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Home Equity Loans & Lines of Credit

Your home is the foundation of new dreams.

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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.

 

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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.

Explore Fixed Rate Home Equity Loans
home equity line of credit

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.

Discover Home Equity Lines of Credit

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.

  • RATE

    RATE

  • FUNDS RECEIVED

    FUNDS RECEIVED

  • PAYMENT AMOUNT

    PAYMENT AMOUNT

  • LENGTH OF LOAN

    LENGTH OF LOAN

  • LOAN TO VALUE (LTV)

    LOAN TO VALUE (LTV)

  • LOAN AMOUNTS

    LOAN AMOUNTS

Home Equity Loan

  • RATE

    Fixed

  • FUNDS RECEIVED

    Receive entire amount at one time

  • PAYMENT AMOUNT

    Payments based on 5 to 20 year payback

  • LENGTH OF LOAN

    Up to 20 years

  • LOAN TO VALUE (LTV)

    Up to 90% financing (up to 95% for home improvement)

  • LOAN AMOUNTS

    $10,000 – $250,000

Home Equity Line of Credit (HELOC)

  • RATE

    Lowest possible rate; variable with annual rate cap

  • FUNDS RECEIVED

    Receive funds as needed

  • PAYMENT AMOUNT

    Payment amount varies based on balance

  • LENGTH OF LOAN

    20 years (8-year draw period and up to 12-year payback period)

  • LOAN TO VALUE (LTV)

    Up to 90% financing

  • LOAN AMOUNTS

    Minimum draw $5,000 / $10,000 line up to $250,000

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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Up to $500 Credit for All Home Equity Products*

Loan Paid Off In

% Of Closing Cost Reimbursed to RadiFi by the Borrower

* 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
Recording of Deed: $159.25 to $200.00
Electronic Document: $60.00
Tax Service: $78.00
Appraisal Fee:

  • $65 fee for loans under $150,000 and under
  • $575 fee for loans over $150,000

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:

  • Title Search Fee: $102.50 for loans under $200,000
  • Title Policy Fee: If over $200,000, the fee varies based on the loan amount.

State of Florida Documentary Stamps: .0035 times the loan amount.

 

Loan Paid Off In

Less than 12 Month

% Of Closing Cost Reimbursed to RadiFi by the Borrower

100%

Loan Paid Off In

Less than 24 Months

% Of Closing Cost Reimbursed to RadiFi by the Borrower

50%

Loan Paid Off In

Less than 36 Months

% Of Closing Cost Reimbursed to RadiFi by the Borrower

25%

 
Second Lien Home Equity Loan 0-80% Loan to Value Ratio¹

Term (Years)

Rate

Pre-Paid Finance Charge2

APR2

P&I Payment3

1 Fixed Rate, up to 95% loan to value ratio (LTV) for home improvement. Great rates and multiple term options are available with approved credit. The example is based on a $25,000 loan balance. Displayed rate for borrowers with excellent credit. Don’t worry, other rates and terms are available. Up to $500 credit toward closing costs available.

2 Prepaid Finance Charges paid by the member. Annual Percentage Rate shows effect of pre-paid finance charges on the rate.

3Principal and Interest (P&I) together equal the payment amount.

APR = Annual Percentage Rate. APRs listed are effective as of 06/01/2025 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.

Term (Years)

5

Rate

6.25%

Pre-Paid Finance Charge2

$547.40

APR2

7.16%

P&I Payment3

$486.23

Term (Years)

10 

Rate

6.50%

Pre-Paid Finance Charge2

$553.49

APR2

6.99%

P&I Payment3

$283.87

Term (Years)

15 

Rate

6.80%

Pre-Paid Finance Charge2

$561.12

APR2

7.16%

P&I Payment3

$221.92

Term (Years)

20 

Rate

6.99%

Pre-Paid Finance Charge2

$567.73

APR2

7.24%

P&I Payment3

$193.67

 
Second Lien Home Equity Loan 81-90% Loan to Value Ratio¹

Term (Years)

Rate

Pre-Paid Finance Charge2

APR2

P&I Payment3

1 Fixed Rate, up to 95% loan to value ratio (LTV) for home improvement. Great rates and multiple term options are available with approved credit. The example is based on a $25,000 loan balance. Displayed rate for borrowers with excellent credit. Don’t worry, other rates and terms are available. Up to $500 credit toward closing costs available.

2  Prepaid Finance Charges paid by the member. Annual Percentage Rate shows effect of pre-paid finance charges on the rate.

3 Principal and Interest (P&I) together equal the payment amount.

APR = Annual Percentage Rate. APRs listed are effective as of 06/01/2025 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.

Term (Years)

5 

Rate

7.00%

Pre-Paid Finance Charge2

$556.37

APR2

7.93%

P&I Payment3

$495.03

Term (Years)

10 

Rate

7.25%

Pre-Paid Finance Charge2

$563.30

APR2

7.76%

P&I Payment3

$293.50

Term (Years)

15 

Rate

7.55%

Pre-Paid Finance Charge2

$571.87

APR2

7.92%

P&I Payment3

$232.46

Term (Years)

20 

Rate

7.63%

Pre-Paid Finance Charge2

$577.63

APR2

7.88%

P&I Payment3

$203.39

 
Second Lien Home Equity Loan 91-95% Loan to Value Ratio¹ for Home Improvement Only

Term (Years)

Rate

Pre-Paid Finance Charge2

APR2

P&I Payment3

1 Loans over $100,000 and/or loans with an LTV (Loan to Value) greater than 90% require a full appraisal. Fixed Rate, up to 95% loan to value ratio (LTV) for home improvement. Great rates and multiple term options are available with approved credit. The example is based on a $25,000 loan balance.  Up to $500 credit toward closing costs available.

2 Prepaid Finance Charges paid by the member. Annual Percentage Rate shows effect of pre-paid finance charges on the rate.

3 Principal and Interest (P&I) together equal the payment amount.

APR = Annual Percentage Rate. APRs listed are effective as of 06/01/2025 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.

Term (Years)

5 

Rate

8.25%

Pre-Paid Finance Charge2

$571.53

APR2

9.21%

P&I Payment3

$509.91

Term (Years)

10

Rate

8.50%

Pre-Paid Finance Charge2

$580.08

APR2

9.03%

P&I Payment3

$309.96

Term (Years)

15

Rate

8.80%

Pre-Paid Finance Charge2

$590.35

APR2

9.20%

P&I Payment3

$250.60

Term (Years)

20 

Rate

8.99%

Pre-Paid Finance Charge2

$599.42

APR2

9.26%

P&I Payment3

$224.77

 
First Lien Home Equity Loan 0-80% Loan to Value Ratio¹

Purpose/Limitations

Term (Years)

Rate

Pre-Paid Finance Charge2

APR2

P&I Payment3

1 When a paid-off home is on your horizon, our Fixed-Rate First Lien Home Equity Loan will get you there fast! The minimum loan amount is $50,000, Maximum amount is $250,000. Enjoy our quick turnaround, and up to $500 credit toward closing costs. Loan amounts over $100,000 require a full appraisal. The example is based on a $25,000 loan balance over 10 years.

2 Prepaid Finance Charges paid by the member and affect the Annual Percentage Rate.

3 Escrow for taxes and insurance may be needed and are not included in the principal and interest (P&I) payment amount shown above.

4 Cash-out is limited to $2,000.

APR = Annual Percentage Rate. The listed APRs are effective as of 06/01/2025 and are 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.

Purpose/Limitations

Refinance – No Cash Out4

Term (Years)

10

Rate

5.75%

Pre-Paid Finance Charge2

$543.86

APR2

6.23%

P&I Payment3

$274.42

Purpose/Limitations

Cash Out

Term (Years)

10

Rate

6.00%

Pre-Paid Finance Charge2

$547.05

APR2

6.48%

P&I Payment3

$277.55

 
Home Equity Lines of Credit (Variable Rate)¹

Loan to Value Ratio

Index Rate4

Margin

Index Plus Margin

APR2

¹ We offer a quick turnaround, up to $500 credit toward closing costs, an Annual Rate Cap2 that provides extra peace of mind, 8-year Draw Period, Low Margins over the Index Rate. Make sure to use your line of credit as inactivity fees3 apply!

  • Line Amount is $10,000 to $250,000 with a $5,000 minimum first advance. Loans over $100,000 require a full appraisal.
  • Draw period is 8 years with a 12-year repayment period. The payment is re-amortized after each advance or rate change based on the remaining months of the original 20-year term

2 Annual Percentage Rate.

3 $50 annual inactivity fee in January when prior YTD finance charges were less than $100.

4 Index: Variable rate 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. Displayed rate for borrowers with excellent credit. Other rates and terms are available. The rate and APR are the same. The actual rate is the greater of the current index rate plus the margin or the minimum rate (floor). The minimum rate is 3.25%. 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 $202.

APR = Annual Percentage Rate. APRs listed are effective as of 06/01/2025 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.

Loan to Value Ratio

0-80%

Index Rate4

7.50%

Margin

0.00%

Index Plus Margin

7.50%

APR2

7.50%

Loan to Value Ratio

81-90%

Index Rate4

7.50%

Margin

0.25%

Index Plus Margin

7.75%

APR2

7.75%

Apply Today

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.

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