Home Equity Lines of Credit
A wonderful option for using excess cash in your home.
Check out our latest Home Equity Line of Credit Specials!
This is a variable rate loan that allows you to make draws against the equity in your home, much like using the available credit on your credit card.
A First South Financial Home Equity Line of Credit (HELOC) offers you the following benefits:
- A great low-interest rate
- No floor rate
- Limits as high as $500,000
- No points or origination costs*
A home equity line of credit is a great way to pay for:
- Major home remodeling
- Purchasing a vehicle
- A dream vacation
- Paying off higher interest debt
- And more
Have more questions? Check out our HELOC FAQs page.
Home Equity Line of Credit Rates
Effective Date: Friday, June 6th, 2025
| Loan to Value (LTV) | Terms and Draw Periods | APR |
|---|---|---|
| Up to 80% LTV | up to 20 years/12 year draw period | Prime + 0.00%^ |
| 81% to 90% LTV | up to 20 years/12 year draw period | Prime + 2.00%^ |
GETTING PRE-APPROVED
KNOW YOUR FINANCING OPTIONS BEFORE YOU START TO SHOP
We also offer many ways to make your home equity loan payments. Learn more about our loan payment options.
^Members may be responsible for the appraisal fee which is approximately $350 or more. Home owners insurance is required. Maximum APR is 18.00%. Please see First South Financial for complete details. NMLS# 410640
