Do you have big plans for your home in 2026? Turn your home's
equity into new possibilities with a Home Equity Line of Credit (HELOC).
Whether you're planning a renovation, upgrading essential features, or simply
want financial flexibility, a HELOC offers a convenient and cost‑effective way
to access extra funds.
A HELOC is a secured line of credit that lets homeowners
borrow against the equity they've built in their homes. Equity, the difference
between your home's market value and your remaining mortgage balance, serves as
collateral for the credit line. This gives you the freedom to borrow only what
you need, when you need it, up to your approved limit.
While a HELOC may seem complex at first, it has become a
trusted and strategic financial tool. It can provide lower interest rates than
many alternatives and may even help boost your credit score when managed
responsibly. It's a smart, flexible way to put your home's value to work for
you.
One of the biggest advantages homeowners appreciate is the
lower interest rate. Compared to credit cards or personal loans, HELOCs
typically offer significantly more affordable borrowing. Plus, the ability to
lock in a low rate, especially with Telhio's current limited‑time offer, can
save you money over the life of your line of credit.
Right now, Telhio is offering a special HELOC rate as low as 6.25%
APR*, with no closing costs, making this an ideal time to explore
your options. If you'd like to learn more or take advantage of this exclusive
offer, visit us in‑branch, online, through the Telhio mobile app, or
call us at 614‑221‑3233. Don't wait, this special HELOC offer ends March
31st. Lock in a low rate today and make the most of your home's equity!
If you'd like to do more research first, Telhio offers Telhio's free online calculators to:
- determine the equity in your home
- estimate
a HELOC payment
- evaluate
using home equity for a major purchase
*Variable rate starts as low as Prime - 0.50% (floor rate is
5.00% APR). Qualified borrowers eligible for Prime - 0.50% over 10-year draw
period with 15-year repayment. Applies to HELOC applications received 1/20/2026
- 3/31/2026. All applications subject to credit approval. Cannot be used for
purchase money transactions, owner-occupied residences only. Advertised rate is
available to applicants with credit scores greater than/equal to 740 with a
minimum loan amount of $5,000 and a maximum of $250,000, with a loan to value
(LTV) of 90% or less, and with an open Telhio checking account. APR will never
be lower than 5% or higher than 18% APR during life of loan. Rate is a variable
rate APR based on the current prime rate as published in the Wall Street Journal
and will be subject to change monthly without notice. Use of the word
"prime" does not mean that the rate is the best or lowest offered by
any lender. To determine the annual percentage rate, we use the current prime
rate minus 0.50% (subject to the minimum APR above) as of 1/12/2026 the Prime
rate is 6.75%. No closing costs for loans up to $250,000. Additional fees may
apply. No prepayment penalty, however, an early termination fee applies to
open-end home equity lines of credit that are closed in the first 24 months
after the loan was established. Prepayment penalties are equal to the amount of
bona fide third-party fees paid by the credit union on your behalf as permitted
by law. An annual fee of $85 beginning on the first anniversary date will apply.
Proof of Property and Hazard Insurance is required. Contact Telhio credit union
for additional terms and conditions. Consult your tax advisor regarding
deductibility of interest. Telhio reserves the right to amend or suspend this
program at any time.
The content in this article is true and accurate as of 3/9/2026.
