Which credit score do banks typically look at when applying for a HELOC?

All banks and mortgage companies have different min credit scores, shopping around will help.

HELOC's are a "non-conforming" loan product.. meaning there is not a standardized set of guidelines.. each lender that offers HELOC's can and will have their own set of lending rules including minimum acceptable credit scores.. They will run a "Tri-Merge" credit report which basically means they will run all 3 major credit reports and combine them into one "Tri-Merged" report. Your loan pricing will be based on the middle score of all borrowers.. Because HELOC's are typically a 2nd position loan, and they are not insured, lenders most always require higher scores to qualify.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347