Best $100,000 Personal Loans of August 2026
Compare $100,000 personal loans, learn how large personal loans work and decide whether an unsecured loan is the right choice
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- Few lenders offer personal loans up to $100,000, so comparing multiple lenders is especially important.
- Home equity loans usually have lower rates, but personal loans offer faster funding and don’t require collateral.
- Even borrowers with excellent credit may not qualify for a $100,000 loan because lenders look at more than just score, like current income and debt.
Best lenders for personal loans up to $100,000
| Lender | User rating | Best for | APR | Term | Amount | See Results |
|---|---|---|---|---|---|---|
|
Best overall $100,000 personal loans | 7.24% to 24.89% (with autopay) | 24 to 84 months |
$5k – $100k |
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Debt protection | Starting at 8.99% (with autopay) | 12 to 60 months |
$1k – $100k |
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Very large loans | 6.49% to 28.89% | 24 to 120 months | Up to $250k | ||
|
Fast funding | 6.99% to 35.49% (with discounts) | 24 to 84 months |
$5k – $100k |
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|
Wells Fargo clients | 6.74% to 26.74% (with discounts) | 12 to 84 months |
$3k – $100k |
Read more about how we made our picks for the best $100,000 personal loans.
$100,000 personal loans at a glance
Best for: $100,000 loans overall – LightStream
- APR
- 7.24% to 24.89%
Your loan terms, including APR, may differ based on loan purpose, amount, term length, and your credit profile. Excellent credit is required to qualify for lowest rates. Rate is quoted with AutoPay discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay are 0.50% points higher. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice. Payment example: Monthly payments for a $25,000 loan at 6.49% APR with a term of 3 years would result in 36 monthly payments of $766.11. © 2024 Truist Financial Corporation. Truist, LightStream and the LightStream logo are service marks of Truist Financial Corporation. All other trademarks are the property of their respective owners. Lending services provided by Truist Bank.
- Offers to beat competitor rates
- Terms up to 240 months available, depending on reason for loan
- Same-day loan is possible
- No fees whatsoever
- Hard credit pull required to check rates
- No due date extensions
LightStream offers a quick and easy online loan experience with no fees, same-day funding and Rate Beat, a unique benefit that can help you save if you find a lower rate with a competitor.
Lenders usually don’t adjust your rate simply because you got a better deal elsewhere, but LightStream might with Rate Beat. With this program, if a competitor offers you a lower rate on a similar loan, LightStream may beat it by 0.10 percentage points.
Most LightStream loans have a max loan term of 84 months. However, you may be able to extend that up to 240 months if you’re getting a pool loan or financing a home improvement project.
LightStream doesn’t let you prequalify, which means you must take a hard credit pull to check your eligibility. And once your loan is finalized, your due date is, too. LightStream doesn’t allow due date changes.
LightStream doesn’t specify its exact credit score requirements, but you must have good to excellent credit to qualify. Most of the applicants that LightStream approves have the following in common:
- At least five years of on-time payments under a variety of accounts (credit cards, auto loans, etc.)
- Stable income and ability to handle paying their current debt obligations
- Savings, whether in a bank account, investment account or retirement account
Best for: Debt protection – Alliant Credit Union
- APR
- Starting at 8.99%
- Can get “insurance” for your loan with optional Debt Protection program
- Credit union membership is open to all
- Full-service credit union, in case you need financial products in the future
- Must be a credit union member for at least 90 days before applying
- Rates aren’t the lowest
- Shorter repayment terms
A $100,000 personal loan can be risky, especially if you choose a longer loan term (which many borrowers do, to lower their monthly payment). Your payment history makes up 35% of your FICO Score, so late payments are a surefire way to damage your credit.
For an extra fee, you can add Debt Protection to your Alliant personal loan. It cancels payments if you involuntarily lose your job or in the event of disability or death. The monthly fee can be pricey depending on the level of coverage, but you can tailor your plan based on how much debt you want protected.
If you aren’t with Alliant, this credit union doesn’t make sense if you need fast funding. You have to be a member for at least 90 days before you can apply. Existing members can get their loan the same day that they’re approved.
As long as you meet one of the eligibility requirements below, you can become a member of Alliant Credit Union:
- Currently employed (or retired from) an affiliated employer
- Are an immediate family member to a current Alliant account holder
- Live or work in an eligible community (which are all located near Alliant’s Chicago headquarters)
- Are willing to join the Alliant Credit Union Foundation (Alliant will pay the required one-time $5 donation for you)
Best for: Very large loans – BHG Financial
- APR
- 6.49% to 28.89%
Not all solutions, loan amounts, rates or terms are available in all states. Terms subject to credit approval upon completion of an application. Loan sizes, interest rates, and loan terms vary based on the applicant’s credit profile. For example, if you request a $60,000 unsecured loan with an 84-month term and a 17.06% APR (which includes a 15.99% yearly interest rate and a 3% one-time origination fee), you would receive $58,200 and would have a required monthly payment of $1,191.38. Rates and terms are for illustrative purposes only and may vary based on creditworthiness and other factors. The APR includes the origination fee. Not all applicants will qualify for the lowest rate. Loan terms and availability are subject to change without notice. Loan amount may vary based upon request amount and cash to you. This is not a guaranteed offer of credit and is subject to credit approval. There is no impact on your credit for applying. For personal loans, a complete credit history, which will appear as an inquiry on your credit report, will be performed upon acceptance and funding of the loan and may impact your credit. Advertised rates are subject to change without notice
The APR and other loan terms presented are estimates only and not guaranteed.
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Consumer loans funded by Pinnacle Bank, a Tennessee bank, or County Bank. Equal Housing Lenders.
For California Residents: BHG Financial consumer loans made or arranged pursuant to a California Financing Law license – Number 603G493.
- Can borrow more than $100,000, if eligible
- Low rates
- Concierge-style customer service
- Slower funding
- Charges an origination fee
- No mobile app
BHG Financial specializes in large loans for high-income borrowers. As a result, it offers some of the largest personal loans on the market. Most lenders cap their loans at $50,000, with $100,000 being the exception. BHG goes beyond even that with loans up to $250,000.
BHG’s loan terms are also longer than typical, with a max of 120 months. Longer loan terms can make monthly payments easier to manage, especially on big loans. Just make sure you understand how much total interest you’ll pay.
If you need money right away, BHG Financial might not be a good fit. It takes at least five days to get a loan. This is slower than many lenders advertise.
To get a loan from BHG Financial, you’ll need to meet the following requirements:
- Administrative: Have a Social Security number and email address
- Credit score: 640+
- Administrative: Provide proof of income (pay stubs, tax returns, bank statements)
BHG Financial’s average borrower has a score of 730 and an annual income of $210,000. Not all of BHG Financial’s loans, loan amounts, rates or terms are available in all states.
Best for: Fast $100,000 personal loans – SoFi
- APR (with discounts)
- 6.99% to 35.49%
Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or other eligible status, be residing in the U.S., and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates reserved for the most creditworthy borrowers. If approved, your actual rate will be within the range of rates at the time of application and will depend on a variety of factors, including term of loan, evaluation of your creditworthiness, income, and other factors. If SoFi is unable to offer you a loan but matches you for a loan with a participating bank, then your rate may be outside the range of rates listed above. Rates and Terms are subject to change at any time without notice. SoFi Personal Loans can be used for any lawful personal, family, or household purposes and may not be used for post-secondary education expenses. Minimum loan amount is $5,000. The average of SoFi Personal Loans funded in 2025 was around $32K. Information current as of 07/20/26. SoFi Personal Loans originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org). See SoFi.com/legal for state-specific license details. See SoFi.com/eligibility for details and state restrictions. Fixed rates from 6.99% APR to 35.49% APR. APR reflect the 0.25% autopay interest rate discount and a 0.25% member rate discount. SoFi Platform personal loans are made either by SoFi Bank, N.A. or , Cross River Bank, a New Jersey State Chartered Commercial Bank, operating from its Delaware branch, Member FDIC, Equal Housing Lender. SoFi may receive compensation if you take out a loan originated by Cross River Bank. These rate ranges are current as of 07/20/26 and are subject to change without notice. Not all rates and amounts available in all states. See SoFi Personal Loan eligibility details at https://www.sofi.com/eligibilitycriteria/#eligibility-personal. Not all applicants qualify for the lowest rate. Lowest rates reserved for the most creditworthy borrowers. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, income, and other factors. Loan amounts range from $5,000– $100,000. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 9.99% of your loan amount for Cross River Bank originated loans which will be deducted from any loan proceeds you receive and for SoFi Bank originated loans have an origination fee of 0%-7%, will be deducted from any loan proceeds you receive. Autopay: The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. Autopay is not required to receive a loan from SoFi. Member Rate Discount: To be eligible for an additional 0.25% interest rate reduction on a Personal Loan, you must, within 31 days of loan funding, either (1) meet SoFi Plus eligibility criteria, (2) receive an Eligible Direct Deposit into a SoFi Checking or Savings account, or (3) receive at least $5,000 in Qualifying Deposits into a SoFi Checking or Savings account. You must continue to meet at least one of the above eligibility criteria every 31 days to maintain the discount. See the SoFi Plus terms for details on SoFi Plus subscription. For more details on Eligible Direct Deposit or Qualifying Deposits, please see https://www.sofi.com/legal/banking-rate-sheet. Once you become eligible during the initial period, the discount will be removed or reinstated depending on whether the criteria have been met. Each time your loan is re-amortized, your monthly payment amount will change based upon the interest rate that was in place. SoFi reserves the right to modify or terminate this offer at any time for unenrolled participants. You are not required to meet these criteria to be approved for a loan.
- Get money as soon as the same day you’re approved
- Optional origination fee may help you qualify for a lower rate
- Offers one financial planning session at no additional cost
- Lowest rates may require paying an origination fee
SoFi specializes in same-day online loans. Although SoFi isn’t the only lender that offers same-day loans, its signing window closes later in the day than most lenders. As long as you e-sign your loan agreement by 5:30 p.m. Eastern Time (ET) on a business day, you could get your money the day that you’re approved.
SoFi also offers flexibility when it comes to origination fees. If you prefer, you can choose to pay an origination fee from 0.00% – 7.00% (optional) in exchange for a lower rate. An origination fee on a $100,000 loan could be high, but it still may be worth it if you save more overall interest.
When shopping with SoFi, ask for offers that do and don’t include an origination fee so you can compare. If you opt for the fee, keep in mind that it will affect how much money you receive. SoFi will deduct the origination fee from your loan before sending you the funds.
You must meet the requirements below to get a loan from SoFi:
- Age: Be the age of majority in your state (typically 18)
- Citizenship: Be a U.S. citizen, an eligible permanent resident or a non-permanent resident (a DACA recipient or asylum-seeker, for instance)
- Employment: Have a job or job offer with a start date within 90 days or have regular income from another source
- Credit score: 600+
Best for: Wells Fargo clients – Wells Fargo
- APR (with discounts)
- 6.74% to 26.74%
- Has physical locations in case you want to apply in person
- Up to 0.50% rate discount when using a Wells Fargo checking account for autopay
- Allows due date changes
- Only current Wells Fargo clients qualify
- Can’t apply until you’ve been a client for at least 12 months
- Autopay discount requires you to pay with a Wells Fargo deposit account
If you’ve been with Wells Fargo Bank for at least a year, this bank may be a good option for a $100,000 personal loan. For one, it has physical branches. An in-person chat with a banker could be a good idea when applying for a loan this large.
Wells Fargo’s relationship discount is also generous, depending on the type of account you have. Private, Premier or Team Member checking account holders can save 0.50%. Other types of accounts are also eligible, but those only qualify for 0.25% off.
Wells Fargo also requires that you pay with a Wells Fargo Bank deposit account to qualify for the discount. This is fairly common among banks, but still restrictive. When online lenders have an autopay discount, it usually doesn’t have any requirements about what bank you use to pay.
You must be an account holder for at least 12 months before you are eligible for a Wells Fargo personal loan. Wells Fargo Bank doesn’t specify its minimum credit score requirements for its loans, but to open a checking or savings account, you must:
- Apply in person at a Wells Fargo branch if you’re a non-permanent U.S. resident
- Provide two forms of ID and proof of address, in some cases
- Make a deposit of at least $25
Is a $100,000 personal loan your best financing option?
A $100,000 personal loan is an unsecured installment loan that lets qualified borrowers finance large expenses without using collateral. Most lenders reserve six-figure personal loans for borrowers with excellent credit, high income and a demonstrated ability to repay the debt.
Borrowers traditionally turn to a home equity loan or home equity line of credit (HELOC) to borrow large sums of money. Using your home as collateral typically results in lower rates, making these options a cheaper way to access cash. In comparison, personal loans are usually unsecured, so rates are higher.
Still, a $100,000 personal loan could make sense over a home equity loan or HELOC if you need fast funding. Since there’s no collateral to appraise, the process is generally faster. You also won’t have to put your home on the line (assuming you’re a homeowner with equity).
| If you need… | Personal loan | Home equity loan/HELOC |
|---|---|---|
| Lowest interest rate | ❌ | ✅ |
| Fastest funding | ✅ | ❌ |
| Less paperwork | ✅ | ❌ |
| No collateral required | ✅ | ❌ |
Situations where a $100,000 personal loan may be a better fit
The right financing option depends on more than just the interest rate. Here are a few situations where a $100,000 personal loan may offer advantages over a home equity loan or HELOC.
-
You haven’t built enough home equity
If a major home improvement can’t wait, a personal loan could give you the financing you need before you qualify for a home equity loan or HELOC. -
You don’t want another loan tied to your home
If you’re looking forward to owning your home free and clear, taking out a home equity loan or HELOC means putting a new lien on your property. Some borrowers prefer an unsecured personal loan instead, even if it comes with a higher interest rate. -
You plan to sell your home soon
If you need to start a major renovation before listing your home, a personal loan can provide funding without requiring you to borrow against a house you expect to sell in the near future.
Save money and time by comparing real loan offers
Borrowing $100,000 is a big decision. Let LendingTree help. Compare multiple lenders and find the loan that helps you achieve your financial goals.
Tell us what you need
Take two minutes to share a few details about yourself and how much you want to borrow. It’s free, simple and secure.
Shop your offers
Not every lender offers $100,000 personal loans, and approval criteria vary. If you’re matched with offers, compare rates, terms and fees to find the loan that best fits your needs.
3. Get your money
Once you’ve found the loan that’s right for you, complete your application with the lender. If you’re approved, you’ll sign your loan documents and receive your funds.
Understanding the true cost of a $100,000 personal loan
Only you can decide whether a $100,000 personal loan is worth it. Outside of rates, large personal loans have a few other cost considerations that borrowers should be aware of.
Origination fees can significantly reduce your loan proceeds
Some lenders charge origination fees, usually a percentage of your loan amount. Because the loan amount is so large, even a modest origination fee can add up to thousands of dollars.
For instance, a 4% origination fee on a $100,000 loan is $4,000. Usually, the lender deducts this fee from your loan before sending it to you, so you won’t have to pay it out of pocket.
Still, if you have strong enough credit to borrow $100,000, you probably also qualify for a no-fee loan. Lenders that specialize in excellent credit often waive origination fees, if they charge them at all.
Lower monthly payments come at a higher overall cost
Many borrowers opt for long-term personal loans when taking out large loans. Longer loan terms usually mean lower monthly payments since you have more time to spread your balance across.
However, the longer it takes to pay off your loan, the more overall interest you’ll pay. Plus, lenders usually charge higher rates on long loans since they are higher risk — the borrower has more opportunity to fall behind.
Choose a loan term that balances monthly affordability and long-term costs.
A $100,000 loan is a long-term commitment
Depending on the term you choose, a $100,000 personal loan might be part of your budget for seven years or more. A lot can happen in that time and a large fixed expense can limit your options if your priorities change, such as buying a house or changing careers.
Before borrowing, consider whether you’ll still be comfortable making the payment if your financial situation changes over the life of the loan.
Calculate your personal loan payments
Use the personal loan calculator below to get an idea of your monthly payments and how much interest you’ll pay.
Do you qualify for a $100,000 personal loan?
Qualifying for a $100,000 personal loan is considerably more difficult than qualifying for a smaller personal loan. Because lenders take on more risk with six-figure unsecured loans, they typically expect excellent credit, high income and the ability to comfortably manage the monthly payment.
What lenders typically evaluate other than your credit score
- Annual income: Your credit score doesn’t pay for your personal loan — your paycheck does. Lenders need to see that you can afford a $100,000 personal loan.
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Current debt: Debt-to-income (DTI) ratio
measures how much debt you already have compared to your income. If a large portion of your income is going to current debt, then it’s unlikely that a lender will approve you for more.To calculate your DTI, add up your monthly debt payments and divide them by your monthly income before taxes. Do not include utility bills in your debt calculation, only debt related to loans and credit cards, as well as your rent payments. In general, a DTI of 35% or less is considered “good,” but this varies by lender. Also, lenders may require better-than-average DTI ratios on $100,000 personal loan requests.
- Assets: Personal loan lenders can’t seize your assets if you default, but ample assets like a well-funded retirement account indicate financial responsibility to some lenders.
- Job stability: If you have a lot of employment gaps or are a gig worker who brings in inconsistent income, you may have a hard time getting a large personal loan.
LendingTree senior writer Lauren Clifford conducted a secret shopper study by applying for a personal loan with 15 lenders and loan marketplaces. Despite a nearly perfect FICO Score (846 out of 850), she was rejected five times — and that was for a $12,000 loan. Smaller loans typically have less stringent requirements.
Even borrowers with excellent credit may not qualify with every lender. Relatively few lenders offer $100,000 personal loans, and each has its own approval criteria. Using a loan marketplace can help you cast a wider net and compare potential options at one time.
How we chose the best $100,000 personal loans
We reviewed more than 40 lenders and loan marketplaces to determine the overall best loans that lend up to $100,000. To make this list, the company must offer personal loans with competitive APRs.
From there, we assessed each lender across four categories: eligibility and access, cost to borrow, loan terms and options and repayment support and tools.
According to our standardized rating system, the best $100,000 personal loans come from LightStream, Alliant Credit Union, BHG Financial, SoFi and Wells Fargo Bank.
Our categories
We assess how easy it is for people to qualify and apply. This includes state availability, soft-credit prequalification, membership requirements, funding speed and whether borrowers with less-than-excellent credit can get a loan.
We evaluate how affordable the loans are based on minimum and maximum APRs, loan fees and rate discounts. Lenders with unclear or potentially predatory costs receive lower scores.
We consider repayment term flexibility, loan amount ranges and whether options like secured loans, joint loans or direct-to-creditor payments are offered — plus whether the lender clearly communicates these options.
We evaluate borrower experience after funding: customer service access, hardship or forbearance programs, payment flexibility and digital tools like mobile apps or credit monitoring.
Our process
We gather data directly from lenders through their websites, disclosures and direct communication with company representatives. Our editorial team verifies and updates information regularly. We value transparency and award less favorable scores when lenders obscure or omit details.
Our editorial team applies the same scoring model and standards to every lender. Lenders cannot pay to influence our ratings. Read more about our editorial guidelines.
Why trust LendingTree’s methodology?
Our writers and editors dig through the facts, contact lenders directly and even go through the application process ourselves if it helps better explain what you can expect. As a Certified Financial Education Instructor℠, I’m committed to breaking down complex financial details so people can make confident, informed decisions with their money.
Jessica’s experience in editing and financial education helps shape LendingTree articles that are clear, accurate and truly useful to readers. Her certification means our recommendations are built on a foundation of consumer-first financial knowledge — not just numbers.
Frequently asked questions
No, you’re not likely to qualify for a $100,000 personal loan with bad credit. Bad credit personal loans exist, but loan amounts are much smaller, usually from several hundred to a few thousand dollars.
Yes, it’s generally easier to qualify for a $100,000 home equity loan than it is for a $100,000 personal loan. Lenders use your home as collateral on a home equity loan, which means they can foreclose on your house if you stop paying. This makes the loan less risky for them, so eligibility requirements are usually easier to meet.
Most personal loans are unsecured (don’t use collateral), so the lender can’t make up its losses through foreclosure or repossession. You must qualify based on you and your co-borrower’s credit alone, not because of any collateral.
Yes, as long as you haven’t yet accepted the loan, you can borrow less than what you’re approved for. In some cases, this is a smart move. Borrowing more than you need leads to unnecessary debt and interest.
However, rates and terms are based in part on how much you’re borrowing. By requesting a smaller loan, the lender may adjust your rate and available repayment terms based on your new requested loan amount.
When you formally apply, yes. The lender will run a hard credit check, which may drop your score — usually by five points or less for most people, according to FICO. After a year, the hard credit check will no longer impact your score.
If you’re just shopping, many lenders offer prequalification. This lets you check rates and eligibility without impacting your credit.
Some personal loan lenders provide same-day funding. In these cases, you may receive your loan the same day that you apply, are approved and sign your loan documents.
However, large personal loans can take longer to process. There’s more at stake for the lender, so it may have extra underwriting criteria or documents to review to make an approval decision.