HELOC Rates FloridaBest FL Home Equity Line of Credit Rates

Compare home equity line of credit (HELOC) rates in Florida

(Last Updated: 11/17/2025)
Home Equity Lenders
APR
Rate
Initial Draw
 Contact details
6.520% Intro APR
6.520% After Intro PeriodIntro Period: 0 months		 6.520% Rate $20,800 Min. Initial Draw Amount
Conditions:
1. Upstart Mortgage offers HELOCs from $26K-$250K. An initial draw of 80% of the approved credit limit is required at account opening. 2. Terms shown here are subject to change without notice. APRs for initial advances range from 6.52% to 18.00% based on rates offered as of July 2025. The lowest rate is only available to consumers willing to become a member of a credit union and to those who meet a minimum FICO score of 780, CLTV under 70%, and DTI under 45%. Your actual rate will depend on many factors such as your credit history, combined loan-to-value ratio (CLTV), line amount, loan term, lien position, and property state. Origination fee to open an account is between 0% and 4.99% of the approved credit limit. The Annual Percentage Rate ("APR") is variable and based on the Prime Rate as published in the Wall Street Journal "Money Rates" table plus or minus a margin. Your APR will never be less than 3.99% or greater than 18.00%. Property insurance is required. 3. All mortgage lending conducted by Upstart Mortgage, LLC dba Upstart Home Lending. NMLS #2443873
  • As low as 6.52% APR on your initial draw*
  • Get your money up to 10x faster than the industry standard**
  • Fixed rate on each draw**
  • No paperwork needed to apply
6.740% Intro APR
6.740% After Intro PeriodIntro Period: 0 months		 6.740% Rate $0 Min. Initial Draw Amount
Conditions:
Offers may vary; all loan requests are subject to eligibility requirements, application review, loan amount, loan term, income verification, and lender approval. Product terms are subject to change at any time. Offers are a line of credit. Loans are not available to residents of all states and available loan terms/fees may vary by state where offered. Line amounts between $15,000 and $300,000 and are assigned based on product type, debt-to-income ratio and combined loan-to-value ratio. 10, 15, 20, and 30-year terms available. Minimum 600 credit score applies for debt consolidation requests (20 and 30 year terms require a minimum credit score of 640), minimum 700 applies for cash out requests. Fixed rate APRs range from 6.240%- 14.00% and are assigned based on underwriting requirements. Offer APRs assume automatic payment enrollment which may provide a discount (autopay enrollment is not a condition of loan approval). All terms have a 5-year draw period with the remaining term being a no draw period. Payments are fully amortized during each period and determined on the outstanding principal balance each month. Closing fees range from $750 to $6,685, depending on line amount and state law requirements and typically include origination (up to 3.5% of line amount) and underwriting ($725) fees if allowed by law. Property must be owner-occupied. CLTV ratio may not exceed 75%, including the new loan request. Property insurance is required and flood insurance may be required if the subject property is located in a flood zone. You must pledge your home as collateral. 6.240% APR requires low DTI and CLTV; a maximum loan amount of up to $150,000; 10-year term; FICO 780+; and automatic payment enrollment. Contact Achieve Loans for further details. Equal Housing Opportunity.
  • Competitive rates, Pre-qualify in minutes
  • Mortgage Advisors standing by to help find the best solution
  • Flexible terms with fast funding
  • Minimum credit score: 600
6.950% Intro APR
6.950% After Intro PeriodIntro Period: 0 months		 6.950% Rate $15,000 Min. Initial Draw Amount
Conditions:
Approval may be granted in five minutes but is ultimately subject to verification of income and employment, as well as verification that your property is in at least average condition with a property condition report. Five business day closing assumes closing the loan with our remote online notary. Closing timelines will be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing.
  • Get your offer in 5 minutes and funding in as few as 5 days
  • Personalized banking solutions to help reach your financial goals
  • Up to $400K
  • Terms of 10,15, or 30 years
6.990% Intro APR
6.990% After Intro PeriodIntro Period: 0 months		 6.990% Rate $0 Min. Initial Draw Amount
Conditions:
Conditions… Variable APR of Prime minus 1.01% in all states. Min loan amount $10,000. Max loan amount $200,000. 30-year term. Annual fee waived for the first year. See conditions for guarantee at thirdfederal.com.
  • Third Federal rate are typically 20% lower than other leaders
  • Guaranteed Lowest Rate
  • No closing costs, prepayment penalties, or minimum draw requirements
  • 10 year draw period
5.990% Intro APR
7.250% After Intro PeriodIntro Period: 12 months		 7.250% Rate $25,000 Min. Initial Draw Amount
Conditions:
Rates/terms are subject to change. All offers of credit are subject to credit approval. Applicants may be offered credit at higher rates and other terms. Property insurance (including flood insurance, if applicable) is required. HELOCs not offered in Texas. Membership at FourLeaf is required by opening a minimum $5 share account. Rates shown are based on primary residence, minimum initial draw of $25,000 at account opening, monthly payments via automatic transfers from a FourLeaf checking/savings account, and borrower(s) inputs for credit score and Combined Loan-to-Value. If borrower(s) qualifies for an intro rate, the intro APR is fixed for 12 months. After, standard APR is variable based on the U.S. Prime Rate, plus a margin, and is subject to increase. To obtain an intro rate, borrower(s) must meet credit/loan program requirements, including (but not limited to): 1) maximum CLTV of 75%, 2) minimum credit score of 720 3) initial draw of $25,000 and maintain this balance for 12 months, 4) monthly payments via automatic transfers from a FourLeaf checking/savings account, and 5) have not had an intro rate within the past 5 years. Loan amounts over $500,000 are not available for the intro rate. The standard APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin (if applicable), and is subject to increase after consummation. The current standard APR ranges from 7.50% - 18.00% as of 4/16/2025. Not all applicants will qualify for the lowest rate. The minimum floor APR is 3.25% and maximum is 18%. Prime Rate as of 4/16/2025 = 7.50%. Closing costs for the first $500,000 will be paid by FourLeaf but must be repaid by the borrower(s) if the HELOC is closed within first 36 months of account opening. Fees generally range between $500 - $15,000. Borrower(s) will be responsible for mortgage-related taxes and title insurance costs on the line amounts over $500,000. Fees generally range between $500 -$60,000.
  • Tap into your home's equity & access the funds you need with a HELOC
  • Apply online or speak with a specialist
  • No application, origination & appraisal fees on lines up to $500K[3]
  • On average, access funds within 35 days[5]
Home Equity Loans & Refinance – Cash out
Conditions:
• Home Equity Loans & Refinance – Cash out • Customized rate quote with no impact to credit • Low Rates, Quick Approvals, Wide Range of Products • Over 100 Billion Funded. 22 Years in Business
  • Home Equity Loans & Refinance – Cash out
  • Customized rate quote with no impact to credit
  • Low Rates, Quick Approvals, Wide Range of Products
  • Over 100 Billion Funded. 22 Years in Business
Get cash now in exchange for a percentage of your homes future equity.
Conditions:
Unlock isn't a lender & doesn't offer loans, so you don't need perfect credit to apply! No Additional Debt!
  • No monthly payments or interest charges
  • Minimum Credit score: 500
  • Access up to $500k
  • No need to refinance
Find what’s best for you: HELOC, Home Equity Loan, Cash Out Refi
Conditions:
Owning is a division of Guaranteed Rate, Inc, NMLS #2611 Headquarters: 3940 N Ravenswood, Chicago IL 60613. A Guaranteed Rate HELOC is secured with your home as collateral, whereas personal loans and credit cards are not. To check the rates and terms you qualify for, we will conduct a soft credit pull that will not affect your credit score. However, if you continue and submit an application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit. Approval may be granted in five minutes but is ultimately subject to verification of income and employment, as well as verification that your property is in at least average condition with a property condition report. Five business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing. Guaranteed Rate Home Equity Line is an open-end product where the full loan amount (minus lender, broker, third party, and government fees, as applicable) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw.
  • Apply in 5 minutes, get your money in as fast as 5 days.
  • Digital application experience.
  • Funds directly to your bank account.
  • No in-person appraisal needed.
As low as 6.52% APR on your initial draw*
Conditions:
1. APRs for initial advances range from 6.77% to 18.00% based on funded HELOCs as of September 2024. Your actual rate will depend on many factors such as your credit history, loan-to-value ratio, line amount, loan term, lien position, and property state. The lowest rates are only available to the most qualified applicants. The APR is variable, but the APR that will apply to each draw will be fixed on the date the draw is made. 2. As of October 2024, 10% of funded HELOCs achieved a closing timeline in as little as 3 days or less and a funding timeline in as little as 9 days or less. This timeline assumes consumers close with our remote online notary, provide supporting documentation promptly, and ensure the information provided is accurate and consistent with our verification process. Delays, discrepancies, and other unforeseen factors may impact the closing timeline. MBA’s 2024 Home Lending Study reports an average industry closing time of 31 days. 3. A Home Equity Line of Credit has a variable rate. The APR may change, but the APR that will apply to each draw will be fixed on the date the draw is made. Your APR will be the Prime Rate at the time of draw plus a margin fixed for the life of the HELOC. Upstart Mortgage, LLC dba Upstart Home Lending. NMLS #2443873
  • As low as 6.52% APR on your initial draw*
  • Get your money up to 10x faster than the industry standard**
  • Fixed rate on each draw **
  • No paperwork needed to apply
REFI, HELOC, & Home Equity Loan Options
Conditions:
This closed-end, fully amortizing home equity loan offers repayment terms from 15 to 30 years. The Annual Percentage Rate (APR) typically ranges from approximately 7.75% to 13.00%, depending on factors such as credit qualifications, loan-to-value ratio, property type, and market conditions. Origination fees of about 2% to 4% of the loan amount (potentially higher) may apply, and additional closing costs and fees may be required; these will be disclosed in your loan estimate. Minimum loan size of $50,000. All loan applications are subject to credit approval and formal underwriting, and product availability may vary based on property location, state restrictions, and other eligibility criteria. Rates and terms are for illustrative purposes only and are subject to change without notice; this is not a commitment to lend or an offer of credit. Homeowners insurance is required, and flood insurance may be required if the property is located in a Special Flood Hazard Area. Your home secures this loan, and you could lose your property if you fail to make payments. The maximum APR will not exceed the maximum permitted by law in your jurisdiction, and minimum and maximum loan amounts may apply. All information is provided “as is” without warranty of any kind. The lender assumes no liability for errors or omissions and reserves the right to modify or discontinue products at any time without prior notice.
  • REFI, HELOC, & Home Equity Loan Options
  • A+ BBB Rating & 1500+ 5-Star Reviews
  • Get a Quote WITHOUT a Hard Credit Pull
  • Top 3 in Customer Satisfaction by Lending Tree Q4 2024
Find what’s best for you: HELOC, Home Equity Loan, Cash Out Refi
Conditions:
A Guaranteed Rate HELOC is secured with your home as collateral, whereas personal loans and credit cards are not. To check the rates and terms you qualify for, we will conduct a soft credit pull that will not affect your credit score. However, if you continue and submit an application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit. Approval may be granted in five minutes but is ultimately subject to verification of income and employment, as well as verification that your property is in at least average condition with a property condition report. Five business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing. Guaranteed Rate Home Equity Line is an open-end product where the full loan amount (minus lender, broker, third party, and governement fees, as applicable) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw.
  • Nation's #2 retail mortgage lender in 2024.
  • Apply in 5 minutes, get your money in as fast as 5 days.
  • Digital application experience.
  • No in-person appraisal needed.
Get up to $600k with no monthly payments, ever.
Conditions:
Pointʼs Home Equity Investment (HEI) is an entirely new way to unlock your homeʼs wealth. Point partners with and invests alongside the homeowner in the property. Subject to underwriting approval, Point will pay you an upfront, lump sum amount in exchange for a portion of your home’s future appreciation. Future appreciation is based on using the risk adjusted Appreciation Starting Value and calculating any gain or loss based on the final appraised value of your home at the time of exit. Point charges up to a 3.9% processing fee (subject to a $2,000 minimum) and other third party paid closing costs such as appraisal, escrow, and government fees. The term is 30 years. Point will place a lien on your home to secure performance of the underlying agreement. There are no monthly payments or interest accrual. Homeowner’s repayment amount is based on the future value of the subject property at the time of exit, as outlined in the underlying agreement.
  • Use your funds your way
  • No income verification - ideal for self-employment or retirement planning
  • Enjoy maximum flexibility - 30 year term, no prepayment penalties
  • Home Equity Investments are not considered a loan in all states
4.990% Intro APR
8.450% After Intro PeriodIntro Period: 6 months		 8.450% Rate $0 Min. Initial Draw Amount
7.000% APR 7.000% Rate $10,000 Min. Initial Draw Amount
6.190% Intro APR
7.000% After Intro PeriodIntro Period: 12 months		 7.000% Rate $0 Min. Initial Draw Amount
7.250% APR 7.250% Rate $0 Min. Initial Draw Amount
7.500% APR 7.500% Rate $20,000 Min. Initial Draw Amount
7.250% APR 7.250% Rate $0 Min. Initial Draw Amount
5.740% Intro APR
8.600% After Intro PeriodIntro Period: 12 months		 8.600% Rate $25,000 Min. Initial Draw Amount
4.990% Intro APR
8.625% After Intro PeriodIntro Period: 6 months		 8.625% Rate $0 Min. Initial Draw Amount
7.750% APR 7.750% Rate $0 Min. Initial Draw Amount
8.250% Intro APR
8.250% After Intro PeriodIntro Period: 6 months		 8.250% Rate $0 Min. Initial Draw Amount
7.790% APR 7.790% Rate $0 Min. Initial Draw Amount
7.500% APR 7.500% Rate $0 Min. Initial Draw Amount
8.000% APR 8.000% Rate $0 Min. Initial Draw Amount
5.990% Intro APR
8.750% After Intro PeriodIntro Period: 6 months		 8.750% Rate $100,000 Min. Initial Draw Amount
5.490% Intro APR
7.625% After Intro PeriodIntro Period: 12 months		 7.625% Rate $15,000 Min. Initial Draw Amount
5.990% Intro APR
8.000% After Intro PeriodIntro Period: 6 months		 8.000% Rate $0 Min. Initial Draw Amount
6.740% Intro APR
8.000% After Intro PeriodIntro Period: 36 months		 8.000% Rate $10,000 Min. Initial Draw Amount
7.250% APR 7.250% Rate $5,000 Min. Initial Draw Amount
7.300% APR 7.300% Rate $0 Min. Initial Draw Amount
Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.

Home equity lines of credit (HELOCs) are a popular way for homeowners in Florida to access the equity they have built up in their homes. A HELOC is a revolving line of credit that is secured by the equity in your home. This means that you can borrow against the equity in your home, up to a certain limit, and then repay the loan over time. In Florida, home equity lines are subject to certain regulations that borrowers should be aware of.

One of the main regulations in Florida regarding HELOCs is the requirement for lenders to provide borrowers with a disclosure statement that outlines the terms and conditions of the loan. This statement should include information about the interest rate, fees, and any other costs associated with the loan. Borrowers should review this statement carefully before taking out a HELOC to ensure that they understand the terms of the loan.

Another regulation in Florida that affects HELOCs is the requirement for lenders to provide borrowers with a three-day right of rescission. This means that borrowers have three business days to cancel the loan without penalty. If you are considering taking out a HELOC, be sure to ask your lender about this right of rescission.

Overall, HELOCs can be a useful tool for homeowners in Florida who need to access the equity in their homes. However, it is important to be aware of the regulations and requirements that apply to these loans in Florida to ensure that you make an informed decision. Be sure to review your options carefully and speak with a trusted financial advisor before taking out a HELOC.

In addition to these regulations, Florida homeowners should also be mindful of the potential impact of fluctuating interest rates on their HELOC. Since many HELOCs have variable interest rates, the amount you owe could increase as rates rise. It's crucial to consider how this could affect your monthly payments and overall financial plan.

Furthermore, understanding the equity requirements and how much you can borrow based on the value of your home is essential, as this can vary significantly between lenders. Engaging with a lender who offers transparent terms and thorough explanations of all aspects of your HELOC can help ensure that you are making a wise financial decision that aligns with your long-term goals.


https://consumer.ftc.gov/articles/home-equity-loans-and-home-equity-lines-credit

Additional Advice

1) As with any loan secured by your home, it's crucial to carefully evaluate your ability to make consistent payments, as failing to do so could put your property at risk.

2) Floridians considering a HELOC should ensure they have a clear plan for how they intend to use the funds, whether for home improvements, debt consolidation, or other purposes, to avoid overextending themselves financially.

3) In addition to interest rates, borrowers should inquire about any annual fees, closing costs, or prepayment penalties associated with HELOCs offered by Florida lenders to fully understand the total cost of the loan.

4) Given the unique risks and requirements involved, consulting a financial advisor or real estate attorney can provide valuable guidance when exploring HELOCs as an option for tapping into your home's equity in Florida.

5) While HELOCs offer flexibility, homeowners should be mindful of the temptation to treat the line of credit as perpetual, as interest costs can accumulate, and developing a disciplined repayment strategy is advisable.

6) As property values can fluctuate, Florida residents utilizing a HELOC may want to periodically review their equity position to ensure they maintain sufficient collateral backing the line of credit.

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