HELOC by state
HELOC rules vary by state. While the basics of a home equity line of credit are the same nationwide, your maximum borrowing, required disclosures, and consumer protections depend on where your home is — Texas, for example, caps total home-equity borrowing at 80% of value. These state guides explain the local rules so you know what to expect before you apply.
- Alabama
- Arizona
- California
- Colorado
- Florida
- Georgia
- Illinois
- Indiana
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Missouri
- New Jersey
- New York
- North Carolina
- Ohio
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Virginia
- Washington
- Wisconsin
Frequently asked questions
Do HELOC rules vary by state?
Yes. The core mechanics of a HELOC are national, but maximum loan-to-value caps, required disclosures, cooling-off periods, and homestead protections vary by state. A few states, such as Texas, have unusually strict home-equity rules written into state law.
Are HELOC rates different in each state?
HELOC rates are set by individual lenders and track the national prime rate plus a margin, so they do not vary dramatically by state. Availability does vary, though — some lenders only operate in certain states, so your options can differ depending on where you live.