All HELOCs
Online bankvariable APR FDIC
CIT BankHELOC
CIT Bank HELOC
A digital-first HELOC priced near the national average from a well-established online bank.
9.00%
variable APR
Draw period
10 years
Repayment period
20 years
Closing costs
$100
Annual fee
$0
Min credit score
700
Max CLTV
80%
Min loan
$25,000
Max loan
$350,000
Pros and cons
Pros
- Online-only convenience
- No annual fee
- Reasonable closing costs
Cons
- Higher minimum credit score
- Variable rate