Here’s an overview of the major pros and cons of borrowing from Truist.
Truist’s offers variable and fixed-interest rate HELOCs with rates starting at an annual percentage rate of 7.70%.
You’ll need excellent credit to qualify for the lowest interest rate.
Fees
Truist provides options when it comes to closing costs.
Truist doesn’t provide details for specific credit scores needed to qualify for their products on its website.
Applying onthe HELOC pageof the company’s website should take about 20 minutes.
Once you are approved, it typically takes between 30 and 35 days to close.
ET and Saturday, 8 a.m. to 5 p.m.
Automated assistance is available 24 hours a day.
If you’re looking for general info, you may be able to find answers on the company’sHelp Center.