Turn Your Home's Equity Into Opportunity
With a low 4.99% APR* fixed for 5 years, now’s the time to turn your home’s equity into a powerful financial tool.
Say Goodbye to High-Interest Debt—Hello to Smart, Predictable Payments with a TFCU Home Equity Loan
Ditch 20%+ credit card rates and lock in a low 4.99% APR* Home Equity Loan from Tropical Financial. Consolidate debt, cut monthly payments, and stress less—with one predictable, monthly payment. Turning home equity into peace of mind.
Why Choose Tropical Financial for Your Florida Home Equity Needs?
At Tropical Financial, we understand the unique financial needs of Floridians. Our competitive rates, flexible terms, and personalized service make it easier to turn your Florida home into a financial resource.
Benefits of Tropical Financial Home Equity Loans and HELOC:
- Competitive Rates: Save more with rates tailored for Florida residents.
- Flexible Borrowing Options: Designed to fit your lifestyle.
- Easy Application Process: Quick and straightforward.
- Personalized Service: Dedicated loan officers to guide you.
- No Prepayment Penalties: Freedom to pay off your loan anytime.
Know The Difference Before You Borrow
What is a Home Equity Loan?
A Home Equity Loan is a loan where you borrow a lump sum of money using the equity in your home as collateral. A Home Equity Loan provides a one-time payment you repay over a fixed term with a fixed interest rate. This kind of loan is sometimes also referred to as a second mortgage.
What is a HELOC?
A Home Equity Line of Credit (HELOC) is a loan that allows you to borrow using equity in your home as collateral. A HELOC gives you access to a revolving line of credit, similar to a credit card. This means you can borrow only what you need, within a certain limit.
Home Equity Loan Rates
Rates effective as of August 1st, 2025
4.99%*
HE 1st and 2nd LIEN - 5 Year4.99% APR**
Loan Example: $75,000 at 4.99% APR with 60 monthly payments of approximately $1,415.00
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Note: There are no escrow accounts available for fixed rate first lien home equity loans, those fees for taxes and insurance would need to be paid in addition to the fixed home equity payment. First lien Home Equity loan only. Other rates available for second lien loans.
Loan Example: $75,000 at 4.99% APR with 60 monthly payments of approximately $1,415.00
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Note: There are no escrow accounts available for fixed rate first lien home equity loans, those fees for taxes and insurance would need to be paid in addition to the fixed home equity payment. First lien Home Equity loan only. Other rates available for second lien loans.
5.74%*
HE 1st Lien - 10 Year5.74% APR**
Loan Example: $75,000 at 5.74% APR with 120 monthly payments of approximately $822.90
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Note: There are no escrow accounts available for fixed rate first lien home equity loans, those fees for taxes and insurance would need to be paid in addition to the fixed home equity payment. First lien Home Equity loan only. Other rates available for second lien loans.
Loan Example: $75,000 at 5.74% APR with 120 monthly payments of approximately $822.90
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Note: There are no escrow accounts available for fixed rate first lien home equity loans, those fees for taxes and insurance would need to be paid in addition to the fixed home equity payment. First lien Home Equity loan only. Other rates available for second lien loans.
7.49%*
HE 2nd Lien - 15 Year7.49% APR**
Loan Example: $75,000 at 7.49% APR with 180 monthly payments of approximately $694.83
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Loan Example: $75,000 at 7.49% APR with 180 monthly payments of approximately $694.83
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
8.24%*
HE 2nd Lien - 20 Year8.24% APR**
Loan Example: $75,000 at 8.24% APR with 240 monthly payments of approximately $638.58
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Loan Example: $75,000 at 8.24% APR with 240 monthly payments of approximately $638.58
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Home Equity Line Of Credit Rates
Rates effective as of August 1st, 2025
6.50%*
HELOC 1st Lien (adjustable rate)6.50% APR**
At a 6.50% interest rate, the APR for this loan type is 6.50%. The payment schedule would be 1% of the outstanding balance, and the rate is adjustable based on the Prime rate index.
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Note: There are no escrow accounts available for first lien home equity lines of credit, those fees for taxes and insurance would need to be paid in addition to the home equity payment. First lien Home Equity line of credit only. Other rates available for second lien lines of credit.
At a 6.50% interest rate, the APR for this loan type is 6.50%. The payment schedule would be 1% of the outstanding balance, and the rate is adjustable based on the Prime rate index.
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Note: There are no escrow accounts available for first lien home equity lines of credit, those fees for taxes and insurance would need to be paid in addition to the home equity payment. First lien Home Equity line of credit only. Other rates available for second lien lines of credit.
6.50%*
HELOC 2nd Lien (adjustable rate)6.50% APR**
At a 6.50% interest rate, the APR for this loan type is 6.50%. The payment schedule would be 1% of the outstanding balance, and the rate is adjustable based on the Prime rate index.
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
At a 6.50% interest rate, the APR for this loan type is 6.50%. The payment schedule would be 1% of the outstanding balance, and the rate is adjustable based on the Prime rate index.
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Ready to Apply Now?
Our online application offers a hassle-free experience, letting you provide essential information from home. Enjoy fast pre-approval decisions and easily move forward with your financial goals.
Apply now to access your home's equity quickly and securely.
Disclosures
*APR = Annual Percentage Rate. All home lending products are subject to credit and property approval. Your actual rate may vary and will be determined at the time of disbursement, based on your credit worthiness, term, collateral, and loan program. Not all applicants will qualify for the lowest rate.
**Home Equity Lines of Credit: The adjustable rate APR may increase or decrease based on the highest Prime Rate published in the Money Rates column of the Wall Street Journal. First Lien standard APR can vary from Prime -1.00 to Prime +1.75, with a minimum APR of 3.75%. Second Lien standard APR can vary from Prime -1.00 to Prime +2.50 with a minimum APR of 3.75%. The actual interest rate offered may differ based on the available equity in your home, the amount of your loan, your credit history, and product chosen. Minimum loan amount: $25,000. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required as well. Available on owner-occupied detached and attached primary and secondary residences. Not available on investment properties. Consult tax advisor for deductibility. Property must be in Florida. TFCU will deposit the $1 minimum requirement to open your account. Rates, program terms and conditions are subject to change without notice. Other restrictions and limitations may apply.
Tools and calculators are provided as a courtesy to help you estimate your financial needs. The results yielded by these tools and calculators are merely estimates and they do not guarantee available credit amount, potential savings, tax benefits or the like. TFCU makes no warranty regarding the tools or calculators, nor regarding the results they produce. The estimate is not an application for credit and results do not guarantee loan approval or denial.