What credit score do you need for a home equity loan?

Most lenders look for a credit score of at least 620 for a home-equity loan or HELOC, with the best rates reserved for borrowers at 700+. Some lenders will approve scores in the 580–619 range when you have strong equity and a low debt-to-income ratio, but expect higher rates and stricter terms.

Typical credit-score minimums

620 — a common floor for many home-equity lenders.
680–700 — opens up more lenders and noticeably better pricing.
700+ — generally needed for the most competitive rates.
580–619 — possible with some lenders if you have substantial equity and low debt-to-income, but at higher rates.

Credit score is only part of the decision

Home-equity lenders also weigh your loan-to-value ratio (how much equity you hold), debt-to-income ratio, and income stability. Strong equity and a low DTI can offset a middling score; a high score alone won't approve a loan if you've already borrowed against most of your equity.

How to strengthen your application

Check your reports at AnnualCreditReport.com and dispute any errors before applying.
Pay down revolving balances to lower both your utilization and your DTI.
Compare offers from multiple lenders — rates and minimums vary widely.

The numbers

Home-equity lenders evaluate credit score alongside loan-to-value (equity) and debt-to-income ratios. — CFPB
Many home-equity lenders set a minimum credit score around 620, with the best rates at higher tiers. — Experian
Federal law entitles you to free weekly credit reports from each bureau. — FTC

Key takeaways

Most home-equity lenders want 620+; 700+ earns the best rates.
580–619 is possible with strong equity and low DTI, at higher cost.
Equity (LTV) and debt-to-income matter as much as the score.
Fix report errors and lower revolving balances before applying.