Truist (TFC) Named Top HELOC Lender with Credit Lines Up to $1M
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowTruist (TFC) has been recognized as the best HELOC lender in June 2026 by Yahoo Finance. The bank provides home equity credit lines up to $1 million and offers options such as interest-only or revolving payments during the draw period. The current average HELOC rate is 7.25%, with previous lows of 7.19% earlier in the year. Homeowners are exploring HELOCs as an alternative to refinancing amid rising property values and stable primary mortgage rates near 6%.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Truist Financial Corporation (TFC)
Truist Financial is a large U.S. regional bank formed from the merger of BB&T and SunTrust.
The Financials sector covers banks, insurers and capital-markets firms at the center of the economy.
Earlier TFC news
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