Huntington National Bank: 2025 Home Equity Review

Dating back to 1866, Huntington National Bank is a regional bank headquartered in Columbus, Ohio. The company operates approximately 1,000 branches throughout 12 states, providing consumers with a full array of retail banking services, including mortgage refinancing, home equity loans and lines of credit.

Huntington Bank home equity products offered

Huntington offers two home equity products — a fixed-rate home equity loan and a home equity line of credit (HELOC), which starts out at a variable rate but can be converted to a fixed rate. For both, Huntington advertises “competitive” rates, but you’ll have to contact the lender to find out exactly what those rates are and how to qualify for them.

Huntington’s products have pretty standard terms.The home equity loan ranges from 5 to 30 years, while its HELOC comes with a 10-year draw period during which you can access your funds and are required to pay back only the interest. At the end of the HELOC draw period, you’ll have a 20-year repayment period in which the debt is fully amortized.

Affordability: 3.2/5

• APR: Huntington Bank’s APR is on par with Bankrate’s national average. 
• Fees: With its HELOC, there’s a $60 annual fee ($50 in Minnesota). If you’re taking out more than $750,000, you’ll have to buy borrower-paid title insurance. Home equity loans over $500,000 also require borrower-paid title insurance.You may also need to pay mail-away fees ranging from $125 to $375, plus a $25 courier fee, if the closing is done by a third party on Huntington’s behalf. There’s also a $75 fee in certain states (Colorado, Illinois, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania and Wisconsin) if you convert your HELOC balance from a variable to a fixed rate. Its home equity loans don’t have an application fee per se; but you will pay a $150 charge when taking out the loan. 

Huntington Bank earns a 3.2 out of 5 for affordability primarily because of the abundance of fees. 

Availability: 2.9

• Loan products: Huntington has a fixed-rate home equity loan and a variable-rate home equity line of credit (HELOC) that can be converted to a fixed rate.
• Footprint: The bank operates almost 1,000 branches in 12 states, mainly in the Midwest and Southeast.
• Credit score: Huntington Bank's website doesn’t list minimum credit score requirements for HELOCs – not very transparent – but it says that having a 760 credit score and meeting other factors, like loan size, will help you secure the lowest rates.
• Loan minimum: Huntington Bank sets a $24,999 HELOC minimum, which is fairly standard. Nothing is listed for the HE Loan.
• Draw requirement: Huntington Bank offers a discount for taking a minimum draw at loan closing, without indicating what the draw is.

Huntington Bank scores 2.9 out of 5 for availability because it doesn’t disclose its credit score or draw minimums, and its footprint is limited.

Borrower experience: 3.6/5

• Rate transparency: While Huntington Bank lists HELOC APR ranges by zip code and loan size on its website, you have to begin an application to get personalized rates. No home equity loan info is offered online.
• Convenience: You can apply online or by calling a representative. The company features a HELOC welcome guide on its website, which walks customers through details. There are also robust online services to monitor loan balances, make payments, draw funds, etc., and the HELOC comes with a Mastercard and checks too.
• Customer service: Huntington Bank gives customers multiple methods of contact: online, on the phone, online chat or at one of its almost 1,000 branches throughout the U.S.
• Fixed-rate options: Along with the home equity loan, Huntington offers a HELOC whose balance can be converted to a fixed rate — for a fee, in most states.

Huntington Bank earns a 3.6 out of 5 for borrower experience due to the limited information about its home equity loan listed on its website and lack of a speedy customized rate-quote feature.

Huntington Bank gets an A+ rating from the Better Business Bureau and has been accredited since 1921. Huntington Bank also ranked number one for customer satisfaction in Pennsylvania on the J.D. Power U.S. Retail Banking Satisfaction Study. But, out of more than 100 reviews, the regional bank received a “Bad” rating on Trustpilot.

Huntington doesn’t specify online what their minimum requirements are for a home equity loan or HELOC. In general, most home equity lenders require a credit score of 640 or better. However, to get the best rate available on a HELOC, Huntington specifies that borrowers must be approved for $75,000 or more, take a first line advance of at least $40,000, have a loan-to-value ratio of 80 percent or lower and have a credit score of 760 or higher.

Hazard insurance is required and you will need flood insurance if you live in a Special Flood Hazard area. An appraisal and title search are additional must-haves.

You can start the application process with Huntington on their site by creating an online account and filling out a form. After completing your profile, the company will give you personalized rates and tell you how much loan you can afford. You can also reach a representative over the phone by calling (800) 550-7958, Monday through Friday, 8:00 a.m. to 7:00 p.m. ET, or Saturdays, 8:00 a.m. to 2:00 p.m. ET. You can also visit Huntington at one of its 1,000 branches in 12 states.