whats the minimum equity i need to do a heloc?

The answer would be dependent on each individual lender's guidelines... most HELOC options cap at 85 to 90% loan to value. Some credit unions or local banks may be willing to exceed this with offsetting banking relationships and the right clients... for instance, if you have your banking relationships there... cash on deposit, etc... Most local banks are best for these options.

Very few banks go above 85% LTV. You're going to have to do some dialing to find what you are looking for. Me? I'd start with my local community banks or local credit unions. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in Arizona (AZLO0911876 / AZBK0902429), Washington (WALO40586 / WACL3087) and California (CADOC40586 / CAFLL6036566). We are licensed by the CA-DBO under the CFLL and CRMLA. Loans made or arranged pursuant to CFLL or CRMLA license. ~ www.LoansA2z.com ~ 888-889-9950

You are capped at 80 to 85% for a HELOC.

I agree with Bert, try local credit unions or community banks. Some go as high as 95% (you need at least 5% in "left over" equity).

What are you trying to accomplish ?? If you are looking for extra funds , there are other ways. cash line advances, the rates are super good, or if you have a business, a business loan can sometimes be better. there are loans out there for business that only require 2 to 6 months business bank statements , and are ok with credit situations. email me at yourloanpartnerforlife@live.com and I can refer you to someone.. linda

Generally speaking, the vast majority of lenders will NOT go above 89.9% loan-to-value on a home equity loan.