Bank of America HELOC vs. Wells Fargo Home Improvement Loan
Side-by-side comparison · Updated 2026 · Independently reviewed
Bank of America HELOC
Bank of America
4.1
No closing costs, no annual fee HELOC with Preferred Rewards discounts for existing BofA customers.
Full review →
Wells Fargo Home Improvement Loan
Wells Fargo
4.0
APR 9.49–24.99%. Up to $100K. Major bank support.
Full review →WealthSpott Verdict
Bank of America HELOC wins on more measurable categories — particularly on rate and cost. Wells Fargo Home Improvement Loan may still be the right fit depending on your loan amount and term needs.
Feature
Bank of America
Wells Fargo Home
APR Range
8.60% – 14.40% Best
9.49% – 24.99%
Loan Amount
$25,000 – $1,000,000 Best
$3,000 – $100,000
Term Length
120–240 months
12–84 months
Origination Fee
No closing costs; no annual fee
None
Min Credit Score
680+
660+ Best
Funding Speed
2–4 weeks
1–3 days
Bank of America HELOC
Wells Fargo Home Improvement Loan
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