BO
Bank of AmericaBest for no lender fees
Keeps costs low with no origination or annual fee.
- No lender fees
- Long draw period
- Doesn't publish typical closing times
Home Equity Loans · Updated October 2026
Bank of America vs PNC Bank (2026)
Both are popular home equity choices. Here's how they compare on rate · LTV limit · closing costs, and which one fits which shopper.
The quick verdict
- Bank of America Best for no lender fees Keeps costs low with no origination or annual fee.
- PNC Bank Best for flexible draws A traditional HELOC structure for borrowers who want to draw funds over time.
PB
PNC BankBest for flexible draws
A traditional HELOC structure for borrowers who want to draw funds over time.
- Draw only what you need
- Bank branch access
- Not available in every state
Side-by-side comparison
BO | PB | |
|---|---|---|
| Max CLTV | 85% | Varies |
| Draw period | 10 years | 10 years |
| Annual fee | $0 | Varies |
| Fixed-rate option | Yes | Yes |
| Visit site | Visit site |
Also consider
- Figure · Best for fast funding
What to compare before you choose
- Combined loan-to-value. Lenders cap your total borrowing, first mortgage included, at a share of your home's value. That cap sets how much you can draw.
- Fixed vs. variable. Home equity loans usually lock a fixed rate. HELOCs usually float with the prime rate, so payments can change.
- How and when you access money. A HELOC works like a credit line during its draw period, then switches to repayment. A loan pays out once.
- Closing costs and annual fees. Ask about appraisal, origination and annual fees, plus any penalty for closing the line early.
Compare all home equity providers that serve your ZIP code.
Compare Home Equity LoansTrademark and logo notice: Company names, logos and trademarks are the property of their respective owners and are used only to identify each company and its products. Their appearance does not mean that any company endorses, sponsors or is affiliated with The Top 10 Experts, unless we say so. Facts were checked against public sources in October 2026; confirm current terms with the provider. Customer ratings are Trustpilot TrustScores as of October 2026, shown only for companies rated 4.0 or higher with at least 25 reviews; The Top 10 Experts is not affiliated with Trustpilot. To request a change, contact legal@thetop10experts.com.