In this guide

  • Review
  • Details
    • Features
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

Huntington Bank home equity review

  • Avatar
Huntington Bank
Minimum credit score
Home equity loans and HELOCs: Varies by borrower, but ideally in the high 600s
State availability
Only available in: CO, FL, IL, IN, KY, MI, MN, OH, PA, WI, WV


This lender offers reduced-cost home equity loans and HELOCs, but it’s only available in select states.

Huntington Bank offers no-application-fee home equity loans and HELOCs with no closing costs and rate discounts, but they’re only available in select states, and the lender’s customer marks aren’t the greatest.

In this guide

  • Review
  • Details
    • Features
  • Your reviews
  • Ask a question



Loan products offered Home equity loan, HELOC
Minimum credit score Home equity loans and HELOCs: Varies by borrower, but ideally in the high 600s
APR range Home equity: 6.09% to 8.17% APR
HELOC: 2.96% to 18% APR APR
Repayment terms Home equity: 5, 10, 15 or 20 years
HELOC: 10-year draw and 20-year repayment period
Loan limits Home equity: $10,000 to $750,000
HELOC: $10,000 to $750,000
State availability Only available in: CO, FL, IL, IN, KY, MI, MN, OH, PA, WI, WV

Our take on Huntington Bank

If you’re after a low-cost HELOC, Huntington Bank may be a good option, especially if you already do your checking and have annuity investments with the lender. While qualifying for its discount programs isn’t easy, if you do have a qualifying balance, you only have to pay third-party fees to establish your account.

But Huntington’s interest rates on home equity loans are significantly higher than other lenders we’ve looked at, and its customer service is lacking.

Special discounts

Huntington offers two relationship discounts for HELOCs to its new and existing bank customers.

  • Interest rate discount. You can get between .15% and .50% in interest rate discounts on your HELOC for having a Huntington 25 checking account, Private Client account or annuity account with the Huntington Investment company. Your discount amount is based on all your account balances, but you must have at least $25,000 across your deposit and investment accounts with Huntington.
  • Waived annual fee. If you qualify for a rate discount, the bank also waives your annual fee for as long as your checking account is open.

What home equity products does Huntington Bank offer?

Huntington Bank offers the following types of home equity products.

  • Home equity loan. A fixed-rate installment loan with loan limits ranging from $10,000 to $750,000. As of May 2022, advertised rates are 6.09% to 8.17% APR and loan terms are available for 5, 10, 15 or 20 years.
  • HELOC (Home Equity Line of Credit). A no-closing-cost, adjustable-rate revolving line of credit with balance limits ranging from $10,000 to $750,000. This credit line comes with a $60 annual fee. During the draw period, you can convert portions of your credit line into fixed-rate subaccounts for a fee. But you will most likely pay a higher interest rate on your fixed-rate accounts because the minimum APR is 5.49%.


  • No-fee HELOCs. Huntington Bank doesn’t charge any fees to set up a HELOC product, regardless of the amount, but it does charge a $60 annual fee.
  • Rate discounts available. Huntington Bank offers interest rate discounts on its HELOCs to customers with an eligible balance in a Huntington 25 checking account, Private Client account or annuity account opened with the Huntington Investment company.
  • HELOCs can be converted to a fixed rate. While HELOCs are adjustable-rate loans, Huntington Bank allows you to convert set amounts of your variable line HELOC to a fixed rate for a $75 fee.


  • Negative online reviews. Hundreds of customers have left negative reviews online and filed complaints on the Better Business Bureau (BBB) website concerning billing errors, excessively long hold times on deposited funds and paid-off liens not being released in a timely manner.
  • Limited state availability. Huntington Bank only offers home equity products in a limited number of states.
  • Home equity rates are high. Huntington Bank’s home equity lines start at 6.09% for a five-year term, which is relatively high compared to other lenders’ rates for similar products.

Huntington Bank requirements are standard

To find out if you’re eligible for a Huntington Bank home loan, you need to contact the bank, but basic eligibility for a mortgage with the company includes:

  • Two years’ history of employment.
  • A FICO credit score in the high 600s.
  • No history of bankruptcy in the past two years.

Fees are higher than some competitors

Expect the following fees from Huntington Bank:

  • HELOCs. Huntington Bank doesn’t charge any fees to establish a HELOC, but you do have to pay an annual fee of $60. You may also have to pay third-party real estate fees that Huntington estimates could cost between $169 to $630. And if you decide to establish a fixed-rate subaccount during the draw period, you’ll pay $75 for each account and $100 if you want to convert the account back into the variable rate credit line.
  • Home equity loan. The origination fee for setting up a fixed-rate home equity loan is $170. You may also be charged a $150 processing fee for loan amounts above $50,000.

Huntington Bank reviews and complaints

BBB rating A+
Trustpilot rating Poor
Customer reviews verified as of 03 May 2022

As of May 2022, Huntington Bank has a 1.9 star TrustScore from Trustpilot from only 28 reviews and a 1.16 out of 5 customer rating on the Better Business Bureau (BBB) website from 266 customers. Huntington Bank has been accredited with the BBB since 1921 and has an A+ business rating, but 1,043 customers have filed complaints against the bank in the past three years. It scores a little better on Wallethub, earning 3.1 out of 5 stars from 488 reviewers.

Online reviews paint a mixed picture. While many report positive experiences with the bank’s customer service team, others complain of delayed loan applications and poor service. One HELOC customer mentioned receiving good service and rates during the application process but complained it was difficult to make payments online due to outdated systems and processes.

In following this up, we spoke with a lending officer at the bank who assured us that the bank has online payments available and there are no limits on how much or how quickly you can pay back on your HELOC.

Why did I get a welcome letter when I didn’t open an account?

Customers reached out to the BBB with concerns over the legitimacy of a welcome letter issued by Huntington Bank. The bank confirmed that the letters are legit, but advises anyone who didn’t open an account and received this letter to call the bank immediately because it could be signal identity theft. You can reach Huntington by calling 800-480-2265.

How to get a home equity loan or HELOC with Huntington Bank

You can start your application for the home equity product of your choosing by choosing the Get Started button on the website. You’ll answer questions about your personal and financial information, as well as give consent to run a credit check.

Submit the form and wait for a loan officer to contact you about next steps.

According to the website, a loan officer will contact you within 24 hours on weekdays from 8:30 a.m. to 7 p.m. ET and Saturdays 9 a.m. to 2 p.m. ET. If you have questions after submitting the form, call 866-917-4351 or email


Be prepared to provide the following documents with your loan application:

  • State-issued ID
  • Social Security number
  • Employment history for the past two years
  • Two most recent pay stubs
  • Most recent two years’ W-2s
  • Last two years’ residence history and landlord information if applicable
  • Two most recent bank statements
  • Last two years’ profit and loss (P&L) statements and balance sheets for self-employed persons

Other home loan products Huntington Bank offers

We’ve reviewed the following mortgage products from this lender in our Huntington National Bank mortgage review:

  • Government-backed loans. Huntington Bank offers FHA, VA and USDA loans, which are ideal for first-time homebuyers with limited down-payment funds.
  • Jumbo. A purchase or refinance loan with loan limits up to $2.5 million and cash-out options up to $750,000.
  • Mortgage refinance. Use to replace your current mortgage with a new one with better terms. Lower your interest rate, remove private mortgage insurance or get cash out for other needs.

Compare interest rates for home equity loans, HELOCs and cash-out refinancing

Use our tool to get personalized estimated rates from top lenders based on your location and financial details. Select whether you’re looking for a Home Equity Loan, HELOC or Cash-Out Refinance.

If you selected a home equity loan or HELOC, enter your ZIP code, credit score and information about your current home to see your personalized rates.

In the Cash-Out Refinance tab, select Refinance and enter your ZIP code, credit score and other property details to see what you might qualify for.

Searching for the best rates...

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question

Kat Finder


Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site