Home Equity Loans & HELOCs by State
We're licensed to offer home equity loans and HELOCs in 15 states. Choose your state for local home values, borrowing examples, and the rules that affect your closing.
- AlabamaALMedian home value $209,900Birmingham · Huntsville · Montgomery
- ArkansasARMedian home value $188,000Little Rock · Fayetteville · Springdale
- ColoradoCOMedian home value $539,400Denver · Colorado Springs · Aurora
- DelawareDEMedian home value $352,000Wilmington · Dover · Newark
- FloridaFLMedian home value $359,000Miami · Tampa · Orlando
- IndianaINMedian home value $218,200Indianapolis · Fort Wayne · Evansville
- MichiganMIMedian home value $231,600Detroit · Grand Rapids · Ann Arbor
- North DakotaNDMedian home value $249,900Fargo · Bismarck · Grand Forks
- OhioOHMedian home value $214,800Columbus · Cleveland · Cincinnati
- PennsylvaniaPAMedian home value $254,500Philadelphia · Pittsburgh · Allentown
- Rhode IslandRIMedian home value $404,200Providence · Warwick · Cranston
- South CarolinaSCMedian home value $259,000Charleston · Columbia · Greenville
- South DakotaSDMedian home value $257,400Sioux Falls · Rapid City · Aberdeen
- TennesseeTNMedian home value $286,700Nashville · Memphis · Knoxville
- West VirginiaWVMedian home value $162,600Charleston · Huntington · Morgantown
Compare Home Values Across Our States
Higher home values generally mean more equity to borrow against. The U.S. median home value is $332,700.
| State | Median home value | Homeownership rate | Monthly owner costs (with mortgage) |
|---|---|---|---|
| Alabama | $209,900 | 70.2% | $1,433 |
| Arkansas | $188,000 | 66.4% | $1,345 |
| Colorado | $539,400 | 66.2% | $2,326 |
| Delaware | $352,000 | 73.0% | $1,816 |
| Florida | $359,000 | 67.6% | $1,959 |
| Indiana | $218,200 | 70.6% | $1,404 |
| Michigan | $231,600 | 73.2% | $1,569 |
| North Dakota | $249,900 | 62.9% | $1,762 |
| Ohio | $214,800 | 67.2% | $1,517 |
| Pennsylvania | $254,500 | 69.3% | $1,762 |
| Rhode Island | $404,200 | 63.6% | $2,234 |
| South Carolina | $259,000 | 71.9% | $1,529 |
| South Dakota | $257,400 | 68.6% | $1,680 |
| Tennessee | $286,700 | 66.9% | $1,566 |
| West Virginia | $162,600 | 74.9% | $1,255 |
Source: U.S. Census Bureau, American Community Survey 5-year estimates (2020-2024).
Don't see your state?
We only accept applications for homes in the states listed above. We do not currently offer loans in other states, including California, Georgia, New York, North Carolina, Oregon, Texas, or Virginia. You can still use our home equity calculator and guides to compare offers from lenders licensed in your state.
State Availability FAQs
Which states do you offer home equity loans and HELOCs in?
We currently offer home equity products in 15 states: Alabama, Arkansas, Colorado, Delaware, Florida, Indiana, Michigan, North Dakota, Ohio, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, West Virginia.
What if my state isn't listed?
We can only take applications for properties in states where we are licensed. If your home is in another state, we can't help with a loan right now, but our guides and calculator can still help you compare options with lenders licensed where you live.
Does my state affect my home equity rate?
Your rate is mainly driven by your credit score, combined loan-to-value ratio, debt-to-income ratio, and loan amount. State-specific costs like recording taxes (for example, in Florida and Tennessee) and attorney closing requirements (such as in South Carolina) can change your closing costs.