Best HELOC Rates and Lenders in Missouri (2024)

Lower is the best HELOC lender in Missouri. It offers a range of APRs, from 8.75% to 13.5%, and loans from $15,000 to $500,000. Homeowners can apply even with a credit score as low as 580, expanding access to many. It ensures that finding loan details is simple, reflecting transparency. A+ rated by the BBB, it combines attentive customer support with a no annual fee policy, making it an advantageous choice for tapping into a home's equity.

Lower is the go-to HELOC lender for Missouri homeowners seeking to save money. It offers a pocket-friendly option with an APR range of 8.75% to 13.5% and no annual fees. Homeowners can borrow from $15,000 to $500,000, fitting various needs and budgets. By choosing Lower, Missouri residents take advantage of a lender with an A+ BBB rating, a sign of reliable service. A credit score as low as 580 opens the door to these opportunities, making this lender accessible to a broader audience. Lower's product is noteworthy for its cost efficiency.

U.S. Bank is the recommended lender for Missouri homeowners with less-than-perfect credit seeking a HELOC. Bad credit doesn't knock you out of the running; it might just mean higher rates. Fortunately, U.S. Bank maintains a lower minimum credit score requirement of 660. With max APR capped at 13.1%, it prevents rates from skyrocketing. Further savings come from a 0.5% discount with autopay enrollment. Missouri residents benefit from these more manageable terms. The BBB accredits U.S. Bank, though it currently has no rating.

Bank of America is the top lender for Missouri homeowners seeking large HELOCs. With products like HE03, Bank of America offers a high max loan amount of $1 million, which is ideal for funding big expenses such as home renovations or educational costs. You get a 10-year draw period and a 20-year repayment term to manage the borrowed amount. Moreover, it does not charge annual fees, easing the financial burden over the loan's lifetime. Adding to the advantages, it offers multiple discounts, an introductory rate of 6.99% for six months and assistance during financial hardships, making it a reliable choice for Missouri residents.

For Missouri homeowners looking to wrap up their high-interest credit card or personal loan debts into a neat package, PNC Bank is the go-to HELOC lender. It's like a Swiss Army knife for your debts, with a toolbox that offers adjustable rates and a comforting 0.25% rate discount when you use autopay from a PNC checking account. With an APR range starting at 8.22% and peaking at 14.5%, it often beats out credit cards and personal loans, which usually have higher rates.

PNC helps you get into the action quickly, with funds available just three days after closing and supports a loan ceiling that goes up to $1 million, which is ideal for sweeping up all your balances in one go. Homeowners in Missouri can breathe easy knowing it also reimburses fees from the get-go, covering various upfront costs, so you can focus on getting your financial house in order. Plus, if you hit a rough patch, it's got your back with hardship assistance. And remember, manage your HELOC wisely to prevent your home from being at risk since it serves as collateral for your line of credit.