTermWithFirstDrawFeeAndPRPPAndShadowLimit">Rewards Terms & Conditions</a>.</p> <p>If you have an existing second lien (“Second Lien”) on your subject property, you acknowledge and agree that we may transfer your application to our refinance product (subject in all cases to credit approval). The refinance product may have different terms and conditions than the initial product you applied for. Please review the Early HELOC Disclosure for more information.</p> <p>Our APR is 6.99-15.49% for primary residences. The average for other cards in the US for people with good credit is over 24% APR. Source: "Average Credit Card Interest Rates" <a href="https://wallethub.com/edu/cc/average-credit-card-interest-rate/50841">wallethub.com</a> on Jan 15, 2024 showing the average rate for credit cards in the US for people with good credit is 24.10% APR.</p> <p>If you have an active HELOC agreement or offer within the last 30 days that demonstrates a lower cost than ours, we’ll beat the offer or send you $250. Introductory, temporary, and promotional offers do not apply toward our guarantee. Only valid for new customers who received this specific offer. We reserve the right to change the terms of the guarantee at any time. <a href="https://www.aven.com/public/docs/HelocGuaranteedLowestCost/post2025MarFixedTermWithFirstDrawFeeAndPRPPAndShadowLimit">Guarantee Terms and Conditions</a>.</p> <p>Our fixed monthly payment option (Aven Simple Loan) is available based on your Var APR plus fees not exceeding the High Cost Mortgage threshold set by law. Your rate will not increase while the Aven Simple Loan plan is open.</p> <p>If you opened a HELOC within the last 30 days or received a fully underwritten HELOC offer within the last 30 days, we’ll beat your APR or give you $250. Offer subject to verification and approval. Terms apply. <a href="https://www.aven.com/public/docs/HelocGuaranteedLowestCost/post2025MarFixedTermWithFirstDrawFeeAndPRPPAndShadowLimit">Guarantee Terms and Conditions</a>.</p> <p>Subject to Credit Approval, including use of data reports from Experian, Equifax and Transunion. Limit of one Account per property. Certain terms and conditions may apply. Terms may vary by applicant and are subject to change. Availability limited to certain states. See <a href="https://www.aven.com/licenses">aven.com/licenses</a> for more details. Not available for multi-unit homes. Requires a lien on your property. Flood insurance may be required if your property is located in a flood zone. Not available for home purchase. If you have an existing second lien (“Second Lien”) on your subject property, you acknowledge and agree that we may transfer your application to our refinance product (subject in all cases to credit approval). The refinance product may have different terms and conditions than the initial product you applied for. Please review the Early HELOC Disclosure for more information.</p> <p>Note for customers in AK, AL, IA, KS, KY, LA, MN, MS, NE, OK, OR, PA, UT, WI and WY: We currently only offer lines up to $100,000. Check back soon for higher line sizes.</p> <p><a href="https://www.aven.com/docs/SpanishDisclosure.pdf">Notice to Consumers about all Languages. Para Español, consulte este documento</a>.</p> <p>Aven cards are arranged by Aven Financial, Inc., dba "Aven" or "AvenCard" (in AR, ID, and PA). NMLS #2042345. See <a href="https://www.aven.com/licenses">aven.com/licenses</a> for state specific details. Aven reserves the right to modify or discontinue its products or offerings at any time without notice.</p> <p>Aven Visa Credit Cards are issued by Coastal Community Bank, pursuant to a license from Visa U.S.A., Inc. Aven accounts are made by Coastal Community Bank, Member FDIC. Equal Housing Lender. NMLS #462289 (<a href="https://nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/462289">NMLS Consumer Access Page</a>). For additional information or complaints to Coastal Community Bank, visit <a href="https://www.federalreserveconsumerhelp.gov">www.federalreserveconsumerhelp.gov</a>.</p> Repay that full draw with a fixed monthly payment that works for your budget.

How to calculate your HELOC rate with Aven:

1. Answer a few simple questions.
2. Check your rate with no impact on your credit score.
3. Accept your personalized HELOC rate and close 100% online.

700+ Credit Score: Check your HELOC rate for $0

Unlock: Access your home equity to pay off debt (no payments for 10 years)

If you’re struggling with debt, your home equity could help pay it down — but strict traditional lending requirements can lock some people out. If that’s you, a home equity agreement (HEA) from Unlock could help.

With Unlock, tap into up to $500,000 of your home equity and make no payments for 10 years. It’s not a loan, so there’s no interest rate uncertainty and no monthly payments. Instead, Unlock gives you cash in exchange for a portion of your home’s future value:

• Access up to $500,000 of your home’s equity.
• No payments or interest charges for ten years.
• No need to calculate or worry about rates.
• Minimum credit score: 500+.

Unlock has an A+ rating from the BBB, and you can verify your property value and equity in 60 seconds, with no impact on your credit score. Calculate what you’re eligible for, and you could have the funds you need to end your toxic debt loop sooner than you think.

Apply for a home equity agreement with Unlock

New American Funding: Borrow from your home’s equity (even with a lower credit score)

You could get a good amount of money in your pocket from your home equity. You just need to know where and how to compare home equity loan rates. If your credit score is between 580 and 679, a company called New American Funding could help.

More and more homeowners are tapping into their home equity due to how helpful it can be. And even with a lower credit score, New American Funding helps you compare top home equity options to potentially get you out of crippling debt or fund home improvements. All without affecting your mortgage.

If you need money now, it couldn’t be easier to compare rates and see what you qualify for. Just go to New American Funding, answer a few questions, and check out their personalized options for you.

Calculate your home equity rate with New American Funding