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Take advantage of a 6.00%2
fixed rate for the first 18 months with a Floridacentral Home Equity Line of Credit.
Open a line of at least $25,000 with a minimum initial draw of $10,000 and use your home’s equity to help fund what comes next.
After the 18-month promotional period, any remaining balance will be subject to a variable APR based on the Wall Street Journal Prime Rate plus a margin.3
Your home’s equity can give you financial flexibility when you need it. Use your HELOC for:
Use our HELOC calculator to estimate payments based on the amount borrowed, interest rate, and repayment terms.
Whether you’re planning for tomorrow, buying a home, or making everyday financial decisions, Floridacentral offers the resources and guidance to help you move forward with confidence.
Protect what matters most with simple, affordable estate planning designed to give you and your loved ones peace of mind.
Explore today’s mortgage rates, home equity options, and resources to help you make confident home financing decisions.
Estimate payments, compare loan options, and plan for your financial goals with our easy-to-use calculators.
Browse articles, tips, and expert guidance to help you make informed financial decisions at every stage of life.
Have questions about home equity lines of credit? We’re here to help.
A HELOC typically starts with an introductory rate, then converts to a variable rate tied to the Wall Street Journal Prime Rate after the introductory period ends.
A HELOC is revolving credit you can draw from as needed, similar to a credit card. A Home Equity Loan gives you a one-time lump sum with a fixed rate and fixed payment. See our Home Equity Loans page to compare.
A HELOC is a revolving line of credit secured by your home’s equity. During the draw period, you can borrow funds up to your approved credit limit, repay what you’ve borrowed, and access available funds again as needed. After the draw period ends, you repay the remaining balance according to the terms of your HELOC.
A HELOC can be used for many purposes, including home improvements, debt consolidation, education expenses, major purchases, business expenses, and other significant financial needs.
The amount you may qualify to borrow depends on factors such as your home’s available equity, loan-to-value ratio, creditworthiness, income, and other lending requirements.
Visit our Help Center for more frequently asked questions or contact our team. We’re here to answer your questions and help you determine whether a HELOC is right for your financial needs.
1 Consult your tax advisor regarding the deductibility of interest.
2 Rates current as of October 15, 2026. Contact Floridacentral for complete details.
3 Home Equity Line of Credit: 6.00% Annual Percentage Rate (APR) is the initial discounted interest rate during the Introductory Period through 18 billing cycles. This offer, including the rates and terms, is subject to change or be discontinued at any time without notice. After the Introductory Period ends, all remaining balances will automatically convert to a variable APR based on Wall Street Journal Prime plus a margin. The variable rate is based on loan-to-value, term, and creditworthiness and can change quarterly on the first day of January, April, July, and October. As of October 15, 2026, the APR without the discounted interest rate is as low as 7.00% and as high as 9.00%. Draw period of 10 years with a repay term of 15 years. The minimum credit line is $25,000. The minimum initial draw is $10,000. Monthly payments are based on 1.50% of the outstanding balance. [Example: Loan amount of $100,000 x 1.5%= $1,500]