Please remember that First South will never call you from our main number, 901.380.7400, and ask you to provide your full Social Security Number, full credit or debit card account number, the code on the back of the card, the expiration date or other pieces of sensitive information, such as any codes or temporary passwords used to reset access to online or mobile banking. We take the safety and security of your personal information very seriously and have many procedures and safeguards in place to keep your information safe and secure. 

First South Financial Go to main content Search
Home > Mortgages > Home Equity Loans > Home Equity Line of Credit

Home Equity Line of Credit

Home Equity Lines of Credit

A wonderful option for using excess cash in your home.

Check out our latest Home Equity Line of Credit Specials!

Apply Now 

This is a variable rate loan that allows you to make draws against the equity in your home, much like using the available credit on your credit card.

A First South Financial Home Equity Line of Credit (HELOC) offers you the following benefits:

  • A great low-interest rate
  • No floor rate
  • Limits as high as $500,000
  • No points or origination costs*

A home equity line of credit is a great way to pay for:

  • Major home remodeling
  • Purchasing a vehicle
  • A dream vacation
  • Paying off higher interest debt
  • And more

Have more questions? Check out our HELOC FAQs page.

Calculate Payment


Home Equity Line of Credit Rates
Effective Date: Monday, March 4th, 2024
Loan to Value (LTV)Terms and Draw PeriodsAPR
Up to 80% LTV up to 20 years/12 year draw period Prime + 0.00%^
81% to 90% LTV up to 20 years/12 year draw period Prime + 2.00%^




Learn More


We also offer many ways to make your home equity loan payments. Learn more about our loan payment options.

^Members may be responsible for the appraisal fee which is approximately $350 or more. Home owners insurance is required. Please see First South Financial for complete details. NMLS# 410640

Equal Lending Opportunity logo

Car & Home Insurance. Get a quote.

Go to main navigation