Prepare & Protect Your Home
With Rates As Low As 8.50% APR1

Prepare & Protect Your Home

With Rates As Low As 8.50% APR1

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Plan Now To To Get Your Home Storm Ready

A Seacoast Bank Home Equity Line of Credit (HELOC) is a flexible line of credit borrowed against the equity in your home which can be used to update and secure your home to minimize the impact of a storm.

Workers installing a window

How to use your HELOC?

A Seacoast Bank Home Equity Line of Credit (HELOC) is an affordable and flexible way to pay for life’s big and often unexpected expenses. Whether fixing a fence or installing impact windows, a HELOC from Seacoast Bank is a great way to finance all of your renovations to ready your home for hurricane season.

  • Install Impact Windows
  • Update or Repair Your Roof
  • Install Gutters
  • Trim Trees
  • Repair Your Fence
  • Finance Unexpected Emergencies
Worker Attaching Aluminum Rain Gutter and Down Spout to Fascia of House

Benefits of a HELOC

With low interest rates and flexible payment options, a HELOC provides flexibility to meet your financial needs.

  • Withdraw funds as you need them
  • Credit Carve Out2 – Set a fixed monthly payment and reduce concerns around rising interest rates with our Credit Carve Out option
  • A dependable source of funds – Tap into your home’s equity again and again by borrowing then repaying the line of credit
  • Additional savings – Your HELOC interest may be tax-deductible
man uses chainsaw cut the tree

Seacoast Bank HELOC offers:

  • Low interest rates1 and no hidden fees
  • Low-to-no closing costs
  • Florida-based loan experts to guide you through the process
  • Convenient access to funds with Seacoast Online and Mobile Banking
  • Easy application and fast decision process
  • Multiple payment options

Get Your To-Do List Done

Apply Now for a Seacoast Bank Home Equity Line of Credit


Frequently Asked Questions

What is a HELOC and How Does It Work?

A home equity line of credit (HELOC) is a type of loan in which the collateral is the borrower’s equity in their home. You can withdraw funds as you need them, and when you do use the money, you don’t need to repay immediately. Instead, you can pay incrementally as you choose until the end of the borrowing window. The amount of money in your HELOC loan depends on your home’s equity, typically under 80% of your LTV (Loan-to-value ratio).

What is the interest rate on a HELOC?

Interest rates are often lower with a HELOC; however, they are variable, meaning they can change over time. Seacoast offers a Credit Carve Out2, which allows you to lock in a fixed rate with the flexibility of a line of credit, providing you fixed monthly payments and reducing concerns about rising interest rates.

What is the draw period?

For a home equity line of credit (HELOC), the draw period is the amount of time you have to access the funds available on your line of credit. The duration of your draw period will vary based on the terms of your HELOC.

How is a HELOC paid back?

Depending on your bank, there are often several payment options available, such as interest-only payments during your withdrawal period, or you can make payments on your principal. You will begin paying back the remaining principal plus interest at the end of the withdrawal period.

Can a HELOC be paid off early?

Yes, you can pay off a HELOC early or lower the balance by applying additional amounts toward the principal. Your HELOC is an open line of credit, meaning you can borrow up to a set amount, pay it back, and then borrow more money as needed during your draw period. After the draw period, your loan converts to a repayment schedule during which principal and interest will be due every month.