All HELOCs
Online bankvariable APR FDIC
American Express National BankHELOC
American Express National Bank HELOC
A premium HELOC option with no closing costs but stricter qualification standards.
10.25%
variable APR
Draw period
10 years
Repayment period
20 years
Closing costs
$0
Annual fee
$0
Min credit score
720
Max CLTV
80%
Min loan
$30,000
Max loan
$500,000
Pros and cons
Pros
- No closing costs
- High maximum loan amount
- Trusted brand
Cons
- Higher APR
- Stricter credit score requirements