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Borrow against your best asset

Need money to spruce up your space or cover a large expense? Harness the borrowing power of your own home with a home equity loan or home equity line of credit (HELOC) from MIDFLORIDA.
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Overview

How to use the equity in your home

Your home’s equity, which is calculated by subtracting any mortgages or liens from the market value of your home, is an asset you can tap into for financing what’s important to you. From major home improvements to large expenses to debt consolidation, we have options to help you meet your goal.

Apply online Call our lending department at (863) 284-5626 or toll free (855) 560-5626 to discuss your home equity options.

View home equity rates

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Types of Equity Loans

Compare Home Equity products

Home Equity Loan

A fixed loan with a one-time payout that can be used for almost any purpose.

  • Fixed rate
  • Terms up to 20 years
  • Set monthly payments

Home Equity Line of Credit

Access funds as you need them, and only make payments on the portion you use.

  • Low introductory rate
  • Borrow up to 100% of home’s appraised value1
  • Ongoing use
Notices & Disclosures
1
For home improvements only with licensed contractors. Not available for debt consolidations, cash outs or investment purposes. Not all homes will qualify to be mortgaged for more than their original purchase price.