All HELOCs
Online bankvariable APR FDIC
Marcus by Goldman SachsHELOC
Marcus HELOC
A straightforward variable-rate HELOC from a well-known online lender.
9.50%
variable APR
Draw period
10 years
Repayment period
20 years
Closing costs
$200
Annual fee
$0
Min credit score
700
Max CLTV
80%
Min loan
$25,000
Max loan
$400,000
Pros and cons
Pros
- Backed by Goldman Sachs
- No annual fee
- Online application
Cons
- Higher rate than some competitors
- Modest closing costs