Home Equity and Property Improvement

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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.

Loan Options

Fixed Home Equity Loan*

Like the security of knowing what your payments will be each month? A fixed home equity loan may be for you.


Home Equity Line of Credit**

Looking for low monthly payments on what you borrow? Try a home equity line of credit (HELOC). With a HELOC, you make payments based only on what you borrow from your credit line.

Home Improvement Loan***
1st or 2nd Lien Position

Looking to make repairs or take on a home improvement project? A home improvement loan can help you turn your house into the home of your dreams.


Unsecured Home Improvement Loan****
No Equity Required

No equity? No problem! We offer home improvement loans with no equity required to ensure that you can get the financing you need for property improvements.

Product

Term

Loan

Rate as low as

APR as low as

Product

Fixed Home Equity Loan*

Term

Up to 240 Months

Loan

$5,000.00 to $200,000.00

Rate as low as

3.500%

APR as low as

3.500%

Product

Home Equity Line of Credit**

Term

120 Month Draw Period

Loan

$7,500.00 to $200,000.00

Rate as low as

4.000%

APR as low as

4.000%

Product

Home Improvement Loan***

Term

Up to 240 Months

Loan

$5,000.00 to $250,000.00

Rate as low as

3.500%

APR as low as

3.500%

Product

Unsecured Home Improvement Loan****

Term

Up to 60 Months

Loan

$5,000.00 to $7,499.99

Rate as low as

8.750%

APR as low as

9.790%

Rates effective Midnight on Wednesday, August 18, 2021.

* 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 80% LTV at a 4.00% rate. Payments per month are $506.23.

** 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 canceled within the first 24 months. Additional fees may apply. Telhio reserves the right to amend or suspend this program at any time. Maximum LTV 100%.

*** 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. For example, stated APR based on a $50,000 for 120 months with a rate of 5.150% and APR of 5.150% has a payment per month of $534.00 . 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.

**** 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.

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

Rate quoted as of 2/1/16. The Annual Percentage Rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. Offer and rates are subject to change or terminate without notice. NMLS#251831. Click here for example.

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TruStage┬« Insurance

You work hard to give your family a home and the treasured memories that go with it. Help protect them with insurance from the TruStage® Home Insurance Program.

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Telhio Credit Cards

Whether you want to pay down balances faster, maximize cash back, earn rewards or begin building your credit history, we have the ideal card for you!

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Mortgage Loan Options

You may be able to refinance your mortgage and withdraw cash from your equity.