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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 2.99% APR for 12 months, and 4.75% 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 up to 100% of your home's purchase price.3 
  • 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 4.75% to 18.00% Annual Percentage Rate (APR) depending on creditworthiness. The variable APR is as low as the Prime Rate (as low as 4.75% APR as of (3/1/2020) 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.
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.