Home Equity & Property Improvement Loans

Telhio has a wide range of home equity and home improvement options - from traditional lines of credit, to loans that do not require equity. Our terms range from 5 to 20 years with low fixed and variable interest rates.

Fixed Home Equity Loans & Home Equity Lines of Credit

Like the security of knowing what your payments will be each month?  A fixed home equity loan may be for you. Looking for low monthly payments on what you borrow?  Try a home equity line of credit. With a HELOC, you make payments based only on what you borrow from your credit line.

Home Improvement Loans with No Equity Required
No equity? No problem!  Our home improvement loans may be just what you're looking for.

Product	Term	Loan	Rate as low as	APR as low as
Fixed Home Equity Loan1	Up to 180 Months	$5,000.00 to $200,000.00	4.000%	4.000%	APPLY NOW
Home Equity Line of Credit2	120 Month Draw Period	$7,500.00 to $200,000.00	4.750%		APPLY NOW
Home Improvement Loan - No Equity Required3	Up to 180 Months	$5,000.00 to $15,000.00	5.250%	5.250%	APPLY NOW
Unsecured Home Improvement Loan - No Equity Required4	Up to 60 Months	$5,000.00 to $7,499.99	8.750%	9.790%	APPLY NOW

Rates effective Midnight on Wednesday, March 18, 2020

Try our Rate Calculators
Click here! Loan questions?
Call us at 614 221-3233.

¹ Actual rates may vary based upon one or more of the following: credit rating, value of collateral, LTV and term. The final APR will be based on the final loan amount and applicable finance charges. Stated APR based on a qualifying fixed home equity loan of $50,000 for 120 months with 70% LTV at a 4.00% rate. Payments per month are $506.23.
² Home Equity Lines of Credit (HELOCs) are variable rate products. Actual rates may vary based upon one or more of the following: credit rating, value of collateral, and term. Rate will vary based upon the Prime Rate as published in the Wall Street Journal. Maximum APR of 18%. Floor rate of 4%. $300 reimbursement fee applies if HELOC is cancelled within the first 24 months. Additional fees may apply. Telhio reserves the right to amend or suspend this program at anytime. Maximum LTV 100%.
³ Actual rates may vary based upon one or more of the following: credit rating, value of collateral, LTV and term. The final APR will be based on the final loan amount and applicable finance charges. Stated APR based on a $50,000 for 120 months with a rate of 5.250% and APR of 5.250% has a payment per month of $536.46. Max LTV and other underwriting criteria does apply. All funds must be used towards verifiable home improvement project. 1st or second lien position on property required for this product.
⁴ Actual rates may vary based upon one or more of the following: credit rating, value of collateral, LTV and term. The final APR will be based on the final loan amount and $150 document prep fee. Stated APR based on a $7,500 for 48 months with a rate of 8.75% and APR of 9.79% has a payment per month of $189.46. Other underwriting criteria does apply. All funds must be used towards verifiable home improvement project.

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The annual percentage rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. APR may vary.  Certain restrictions and credit evaluation will apply for all loans. Rates and product offerings are subject to change without notice. Actual rates may vary based upon one or more of the following: credit rating, value of collateral, and term.   All rates and terms subject to credit approval.  NMLS#251831