Home Equity Loans & Lines of Credit
Your home is the foundation of new dreams.
Smart Borrowing For Homeowners
Unlock the financial potential of your home. Our flexible financing options empower you to leverage the equity you’ve built in your home for various financial needs.
Fixed Rate Home Equity Loan
Borrow against the equity in your home for a variety of financing needs.
Gain peace of mind with a fixed interest rate to cover a large purchase, with funds disbursed to you in one lump sum.
Home Equity Line of Credit (HELOC)
Take advantage of a revolving credit line with a variable interest rate and payment amount.
Access cash, choose your monthly payment based on the outstanding balance, and easily advance funds with convenience checks or via digital banking.
HELOC SPECIAL: Introductory 3.99% APR* Fixed through June 30, 2025
Then Regular Variable APR as low as 7.75% APR*
Pick Your Path
You have options when it comes to tapping into your home equity. Consider your options below and reach out to RadiFi today for more information and assistance.
NOTE: Home Equity Loans and Home Equity Lines of Credit (HELOCs) available for primary residences in Florida and Southern Georgia only.
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Loan Paid Off In |
% Of Closing Cost Reimbursed to RadiFi by the Borrower |
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* All rates include up to $500 credit toward closing costs. However, reimbursement is required as a percentage of the fees if the loan is paid off in less than 3 years. Closing cost fees may range from $400 to $2,000 or more based on the size of your loan. These fees are shown on the addendum to your note. Here is a list of the standard closing cost fees. Flood Certification: $16.00
Higher appraisal fees may apply on a case-by-case basis. Full appraisals are needed for loans over $100,000 and for LTVs above 90%. Title Fees:
State of Florida Documentary Stamps: .0035 times the loan amount. APR = Annual Percentage Rate. APRs listed are effective as of 09/23/24 and subject to change at any time without notice. Your rate may be higher than the stated APR. Rates are based on creditworthiness, loan-to-value, and other criteria. |
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Loan Paid Off In Less than 12 Month |
% Of Closing Cost Reimbursed to RadiFi by the Borrower 100% |
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Loan Paid Off In Less than 24 Months |
% Of Closing Cost Reimbursed to RadiFi by the Borrower 50% |
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Loan Paid Off In Less than 36 Months |
% Of Closing Cost Reimbursed to RadiFi by the Borrower 25% |
Receive a relationship discount of 0.25% off your next home equity loan!
Our thanks for being a great RadiFi Member.
Qualify for our discount by having an active checking account and $1,000+ per month in payroll direct deposit.
If you meet the established criteria for this discount, 0.25% APR* will automatically be taken off of your loan rate.
* APR=Annual Percentage Rate. Social Security direct deposits are considered Payroll Direct Deposit. Offer excludes mortgages, credit cards, personal loans, and other loans. Offer subject to change without notice.
No. In order to qualify, you must have at least $1,000 in non-transfer deposits within a 30-day period.
No. Any loan amount would qualify for the relationship pricing discount.
HAVE QUESTIONS? LET’S CHAT.
Our local team of mortgage experts are ready and able to answer your questions regarding home buying, refinancing, home equity loans and lines of credit, and more.
Disclosures
*HELOC Disclosure:
80% LTV, 20 Years: 8-year draw, 12-year repayment. Payment is amortized based on the remaining term on the loan and is recalculated after each advance and/or annual change to the index rate. For example, on a $25,000 loan, the monthly payment would be $152.
This promotional, introductory Annual Percentage Rate (APR) applies only to new loans. Rate is effective as of November 15, 2024, for loan applications submitted by January 31, 2025, and loan must be closed and funded by March, 30, 2025 to receive introductory APR. A variable rate APR will apply based upon credit score and loan-to-value after June 30, 2025. The variable rate is subject to change annually based on prime rate as published in the WSJ (Wall Street Journal). Maximum rate is 15%, minimum rate is 3.25%. Maximum annual rate increase (Annual Cap) is 3% per year.