Home Equity Loans & Home Equity Lines of Credit
Put your home’s equity to work when you need it.
Access the equity in your home with a Home Equity Loan or Line of Credit.
Use the funds for whatever you need, such as:
- Debt Consolidation. Say goodbye to high-interest debts.
- Home Improvements. Boost your property’s value with renovations.
- Education. Invest in your future or your child’s education.
- Emergency Funds. Have a financial cushion when life throws surprises.
- Fund a large expense, like a wedding, dream vacation, or adoption.
These loans let you borrow money using the equity in your home as collateral. Unlike most consumer loan types, the interest on a home equity loan or HELOC may be tax-deductible.
With a home equity loan, you borrow a lump sum repayable over a fixed term, usually 5-15 years, giving you the security of a locked-in rate and a consistent monthly payment.
A HELOC (home equity line of credit) is much like a credit card or any other type of open-ended credit. The credit limit is calculated by your lender using several factors, including the home’s current value, the mortgage balance, credit score, and borrower income. You can borrow money as needed by making a transfer into your checking account. A HELOC is usually a variable-rate loan, so your monthly payments will change based on your outstanding balance and fluctuations in the prime rate.
*We’ll pay up to $1,250 of your HELOC closing costs when you elect a minimum initial draw of $25,000 or more.
Speak to one of our home loan specialists for more details about our home equity loan products. Call today at 352-588-2732.
*Limited-time offer. Available 07/01/2026-09/30/2026. The promotional fixed APR of 3.99% applies for the first six months of the HELOC term; thereafter, a variable APR based on the borrower’s creditworthiness will apply. The current variable APR is as low as 6.750% (the prime rate). We will pay up to $1,250 of HELOC closing costs when the member elects an initial draw of $25,000 or more. Other terms and conditions may apply. Subject to credit approval and membership eligibility. You can bank with us if you live, work, worship, conduct business, or attend school in eastern Pasco and Hernando Counties. Speak to a member of our team for full details of the offer. We do business in accordance with the Fair Housing Law and the Equal Opportunity Credit Act. Equal housing opportunity.
