U.S. Bank HELOC review 2026
U.S. Bank offers a variable-rate HELOC with a starting APR of 7.20%–10.85% APR (variable). It's best for borrowers who want fixed-rate locks and no-closing-cost helocs, typically wants a credit score of 660 or higher, and lends up to $750,000 at a maximum combined loan-to-value of 80%. Compare it against at least two other lenders before deciding — checking your rate through King of HELOC won't affect your credit.
U.S. Bank HELOC at a glance
| Starting APR | 7.20%–10.85% APR (variable) · as of June 2026 · usbank.com |
|---|---|
| Min. credit score | 660 |
| Max. loan | $750,000 |
| Max. CLTV | 80% |
| States | Not available in DE, SC, TX; requires U.S. Bank branch presence in state |
| Best for | Borrowers who want fixed-rate locks and no-closing-cost HELOCs |
U.S. Bank HELOC pros and cons
Pros
- Fixed-rate conversion option
- No origination fee; no required initial draw
Cons
- $75 annual fee (unless waived) and early-repayment fee
- Not available in DE, SC, or TX; branch closing often required
Who a U.S. Bank HELOC is best for
A U.S. Bank HELOC is best for borrowers who want fixed-rate locks and no-closing-cost helocs. To qualify you'll generally need a credit score around 660, a debt-to-income ratio of 43% or less, and enough equity to keep your combined loan-to-value at or below 80%. Strengthen any one of those before applying and you'll unlock better pricing — see our HELOC requirements guide and how to get the best HELOC rate.
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How this review was made (methodology)
Details above are compiled from public sources, including U.S. Bank's own published disclosures and third-party reviewers, and were accurate as of 2026-06-28. Rates are variable and change frequently. Ratings shown are third-party scores, attributed to their source — they are not King of HELOC's own ratings, and we don't publish invented ratings, rates, or customer reviews. Always confirm current terms on the lender's site before applying.
How we make money. King of HELOC is a marketing and lead-generation service, not a lender, and is not affiliated with or endorsed by U.S. Bank. We may be compensated by lending partners when you're matched with them, which can affect placement but never our editorial standards or the data on this page. All lines are subject to credit approval, income verification, and property valuation.
Compare other HELOC lenders
- Chase HELOC review — moderate lines and second-home helocs
- Bank of America HELOC review — low-fee helocs with intro rate and fixed-rate option
- PNC HELOC review — large lines and higher cltv needs
- See all best HELOC lenders →
Frequently asked questions
Is U.S. Bank a good HELOC lender?
U.S. Bank is best for borrowers who want fixed-rate locks and no-closing-cost helocs. Independent reviewers rate it 4.5/5 (NerdWallet). As with any HELOC, whether it's the best choice depends on your credit, equity, and state — compare it against at least two other lenders before deciding.
What credit score do you need for a U.S. Bank HELOC?
U.S. Bank typically looks for a credit score of 660 or higher. The lowest HELOC rates generally go to borrowers with 740+ credit, a low debt-to-income ratio, and a combined loan-to-value at or below 80%.
How much can you borrow with a U.S. Bank HELOC?
U.S. Bank lends up to $750,000 on a HELOC, subject to a maximum combined loan-to-value of 80% of your home's value minus what you still owe on your mortgage.
What states does U.S. Bank offer HELOCs in?
Not available in DE, SC, TX; requires U.S. Bank branch presence in state Availability and terms can change, so confirm on U.S. Bank's site before applying.