Home Equity Line of Credit (HELOC)

Unlock Your Home’s Potential

Use a HELOC for anything from consolidating high-interest-rate credit card debt to making home improvements.

Advantages of a First Florida HELOC:

  • Introductory APR as low as 1.99%  for 12 months*
    Afterwards Variable APR as low as 4.50%*
  • Reusable credit line
  • Terms up to 20 years with a 10 year draw period
  • Available in Florida only
  • Easy advance access with our HELOC Checking Account
  • Servicing retained by the credit union
  • No escrow account required

Property Types: Owner occupied, primary residences only.  No manufactured homes, commercial property, second homes, income-producing rental homes or multi-unit (2-4 units) homes.

To learn more about a HELOC, call (800) 766-4328 [in Jacksonville (904) 359-6800] and ask to speak with a mortgage representative. Or click on the links below:

Get up to $500 for Closing Costs†.


*APR=Annual Percentage Rate. The introductory APR will remain in effect for 12 months. Introductory APR is not based on the index and margin used for later rate adjustments. The maximum introductory APR is 6.49%. The introductory APR you receive is based on your individual credit history and Combined Loan to Value (CLTV). After the introductory period, your APR will adjust to The Wall Street Journal (WSJ) Prime Rate, plus or minus a Margin. As of December 13, 2017 the Prime Rate in the WSJ is 4.50%. The Margin ranges from -.75% to 4.50% and is based upon your individual credit history and CLTV. Your APR will never be more than 18% or the maximum permitted by law, whichever is less. However, your APR will not be less than 4.50% (the floor). All balances will accrue interest at a variable APR, which can adjust on the first day of each month- based upon the Prime Rate published in the WSJ 10 days prior to adjustment date. There is no limit on the amount by which the APR can change during any one year period. The minimum line of credit is $10,000 and the maximum is $100,000. A $10,000 minimum initial advance is required at closing. Loan and credit line are subject to credit approval, documentation, and security requirements. Closing costs are estimated to range between $350 and $1,200. Upon request, we will provide you with an itemization of the costs. Property insurance is required, including flood insurance if applicable. Applies only to owner-occupied primary residences located within the state of Florida. All terms are subject to change without prior notice.
† First Florida will pay closing costs up to $500 or 1% of the credit line, whichever is less. Good only for standard, actual closing costs. Offer does not apply to mortgage loans already financed by First Florida and is subject to change or can be withdrawn at any time without prior notice.