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Your home's equity is a powerful tool.

Borrow against your home without changing your mortgage rate
with a Home Equity Line of Credit or Home Equity Loan

Home Equity Line of Credit

8.25% > APR[1]

6-Month Fixed Introductory Rate

8.50% > APR[1]

Variable Rate Thereafter

Borrow the money you need, when you need it, up to your credit limit.

Home Equity Loan

7.000% > APR[2]

15-Year Fixed Rate First Lien

Lock in a low fixed interest rate today.
Additional rates and terms are available.

The funds you need are right here at home! Tap into your home's equity, hang onto your current mortgage rate, and keep your payments separate with a Home Equity Loan or Line of Credit from Lakeland Bank.

Reap the benefits of the equity you’ve built in your home to tackle a home renovation, pay for education expenses, consolidate debt and more - all at a rate much lower than most credit cards or personal loans.

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Eligible borrowers can receive up to a 1% rate discount.

Ask about our Home Equity Advantage Program* to see how we can help you save on your Home Equity Loan.

Home Equity Calculator

Unlock the power of your home! Use this simple calculator to estimate how much you can borrow.


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Home value

Total loan-to-value (LTV)

Current mortgage balance

Available line of credit

Compare the features and benefits of our home equity financing options to determine which is right for you.

Home Equity


Home Equity Line of Credit

Variable rate line of credit, secured by your home, with the option to borrow only what you need, when you need it, up to your credit limit

Home Equity Loan

A fixed interest rate loan, secured by your home, to finance a specific amount for a definite period of time

Accessing Your Funds

Accessing Your Funds

Simply access funds as needed through Online or Mobile Banking or HELOC checks

Accessing Your Funds

Receive your funds in one lump sum



Flexible monthly payments during the 10 year draw period; choose between interest only or principal + interest payments


Predictable fixed monthly payments of principal + interest for the life of the loan

Features & Benefits

Features & Benefits

  • Manage unexpected expenses
  • Cover recurring expenses such as home repairs, tuition or medical bills
  • Flexibility to borrow & repay funds during the draw period so your available credit is replenished
  • Functions like a credit card with the credit limit based on your home’s equity

Features & Benefits

  • Fixed interest rate & fixed monthly payments
  • Pay for larger non-recurring expenses such as major home renovations, debt consolidation or a wedding
  • Choose the term that works for you: 60, 120, 180, or 240 months
  • Functions like a mortgage with the loan amount based on your home's equity
  • Borrowers who reside in a Low or Moderate Income Census Tract in the Bank's assessment area and meet income limitations may be eligible for a rate discount with our special Home Equity Advantage Program*