Truist (TFC) Named Top HELOC Lender with Credit Lines Up to $1M
Published on 6/14/2026
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%.
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