NEWEconomy

Truist (TFC) Named Top HELOC Lender with Credit Lines Up to $1M

Published on 6/14/2026

#TFC#HELOC#home equity#interest rates#mortgage
Truist (TFC) Named Top HELOC Lender with Credit Lines Up to $1M

AI Summary

Truist (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%.

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