Editor's choice: Fiona personal loans
- Compare multiple lenders
- APR starting at 4.99%
- Loans up to $100,000
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.
Updated . What changed?
$100,000 personal loans are typically only available from a handful of online lenders. However, you may be able to find this amount with a select few banks and credit union — although you may need to provide collateral.
Select your estimated credit score and state, then click Show me my personalized options to view our list of online lenders.
These banks and credit unions have personal loan options of $100,000 or higher.
|Product||Maximum amount||APRs||Terms||Collateral required?||Learn more|
|First Republic Bank Eagle Gold Loan||$250,000||Variable, based on prime rate plus a margin||Up to 5 years||Unsecured||Read review|
|M&T Bank Cash-Secured Loan||$100,000||4.24% to 6.49%||5 to 10 years||Secured||Read review|
|Umpqua Bank secured personal loans||No set maximum||Starting at 4.16%||Up to 4 years||Secured||Read review|
|Wells Fargo unsecured personal loans||$100,000||5.49% to 24.49%||1 to 7 years||Unsecured||Read review|
It’s difficult to qualify for such a large amount without first preparing. Follow these steps and double check your information to ensure you put your best foot forward when you submit an application.
You can also review our guide on how to apply for a personal loan for more details on what lenders look for in a well-rounded borrower.
While eligibility requirements vary by lender, you typically need to meet the following criteria to qualify for such a large amount:
A bank or credit union may also require you to have a checking or savings account to qualify.
The total cost of your loan will depend on the APR and loan term you’re offered. Because $100,000 loans are limited to borrowers with excellent credit — and may require collateral — you have a better chance of scoring a low APR. This will help keep your total cost down, but you should still expect relatively high monthly repayments because of the large principal.
Some lenders may offer long loan terms, but be wary. This may lower your monthly repayment, but it will mean you pay more in interest over the life of your loan.
You can use the calculator below to see how much you’ll pay by adjusting your APR and loan term.
Let’s take a look at how much you might pay each month and in total based on different APRs and loan terms:
|Loan term||APR||Monthly payment||Total interest charges|
$100,000 personal loans typically come with a low APR — largely because you need excellent credit to qualify. But to squeeze the best deal out of your lender, use these three tips:
While all personal loans come with risk, borrowing $100,000 can put pressure on your finances. So before you sign a loan contract, keep these precautions in mind:
Your credit score is a number that represents your creditworthiness based on five factors: payment history, amounts owed, length of credit history, new credit and types of credit used.
Your credit score is the first thing most lenders will look at. Especially since you’re applying for a large personal loan, having a good to excellent credit to increase your chances of approval.
Different lenders, credit bureaus and other institutions have various credit rating systems, but a good credit score is typically in the high 600s.
Your credit report is different from your credit score. Your report is a detailed record of your credit history, including open accounts, credit inquiries and how often you make on-time payments.
You’re entitled to a free credit report from each of the three credit bureaus every year: Experian, Equifax and TransUnion. Lenders may look at the activity on these reports to see if there are any red flags that might not be apparent from your credit score.
For a loan this size, comparing your options is key to getting the lowest rate and best terms you’re eligible for. Even a slight increase in the APR you’re offered could mean a significant jump in the overall cost. But because your options are limited, it pays to learn more about personal loans so you can make the best decision for your finances.
You won’t be able to apply for a new loan unless you’re a returning customer.
Pause repayments, look for low-cost relief to cover expenses and other tips to keep your finances healthy while unemployed.
Compare 6 lenders offering loans that you can qualify for with a credit score under 580.
Get your loan payments covered when you experience a disability and can’t work, but with limited coverage.
If your hospital already borrowed, consider these alternatives before payments are due.
While the SBA is now processing PPP loan forgiveness applications, many lenders have yet to start working through their backlog.
The Balance Assist loan, set to launch in January 2021, offers loans from $100 to $500 for a flat $5 fee.
Developing a long-term relationship with your local banker can be a great investment for your business.
A standard connection service without many details on its lenders.
If you need to remove a tree from your property, consider paying with plastic.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.