The loans targeted by scammers, called Home Equity Lines of Credit (HELOCs), are ones that a bank will extend to a homeowner, using their home as collateral.

Home equity levels are high these days. In fact, the average homeowner currently has over $300,000 of it, according to a recent report. That's equity you can borrow against to make repairs, renovate, ...

Note: The sample rates included in the reviews are accurate as of December 1, 2025 and are subject to change at any time. What do you do if you want to tap your equity without losing your low rate?