Home Equity Loans

Borrow a lump sum against your Florida home equity at a fixed rate. Predictable payments for home improvements, debt consolidation, or any purpose.

Key Features

• Fixed interest rate and fixed monthly payment
• Lump sum disbursement at closing
• Borrow up to 85% of home value (CLTV)
• Terms from 5 to 30 years
• Interest may be tax-deductible (if used for home improvements)
• No restrictions on use of funds
• Second lien position (behind your first mortgage)

Who Is This For?

• Homeowners who need a specific amount for a defined project
• Debt consolidation at a lower fixed rate
• Major home improvements or renovations
• Funding education, medical expenses, or large purchases

Florida-Specific Considerations

• Florida home values have appreciated — significant equity available
• Florida has no state income tax on proceeds
• Hurricane preparedness upgrades (impact windows, roof) add value and save insurance
• Home equity loan interest may be deductible if used for home improvements