Unlock Your Home's Equity
For a limited time, we're offering a special HELOC rate to help you tap into your home's equity with more confidence and flexibility. Whether you're planning a home project, covering unexpected expenses, or consolidating debt, our Home Equity Line of Credit can give you access to funds when you need them.
Rates as low as 6.25% APR*
Receive a promotional rate of Prime minus 0.50% for the life of the loan.
Pay no closing costs
Pay no closing costs on HELOCs up to $250,000. Additional fees may apply.
Flexible access to funds
Apply for $5,000 to $500,000 and borrow only what you need, when you need it.
Frequently Asked Questions
Is the promotional HELOC rate fixed?
No. The rate is a variable APR based on the Prime Rate published in *The Wall Street Journal* and may change monthly without notice. Qualified borrowers receive pricing of Prime minus 0.50% for the life of the loan. The APR will never be lower than 5.00% or higher than 18.00%.
Do I need to be a Telhio member?
Yes. Both new and existing members must have an open Telhio checking account to qualify for the promotional rate. If you are not yet a member, you can establish membership and open a checking account.
How much can I apply for?
Eligible applicants may apply for a credit line from $5,000 to $500,000.
Can I refinance an existing Telhio home equity loan or line?
No. Existing Telhio home equity loans and lines are not eligible to refinance at the promotional rate.
Are there any annual or early termination fees?
An $85 annual fee applies beginning on the first anniversary date. There is no prepayment penalty. However, an early termination fee applies if an HELOC is closed within the first 24 months after it was established. Refer to your loan documents for complete details and fee amounts.
What types of properties are eligible?
The offer is available for owner-occupied residences only and may not be used for purchase money transactions. Property insurance is required, and flood insurance may be required where applicable.
What is the HELOC draw period?
A Telhio HELOC includes a 10-year draw period. During this time, you can access funds as needed, up to your approved credit limit, and make payments based on the amount you borrow. After the draw period ends, you will enter a 15-year repayment period and can no longer borrow additional funds from the line.
HELOC Calculators
If you're considering a Home Equity Line of Credit, take a moment to calculate the equity in your home (which can affect how much you may qualify to borrow) or the cost of a HELOC payment over time.
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Disclosures
*APR = Annual Percentage Rate. Application Period and Approval. Applies to HELOC applications received from 8/1/2026 through 9/30/2026. All applications are subject to credit approval. Rate and Repayment Terms. The variable rate starts as low as Prime minus 0.50%, subject to a floor rate of 5.00% APR. Qualified borrowers may be eligible for Prime minus 0.50% during a 10-year draw period, followed by a 15-year repayment period. The APR will never be lower than 5.00% or higher than 18.00% during the life of the loan. The rate is a variable APR based on the current Prime Rate as published in The Wall Street Journal and is subject to change monthly without notice. Use of the term "Prime" does not indicate that the rate is the best or lowest rate offered by any lender. To determine the annual percentage rate, Telhio uses the current Prime Rate minus 0.50%, subject to the minimum APR stated above. As of 7/20/2026, the Prime Rate is 6.75%. Eligibility Requirements. This offer may not be used for purchase money transactions and is available for owner-occupied residences only. The advertised rate is available to applicants with credit scores greater than or equal to 740, a minimum loan amount of $5,000 and a maximum loan amount of $500,000, a loan-to-value (LTV) ratio of 90% or less, and an open Telhio checking account. Fees and Closing Costs. No closing costs apply for loans up to $250,000. Additional fees may apply. There is no prepayment penalty; however, an early termination fee applies to open-end home equity lines of credit that are closed within the first 24 months after the loan was established. Refer to your loan documents for complete details and fee amounts. An $85 annual fee will apply beginning on the first anniversary date. Insurance Requirements. Property insurance is required, flood insurance may be required where applicable. Tax Considerations. Consult your tax advisor regarding deductibility of interest. Additional Terms. Contact Telhio Credit Union for additional terms and conditions. Telhio reserves the right to amend or suspend this program at any time.
