Best HELOC for a NYC Primary residence?

[Wei Jie Yang]

Hi, I live in Queens and I'm looking to get a HELOC on my home. I'm wondering what the best option is out there on the market currently? My property is worth 1.4M last time I got it appraised (around 2019) It should still be at around that level. I don't believe me or my wife's income will be able to cover a full 80-90% LTV line of that amount but I want to be able to get a line as close as possible.

Is there currently an institution that is recommended or any that should be avoided? Are there institutions with better terms like longer payoff period, interest only, no minimum draw, or something else I'm not thinking of? 

Thank you for your help