HELOC
Your home's equity can work for you.
If you have built equity in your Florida home, a HELOC or home equity loan can fund renovations, consolidate debt, or help with investment opportunities. Austin helps you choose between a revolving HELOC and a fixed-rate home equity loan.
Explore Your OptionsHELOC
Home Equity Line of Credit
- Revolving credit line, draw as needed
- Variable interest rate
- Draw period typically 10 years
- Repayment period typically 20 years
- Pay interest only on what you borrow
- Ideal for ongoing projects
Home Equity Loan
Fixed-Rate Lump Sum
- One-time lump-sum disbursement
- Fixed interest rate and payment
- Predictable monthly payments
- Fixed repayment term
- Good for one-time expenses
- No temptation to re-borrow
Not sure which approach fits?
Austin can help you decide between a HELOC, home equity loan, or cash-out refinance.
Schedule a Call