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Renovate your home at an extremely low rate.

Tackle your next home improvement project with a low-rate home equity line of credit, and borrow only the amount you need when you need it.


No Closing Costs

Pay no closing costs on a new Home Equity Line of Credit under $250,0001 and enjoy an intro rate as low as 1.99% APR for 12 months, and 3.25% to 18.00% APR after that.2

For those ongoing projects, a home equity line of credit (HELOC) gives you the flexibility you need to draw funds as you need them up to your available credit limit. You’ll receive a low variable rate and your payment will drop as your balance gets lower.

Or, pay only the interest during the draw period with an Interest-Only HELOC.

If you prefer a fixed rate and monthly payment, take a look at our home equity loan.

Call our loan department at (863) 284-5626 or toll free (855) 560-5626, visit a branch to apply, or apply online.

View home equity line of credit rates

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Learn about Open End Loans

  • Borrow only the amount you need
  • Pay no closing costs on lines under $250,000.1
  • Choose your payment, as low as 1% of the outstanding balance.
  • Use the funds over and over again as you borrow and repay.
  • Easily access your funds within Online Banking or over the phone.
  • Lines of credit available from $10,000 to $500,000.
  • Interest may be tax deductible. (Ask your tax preparer for details.)

How to Apply

Apply Today

Apply in Person - Find your nearest MIDFLORIDA branch

Apply Online

Apply by Phone - Call 855-560-5626

Notices & Disclosures
Offer may be canceled without notice. Membership required. Approval subject to application, credit and acceptable property (must be your primary residence; manufactured homes excluded). Property insurance required. Flood insurance when required. Online appraisal used to determine home value. Not available for refinance or consolidation of existing MIDFLORIDA loans. Loan amounts from $10,000 to $500,000. “No Closing Cost” applies only to loans under $250,000 with less than 100% LTV on homes owned at least 5 years; costs subject to recapture within 36 months.
After 12 months, the applicable rate may be 3.25% to 18.00% Annual Percentage Rate (APR) depending on creditworthiness. The variable APR is as low as the Prime Rate (as low as 3.25% APR as of 6/1/2020) and is subject to change quarterly. There is no limit on the amount by which it can change in any one-year period. Rate and payment amount may vary based on property value, loan amount and other factors.