Truist HELOC Offerings Capture Attention With $1M Lines, 7.21% Rate

Truist was recognized as the best HELOC lender, offering credit lines up to $1 million with flexible payment options. The average HELOC rate is reported at 7.21%, with a low of 7.19% observed in early 2026. In comparison, the national average home equity loan rate is 7.36%. These rates apply to borrowers with a minimum credit score of 780 and a CLTV below 70%, providing homeowners with alternatives to tap into their home equity without refinancing their primary mortgages.