- APRs from 6.52% to 18.00%1
- Borrow $26,000 to $250,000 with 10 and 15 year terms
- Available for credit scores starting at 600
- Fixed rate on each draw2
- You must draw at least 80% of your credit limit when the account opens
- Available in 35 states and Washington, D.C.
Upstart Mortgage, LLC dba Upstart Home Lending. NMLS #2443873. Equal Housing Opportunity.
| Product | Home equity line of credit (HELOC) from Upstart Home Lending, with a variable rate and a fixed rate on each draw2 |
|---|---|
| APR | 6.52% to 18.00% for initial advances, based on rates offered as of June 20261. The lowest APR is available only to borrowers who meet specific eligibility conditions |
| Line amount | $26,000 to $250,000. Upstart Home Lending notes that certain states have specific minimum amounts |
| Terms | 10 and 15 year terms, with a draw period that is currently three years |
| Origination fee | 0% to 4.99% of the credit limit, charged one time and deducted from your proceeds |
| Other fees | No annual fee, prepayment penalty or fees to redraw |
| Draw rules | You must draw at least 80% of your credit limit when the account opens, and you may draw up to 100%. Later draws start at $500 |
| Credit score | Available for credit scores starting at 600. Approval also depends on your equity, income and other factors |
| Home valuation | No appraisal needed for nearly all applicants |
| Availability | 35 states and Washington, D.C. (listed below) |
| Rate check | Upstart Home Lending lets you check your rate with a soft credit inquiry that will not affect your credit score3. Accepting your rate and continuing triggers a hard inquiry. |
Our take: The HELOC from Upstart Home Lending could fit a homeowner with a credit score of 600 or higher who wants an easy, online application, needs $26,000 to $250,000, and plans to use most of the line right away. The trade-offs are the 80% minimum draw at opening, which starts interest on most of the line from day one, and a one-time origination fee of 0% to 4.99% of the credit limit. If a monthly payment will not fit your budget, a home equity agreement is the route to price instead.
Upstart Home Lending HELOC reviews come down to one trade: the line is available for credit scores starting at 600 with an easy, online application, but you must draw at least 80% of your credit limit when the account opens and pay a one-time origination fee of 0% to 4.99%. This review covers the APR, fees, draw rules, requirements, states, ratings and complaints, read on Upstart Home Lending's own pages and on third-party sites on October 6, 2026.
What is Upstart Home Lending?
Upstart Home Lending is the name Upstart Mortgage, LLC does business under. Upstart Mortgage, LLC is a mortgage lender, licensed under NMLS #2443873, that offers home equity lines of credit through an online application. It lists its address at 220 Park Road in Burlingame, California.
It is affiliated with Upstart Network, Inc. A disclosure on the affiliate's website says the two companies are wholly owned by a common parent, and Upstart Home Lending's help center says its HELOC accounts are processed by technology created by that affiliate. The help center also says its credit model considers the school you attended, your area of study and your employment history in addition to your credit history.
Where is the Upstart Home Lending HELOC available?
As of October 6, 2026, the HELOC from Upstart Home Lending is available to new applicants in 35 states and Washington, D.C. The company does not print this list on its HELOC page, so we use the list it confirmed on September 25, 2026, and we checked it against the state licenses it publishes.
Available in 35 states and Washington, D.C.
Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Michigan, Mississippi, Montana, Nebraska, New Jersey, New Mexico, North Carolina, North Dakota, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Utah, Virginia, Washington, West Virginia, Wisconsin, Wyoming and Washington, D.C.
Not available in California, Georgia, Hawaii, Louisiana, Massachusetts, Minnesota, Missouri, Nevada, New Hampshire, New York, Ohio, Oregon, Rhode Island, Texas and Vermont.
Upstart Home Lending's licenses page lists California, Georgia, Louisiana, Minnesota, New Hampshire, Ohio and Oregon, but it is not offering its HELOC to new applicants in those seven states. It has described Louisiana and Minnesota as a temporary pause. If you live in a state that is not on the list, the application is not the right next step.
Figure is the other HELOC lender we cover. Its state list is longer: 48 states and Washington, D.C., including 13 of the 15 states above. Neither lender offers its HELOC in Hawaii or New York. See the Figure HELOC review for its terms.
How does the Upstart Home Lending HELOC work?
At a glance: This is a line of credit secured by your home. You draw at least 80% of the credit limit when the account opens, each draw gets its own fixed rate2, and you repay every draw in monthly payments of principal and interest by the end of your term.
With Upstart Home Lending, the rate check and the application happen online. The application asks about your education history, your property, your current employment and what you plan to do with the proceeds. Upstart Home Lending then verifies your identity, the home and your credit, and most borrowers sign with an online notary.
The initial draw
This is the rule to know before you apply. Upstart Home Lending's help center states that “you will be required to make a minimum draw of at least 80% of your offered credit limit.” Its Important Terms disclosure adds that the initial advance equals 80% of the credit limit minus the origination fee, and that you may choose to take up to 100%. You could not open this line and leave it unused.
Later draws
After the initial advance, the disclosure says no additional advance may be taken until your account is set up on the servicing system or 45 days have passed since opening, whichever comes first. For the rest of the draw period, which is currently three years, you may request additional advances up to 100% of your credit limit. The minimum additional advance is $500 unless state law requires otherwise.
Repayment
Repayment starts with the first draw. The disclosure says each advance is repaid in substantially equal, fully amortizing monthly payments from the date it is made, and every advance must be paid off by the end of the term. A draw you take six months into a 10 year term is repaid over the remaining 114 months. There is no prepayment penalty.
Before you apply: size the line to what you will use. Because at least 80% of the credit limit is drawn at opening, a larger line than you need means paying interest on money that sits in your bank account, and the origination fee is charged on the full credit limit.
Check your rate at Upstart Home Lending. Checking your rate will not affect your credit score3.
Upstart Home Lending HELOC APR
On October 6, 2026, Upstart Home Lending disclosed that APRs for initial advances range from 6.52% to 18.00%, based on rates offered as of June 20261. The lowest APR is available only to borrowers who meet specific eligibility conditions. Its disclosure names them: willingness to become a member of a credit union, a minimum FICO score of 780, a combined loan-to-value ratio (CLTV) under 70% and a debt-to-income ratio (DTI) under 45%.
Your own APR depends on factors such as your credit history, your CLTV, the line amount, the term, the lien position and the state the property is in. Upstart Home Lending says its offers are generated by its models from your application and the soft credit inquiry, and that the APR and terms are not negotiable.
| APR feature | How Upstart Home Lending describes it |
|---|---|
| Type of APR | The account has a variable rate with fixed rate advances2. The APR on each draw is fixed on the date the draw is made and does not change while that draw is outstanding |
| Later draws | Each additional advance gets its own fixed APR, based on the Prime Rate published in the Wall Street Journal at the time of the draw plus a margin, so a later draw could have a different APR than the first |
| Maximum APR | 18.000%, or the maximum set by state law if that is lower |
| What the APR covers | The Important Terms disclosure says the APR includes only interest and not other costs, so the origination fee is on top of it |
The full text of Upstart Home Lending's APR disclosure is in the disclosures at the end of this page.
Fees
Upstart Home Lending charges one fee to open the account: an origination fee of 0% to 4.99% of the credit limit. Its help center describes it as a one-time, non-refundable fee that is deducted from the proceeds before they are delivered, and its disclosure says the fee may vary based on factors such as your property state or applicable state law.
| Cost | Amount | Details |
|---|---|---|
| Origination fee | 0% to 4.99% of the credit limit | One time, at account opening. Deducted from your proceeds |
| Annual fee | None | No annual fee, per its HELOC page |
| Prepayment penalty | None | No prepayment penalty, per its HELOC page |
| Fees to redraw | None | No fees to redraw, per its HELOC page |
| Property insurance | Cost varies | Required. Flood insurance is required where it applies |
As published by Upstart Home Lending on October 6, 2026. Its disclosure says to consult a tax advisor about whether interest and charges on the account are deductible.
Because the fee is a percentage of the whole credit limit, it does not shrink if you draw only the 80% minimum. On a $50,000 line, a 4.99% fee would be $2,495 (our arithmetic), taken out of the money you receive.
See your fee and APR together at Upstart Home Lending before you compare it with another lender.
Example: a $10,000 advance over 10 years
This example is Upstart Home Lending's own. It comes from the minimum payment example and the maximum rate example in its Important Terms of Our Home Equity Line of Credit disclosure, dated March 2026. It is an illustration, not an offer. It assumes a 10 year term, one advance of $10,000 taken when the account opens, only the minimum payments and no other advances.
| Upstart Home Lending's disclosure example | Value shown |
|---|---|
| Initial advance | $10,000 |
| Term | 10 years |
| APR in the example | 10.250% |
| Monthly payment | $133.54 for 120 months |
| Total of payments | $16,024.80 (our multiplication: 120 payments of $133.54) |
| Same advance at the maximum APR of 18.000% | $180.19 a month |
Two things to keep in view. First, 10.250% is the APR the disclosure uses for illustration. APRs for initial advances range from 6.52% to 18.00%1, and yours could be anywhere in that range. Second, the example leaves out the origination fee, and a real first advance is larger: the smallest line is $26,000 and at least 80% of it is drawn at opening.
Upstart Home Lending HELOC requirements
These are the requirements Upstart Home Lending publishes. Meeting them does not mean approval. Upstart Home Lending says that not all applicants will be approved and that it cannot make individual exceptions to its eligibility or minimum credit requirements.
| Detail | Requirement |
|---|---|
| Credit score | Upstart Home Lending HELOCs are available for credit scores starting at 600 |
| Lowest APR | Available only to borrowers who meet specific eligibility conditions, including a minimum FICO score of 780, CLTV under 70% and DTI under 45% |
| Equity | Your line depends on your home's value and what you owe on it. The pages we read do not state a maximum CLTV |
| Property | The Important Terms disclosure defines the property as the real property that you reside in. The pages we read do not list eligible property types. Property insurance is required |
| State | Your property must be in one of the 35 states listed above or in Washington, D.C. |
| Income | Personal income only: salary, hourly wages, self-employment or rental income earned for a full calendar year (a filed tax return is required), and trust, pension, disability, retirement or Social Security income |
| Co-borrower | You may add a co-borrower. Both applicants must meet the eligibility requirements, and a spouse's income counts only if the spouse is a co-borrower |
| One line at a time | Customers are limited to one HELOC account at a time, and the credit limit cannot be raised after you sign |
How income and home value are verified
Upstart Home Lending verifies your identity, details about the home and your credit, including a consumer report from one or more consumer reporting agencies. Income documents must show your name and your employer's name, be recent (normally within the last 30 days), be clear and complete, and reflect your personal income.
For the home's value, its HELOC page says no appraisal is needed for nearly all applicants. An article on its affiliate's website says a HELOC through Upstart Home Lending may use an automated valuation model, a tool that estimates the value from recent sales and property data, in place of an in-person visit.
Not sure how much equity you have to work with? Estimate what you could get from your home's value and mortgage balance before you apply.
See if you could qualify at Upstart Home Lending. The rate check is a soft credit inquiry3.
How long does an Upstart Home Lending HELOC take?
Upstart Home Lending says checking your rate takes as little as 10 minutes. After you accept your rate, it verifies your information and you sign the closing documents, online with a remote notary in eligible counties or with a mobile notary who meets you where you choose.
Federal law then adds a waiting period. Upstart Home Lending says it must wait for the rescission period to end, and that funds are disbursed by ACH the business day after it expires, to a personal bank account in your name. Its HELOC page describes this as an additional 3 business days once you are approved.
As for the fast end of the range, you could have cash sent in as fast as 7 days4. The figure behind that claim: in Q2 2026, 15% of funded HELOCs achieved a closing timeline of 2 days or less and a funding timeline of 7 days or less. Most borrowers should plan for longer.
Upstart Home Lending HELOC pros and cons
Here is how the published terms net out.
Pros
- More credit scores welcome. HELOCs are available for credit scores starting at 600.
- Easy, online application. You could check your rate in minutes, and most borrowers sign with an online notary.
- A fixed rate on each draw. The APR on a draw does not change while that draw is outstanding2.
- Few fees. No annual fee, prepayment penalty or fees to redraw.
- No appraisal for nearly all applicants. Skipping an appraisal could save time.
Cons
- 80% minimum draw. You take most of the line when the account opens and pay interest on it from day one.
- Origination fee of 0% to 4.99%. It is charged on the full credit limit and deducted from your proceeds.
- A wide APR range. APRs for initial advances range from 6.52% to 18.00%1, and the lowest is available only to borrowers who meet specific eligibility conditions.
- Not available in 15 states. That includes California, New York and Texas.
- A set size range. Lines run from $26,000 to $250,000, so it does not fit a smaller or a larger need.
- Your home is the collateral. The disclosure states that you could lose your home if you do not meet your obligations.
Is Upstart Home Lending legit?
Yes. The HELOC is made by Upstart Mortgage, LLC, a licensed lender that does business as Upstart Home Lending under NMLS #2443873. Its state licenses page lists mortgage or consumer lending licenses and registrations in 42 states and Washington, D.C., and its site lists an address at 220 Park Road in Burlingame, California.
Upstart Mortgage, LLC and Upstart Network, Inc. are affiliated companies owned by a common parent. Upstart Network, Inc. is listed as a subsidiary of Upstart Holdings, Inc., a public company that files reports with the Securities and Exchange Commission and whose stock trades on the Nasdaq under the symbol UPST.
Legitimate is not the same as right for you. The ratings below mostly describe the affiliated company's other lending products, so read them with that in mind.
Upstart Home Lending reviews: what the ratings cover
We did not find a third-party rating that is specific to the HELOC from Upstart Home Lending. Trustpilot has no profile for upstartmortgage.com, and we did not find a separate Better Business Bureau profile for Upstart Mortgage, LLC. The profiles that exist belong to its affiliate, Upstart Network, Inc., whose business is mostly personal loans.
| Source | Rating | Based on | What it covers |
|---|---|---|---|
| Trustpilot, upstart.com profile | 4.9 out of 5 | 73,236 reviews | The affiliate's website. Not specific to the HELOC |
| Better Business Bureau customer reviews, Upstart Network, Inc. | 1.2 out of 5 | 164 reviews | All of the affiliate's products. Not specific to the HELOC |
| Better Business Bureau grade, Upstart Network, Inc. | A+ | The bureau's own grade. Accredited since November 30, 2015 | The affiliate. Its profile lists a home equity line of credit among its products |
Ratings as shown on each site on October 6, 2026. None of them is a rating of the HELOC from Upstart Home Lending, so we do not show a star rating at the top of this page.
Complaints
The clearest HELOC-specific record is the Consumer Financial Protection Bureau's complaint database. On October 6, 2026 it held 3,595 complaints naming Upstart Holdings, Inc., and 9 of them were in the mortgage category, all filed under the HELOC product type between February 2024 and July 2026. Seven were about applying, one was about incorrect information on a credit report and one was about struggling to pay. The company's response to all nine was recorded as closed with explanation.
The Better Business Bureau lists 755 complaints against Upstart Network, Inc. in the last 3 years, 248 of them closed in the last 12 months. Those figures cover all of the affiliate's products and are not broken out for the HELOC.
Upstart Home Lending vs. Figure vs. a home equity agreement
Two HELOC lenders with online applications, and one alternative that has no monthly payment. The lender columns show each company's published terms. The last column describes home equity agreements in general.
| What to compare | Upstart Home Lending HELOC | Figure HELOC | Home equity agreement |
|---|---|---|---|
| Credit score | Available for credit scores starting at 600 | 600 in most states and 660 for investment properties, per its FAQ | Varies by company. Some publish minimums of 500 |
| APR | 6.52% to 18.00% for initial advances, based on rates offered as of June 20261 | Initial APRs of 7.35% to 14.85% as of October 6, 2026 | No APR. The cost is a share of your home's future value |
| Amount | $26,000 to $250,000 | $15,000 to $750,000 | One lump sum, sized to your equity |
| Terms | 10 and 15 year terms | 10, 15, 20 or 30 years | 10 to 30 years, depending on the company, settled in one transaction |
| Draw at opening | At least 80% of the credit limit | The full amount, minus the origination fee | Not a line of credit |
| Origination fee | 0% to 4.99% of the credit limit | 0% to 4.99% of the initial draw | Fees that typically come out of the cash you receive |
| Monthly payment | Principal and interest on each draw | Principal and interest from the first month | None |
| Where available | 35 states and Washington, D.C. | 48 states and Washington, D.C. Not Hawaii or New York | Varies by company |
Upstart Home Lending column: its HELOC page, help center and Important Terms disclosure on October 6, 2026. Figure column: figure.com on October 6, 2026, as covered in our Figure review. Terms at any one agreement company will differ.
State coverage cuts both ways. Figure lists its HELOC in California, Georgia, Louisiana, Massachusetts, Minnesota, Missouri, Nevada, New Hampshire, Ohio, Oregon, Rhode Island, Texas and Vermont, where the HELOC from Upstart Home Lending is not available. Every state on Upstart Home Lending's list is also on Figure's, and neither lender offers its HELOC in Hawaii or New York. Figure says funding could come in as few as 5 days for qualifying loans under $400,000. The Figure HELOC review has its full terms.
A home equity agreement works differently from both. You receive a lump sum with no monthly payments and settle later with a share of your home's future value, which could cost more than a HELOC if your home gains value. HEI vs HELOC walks through the cost trade-off, and our best home equity agreement companies roundup compares the companies.
Who Upstart Home Lending suits and who should pass
The HELOC from Upstart Home Lending could be a fit if most of these describe you:
- Your credit score is 600 or higher
- Your home is in one of the 35 states on its list or in Washington, D.C.
- You need between $26,000 and $250,000
- You plan to use at least 80% of the line right away
- A monthly payment of principal and interest fits your budget with room to spare
- You want an easy, online application
Pass, or keep shopping, if you want a line to open and leave untouched, since at least 80% is drawn at opening. Pass if your home is in one of the 15 states it does not serve, if you need less than $26,000 or more than $250,000, or if another monthly payment would strain your budget: a HELOC you could not keep up with puts your home at risk.
If the state or the amount is the obstacle, Figure lists its HELOC in 48 states and Washington, D.C. for $15,000 to $750,000. If the payment is the obstacle, a home equity agreement gives you a lump sum with no monthly payments in exchange for a share of your home's future value. It could cost more than a HELOC if your home gains value, so compare both.
Hometap publishes a minimum FICO score of 575, among other qualifying criteria, and its state list includes New York. Read the Hometap review. Unlock and Splitero each publish a minimum credit score of 500, and Unlock's state list includes Hawaii. See the Unlock review and the Splitero review.
More: Home equity guides and reviews
How to apply for a HELOC from Upstart Home Lending
- Check your rate. Complete the brief online application. Upstart Home Lending makes a soft credit inquiry, which will not affect your credit score3.
- Review your offer. Look at the credit limit, the APR, the origination fee and the term together. The offer is not negotiable, and the credit limit cannot be raised after you sign.
- Accept and continue. This step triggers a hard credit inquiry, which may affect your credit score.
- Verify your information. Provide the income documents requested and confirm the details of your home.
- Sign the closing documents. Online with a remote notary in eligible counties, or with a mobile notary at a place and time you choose.
- Receive your funds. After the rescission period ends, the initial advance is sent by ACH to a personal bank account in your name.
Upstart Home Lending HELOC review: the bottom line
The HELOC from Upstart Home Lending combines a few useful features: it is available for credit scores starting at 600, the application is online, each draw has a fixed rate2, and nearly all applicants skip the appraisal. For a homeowner in one of its 35 states who needs most of the money up front, it is worth a rate check.
The costs are the 80% minimum draw and the origination fee. You pay interest on most of the line from day one, the fee could reach 4.99% of the credit limit, and the lowest APR is available only to borrowers who meet specific eligibility conditions. Compare your offer with a quote from your own bank or credit union, and if a monthly payment is the real obstacle, look at a home equity agreement instead.
Upstart Home Lending could make sense if your credit score is 600 or higher, your home is in a state it serves, you need $26,000 to $250,000 and you plan to use at least 80% of the line right away.
Upstart Home Lending HELOC FAQ
Upstart Home Lending HELOCs are available for credit scores starting at 600. Approval also depends on your equity, income and other factors, and not all applicants will be approved. You could check your rate with a soft credit inquiry that will not affect your credit score.
As of October 6, 2026, Upstart Home Lending discloses that APRs for initial advances range from 6.52% to 18.00%, based on rates offered as of June 2026. The lowest APR is available only to borrowers who meet specific eligibility conditions. See disclosure 1 at the end of this page.
Upstart Home Lending offers credit limits of $26,000 to $250,000 with 10 and 15 year terms. It notes that certain states have specific minimum amounts, and the amount you may borrow depends on what you qualify for.
Not the full amount, but most of it. Upstart Home Lending requires a minimum draw of at least 80% of your offered credit limit when the account opens, and you may take up to 100%. Later draws start at $500.
Its HELOC page says no appraisal is needed for nearly all applicants. Upstart Home Lending may use an automated valuation model to estimate your home's value.
Upstart Home Lending says checking your rate takes as little as 10 minutes. After closing, federal law adds a rescission period, and funds are sent by ACH the business day after it ends. In Q2 2026, 15% of funded HELOCs closed in 2 days or less and funded in 7 days or less. See disclosure 4 at the end of this page.
Yes. The lender is Upstart Mortgage, LLC, which does business as Upstart Home Lending under NMLS #2443873 and lists licenses in 42 states and Washington, D.C.
The HELOC is available in 35 states and Washington, D.C.: Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Michigan, Mississippi, Montana, Nebraska, New Jersey, New Mexico, North Carolina, North Dakota, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Utah, Virginia, Washington, West Virginia, Wisconsin, Wyoming and Washington, D.C. It is not available in California, Georgia, Hawaii, Louisiana, Massachusetts, Minnesota, Missouri, Nevada, New Hampshire, New York, Ohio, Oregon, Rhode Island, Texas and Vermont.
How we reviewed Upstart Home Lending
This review is the editorial view of smarts.co, built from primary sources read on October 6, 2026: Upstart Home Lending's HELOC page and disclosures, its Important Terms of Our Home Equity Line of Credit disclosure, its help center and its state licenses page, the affiliate's Affiliated Business Arrangement Disclosure, the Trustpilot and Better Business Bureau profiles named above, the Consumer Financial Protection Bureau's complaint database, and the parent company's 2025 annual report.
We did not give Upstart Home Lending a star score of our own, and we show no third-party stars at the top of this page because none of the ratings we found is specific to its HELOC. In place of a score, here is what we looked at and what we found.
| What we looked at | What we found |
|---|---|
| Cost of borrowing | APRs for initial advances of 6.52% to 18.00%, based on rates offered as of June 20261. The lowest is available only to borrowers who meet specific eligibility conditions |
| Fees | Origination fee of 0% to 4.99% of the credit limit. No annual fee, prepayment penalty or fees to redraw |
| Who could qualify | Credit scores starting at 600, personal income that could be verified, a home in one of 35 states or Washington, D.C. |
| Flexibility | At least 80% of the credit limit drawn at opening. 10 and 15 year terms. Lines of $26,000 to $250,000 |
| Customer feedback | No rating specific to the HELOC. 9 HELOC complaints in the CFPB database, February 2024 to July 2026 |
Sources
- Upstart Home Lending: HELOC page and disclosures (heloc.upstartmortgage.com), Important Terms of Our Home Equity Line of Credit dated March 2026 and State Licenses page (upstartmortgage.com), HELOC help center (helochelp.upstartmortgage.com)
- Upstart Network, Inc.: Affiliated Business Arrangement Disclosure and HELOC articles updated June 1 and August 3, 2026 (upstart.com)
- Trustpilot: profile for upstart.com
- Better Business Bureau: Upstart Network, Inc. business profile
- Consumer Financial Protection Bureau: Consumer Complaint Database
- Securities and Exchange Commission: Upstart Holdings, Inc. annual report for 2025 (Form 10-K)
- NMLS Consumer Access (search for NMLS ID 2443873)
- Figure: Home Equity Line of Credit page, disclosures and FAQs (figure.com), as covered in our Figure HELOC review
Upstart Home Lending disclosures
Upstart Mortgage, LLC dba Upstart Home Lending. NMLS #2443873. Equal Housing Opportunity.
The numbered disclosures below are Upstart Home Lending's own wording, as published on its HELOC page on October 6, 2026. In them, “we” and “our” mean Upstart Home Lending.
1 Terms shown here are subject to change without notice. APRs for initial advances range from 6.52% to 18.00% based on rates offered as of June 2026. The lowest rate is only available to consumers willing to become a member of a credit union and to those who meet a minimum FICO score of 780, CLTV under 70%, and DTI under 45%. Your actual rate will depend on many factors such as your credit history, combined loan-to-value ratio (CLTV), line amount, loan term, lien position, and property state. Origination fee to open an account is between 0% and 4.99% of the approved credit limit. The Annual Percentage Rate (“APR”) is variable and based on the Prime Rate as published in the Wall Street Journal “Money Rates” table plus or minus a margin. Your APR will never be less than 3.99% or greater than 18.00%. Property insurance is required.
2 A Home Equity Line of Credit has a variable rate. The APR may change, but the APR that will apply to each draw will be fixed on the date the draw is made. Your APR will be the Prime Rate at the time of draw plus a margin fixed for the life of the HELOC.
3 When you check your rate, we check your credit report. This initial (soft) inquiry will not affect your credit score. If you accept your rate and proceed with your application, we do another (hard) credit inquiry that will impact your credit score. If you take out a loan, repayment information may be reported to the credit bureaus.
4 In Q2 2026, 15% of funded HELOCs achieved a closing timeline of 2 days or less and a funding timeline of 7 days or less. This timeline assumes consumers close with our remote online notary, provide supporting documentation promptly, and ensure the information provided is accurate and consistent with our verification process. Delays, discrepancies, and other unforeseen factors may impact the closing timeline.
Take the next step.
See what Upstart Home Lending could offer you.
$26,000 to $250,000 with 10 and 15 year terms. Available for credit scores starting at 600.
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Terms, pricing and availability change. Confirm the current terms on Upstart Home Lending's site before you apply.
