Key takeaways

Getting approved for a HELOC isn’t easy; nearly 34% of applications were denied in the second quarter of 2026, more than twice the denial rate on first mortgages.

Applying with a different lender is the single highest-value move after a denial. Minimum credit scores, equity requirements and income documentation vary lender to lender. A no from one isn’t a no from all of them.

If you are denied, paying down your mortgage or adjusting your ask, improving your credit score and paying off debts can boost your chances when you reapply.

Request your adverse action notice if you’re denied. Your lender must tell you in writing, at no cost, why you were denied. That letter tells you which of the requirements you missed — and which fix to start on.

Yes, a HELOC can be hard to get.…