The equity in your home can open doors.
Home Equity Loans and Lines of Credit
Convenient Home Equity Options
Maybe you need extra money to pay for a large expense or improvements. Maybe you're aiming to consolidate your debt, or perhaps you're looking for an extra pool of cash for a wedding or tackle another long-term project. Whatever the need, borrowing against the equity of your home can help you get the money you need quickly and easily.
| Home Equity Loans |
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| Home equity loans are a lump, one-time loan so you can receive the full amount you need right away. If you have a big project you'd like to complete soon, a home equity loan could be right for you. |
| Home Equity Line of Credit |
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| Home equity lines are a continuous loan that you can use whenever you need it. You only pay interest on the amount you use and draw as much as you need up to your limit. If you're considering needing some extra funds over the long-haul, this may be a good option for you. You can access funds through home equity line checks, or use Online Banking or the Tru2Go® mobile app to transfer the money directly into your Truliant checking account. Minimum monthly payment starting as low as 1% of the outstanding balance. |
Home Equity Calculators
Home Equity Rates
All loans are subject to credit approval. Home equity products available in NC, SC, TN, VA, FL, GA & OH only. Consult your tax advisor on the deductibility of interest.
(a) Advertised Annual Percentage Rate (APR) may change without notice.
(b) Home Equity Line of Credit is a variable rate loan and the APR is based on The Wall Street Journal Prime Rate and will vary based on your credit history, but will not go below the floor rate of 3.99%. The rate on home equity lines of credit tied to prime are adjusted the 1st day of the following month in which the prime rate change occurs. Maximum APR is 18.00%.
(d) Fixed rate may vary based on your credit history, term, and loan to home value. 7.65% minimum good on second lien position. Loan range: $10,000 to $350.000. Terms to 240 months. Contact us for additional details.
(e) Fixed rate may vary based on your credit history, term, and loan to home value. 6.40% APR minimum good on first lien position only. Loan range: $25,000 to $350,000. Terms to 180 months.
The Process is Simple – Here’s What to Expect After You Apply
- Once you apply, we will help to walk you through the rest of the process so if you ever have a question, we're here for you. If you applied online, you can expect the same personalized attention from one of our team members.
- We will reach out to you to discuss your loan amount, terms and payment information.
- Your funds are ready whenever you are.
Related Topics
Rates and terms are subject to change. Loans are subject to credit approval. Home Equity Line of Credit is a variable rate with a maximum APR of 18.00%. Home Equity Closed End Loan is a fixed rate. Available in FL, GA, NC, OH, SC, TN and VA only.
(1) If an appraisal is deemed necessary, an appraisal fee will be collected at that time; total cost approximately $400-$600 and is non-refundable if the borrower does not close their home equity loan with Truliant. FEES IMPOSED BY THIRD PARTIES: If your home is located in SC or GA, an attorney in that state will charge approximately $250-$600 in SC and $300-$600 in GA to close your home loan. For SC loans, Truliant will pay up to $400 in closing cost attorney fees. For all states, certain third party fees are waived at loan origination. See your Home Equity Line of Credit Agreement (for home equity lines of credit) or Closing Disclosure (for home equity loans) for all fees related to this Agreement.
(2) If your account is paid in full and closed within 24 months, you will be required to reimburse the credit union for 50% to 100% (depending on when you close the account) of the closing costs paid on your behalf upon closing your account.
Home Equity Closed End Loan: Vacation/second home must be owner-occupied by borrower at least 14 days per year and be at least 60 miles from borrower's primary residence. Available for owner-occupied primary and vacation/second home, condominium or town home. Also available for manufactured or modular homes. Must be doublewide, on permanent foundation. Loan not available for investment property and cannot be used to purchase a residence.