Florida's best home equity line of credit (HELOC) lender is Lower. Lower's APR ranges from 8.75% to 13.5% and allows homeowners to borrow between $15,000 and $500,000. This lender requires a minimum credit score of 580, facilitating access for many borrowers.
MoneyGeek's analysis of the best HELOC lenders and rates in Florida considered several factors in addition to cost and included 16 lenders. While not exhaustive, this count captures a broad selection of available options. Local lenders such as Florida Credit Union, MIDFLORIDA Credit Union and First Florida Credit Union also provide HELOCs, but they were not part of our selection process.