Discover Home Loans 

One of the top US producers of mortgages and home equity loans has been Discover since 2007.

[{"selector":"#anim-f67b8b8c-256d-4ca5-ae7e-8350f705c8a1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Discover home equity loans begin at $35,000; for some applicants, this amount may be too high.

[{"selector":"#anim-9891aed8-d2a1-4a33-9016-e689af29c3f1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] To qualify for a Discover loan, customers must have a minimum FICO credit score of 620.

[{"selector":"#anim-5f7afa12-4348-40fb-9a3a-cf54d24b2ee5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] You'll receive information about your loan alternatives in a matter of minutes.

[{"selector":"#anim-7e43c5fe-2c56-48a7-8921-052959d5b830 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Rates for 30-year fixed loans from Discover range from 6.49% to 12.99% as of mid-June.

[{"selector":"#anim-6ef987d8-5703-42b2-889b-c4fae55b593f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Home equity lines of credit, or HELOCs, are not accessible from them.

[{"selector":"#anim-efa5b59c-c79b-4051-bf2f-67e40f09eb1f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Discover does not charge application, or origination costs, and there is no cash deposit required at closing.

[{"selector":"#anim-f575d8f7-4311-45bf-aa2d-1fe0bc929bf6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Some closing fees (nearly $500) must be reimbursed if the loan is repaid within the first 36 months.

[{"selector":"#anim-a067a8e9-b201-45dd-9ea9-a45c22c70860 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Your equity could serve as security for a Discover loan in nearly 90% of cases.

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[{"selector":"#anim-33b4d193-db4d-4003-97ab-779bc9e4064b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-5e2726a5-0ed9-4543-9ac8-e60baaebb81b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2b4a209a-523c-4af9-95c4-732dbd9597d2","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Burst Curved Arrow Maryland and Iowa are the only states where Discover Home Loans does not offer credit products. Learn more