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Boca Raton, Florida homes, Boca Raton HELOC on your home equity
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Digital HELOC · Boca Raton, Florida

Boca Raton HELOC rates & home equity lines of credit

Boca Raton is one of South Florida’s most affluent markets, with a typical home value around $570,000 and countless neighborhoods well into seven figures. Values are up roughly 70% since 2019, so equity here runs deep. A Digital HELOC from On Mortgage turns your Palm Beach County home equity into a flexible line of credit you can draw from when you need it, with a fast, fully online application.

6.75% Current Boca Raton HELOC rate · September 2026
APR, personalized to your numbers*
Apply in minutes See my live Boca Raton rate →
Starting at 6.75%
Current HELOC rate · APR*
$50k–$750k
Line of credit
Up to 90%
Of your Boca Raton home’s value
100%
Online application
Current HELOC rates · updated September 2026

Boca Raton HELOC rates today

These are the current HELOC rates we’re posting for Boca Raton homeowners. Today’s home equity line of credit rates start at 6.75% APR* and are personalized to your equity, credit, and property. Checking your rate won’t affect your credit score.

Current Boca Raton HELOC rate
Starting at 6.75%
APR* · personalized to your home & credit · updated September 2026
See my live rate What sets my rate?
Boca Raton by the numbers

Why Boca Raton homeowners are sitting on real equity

Boca Raton is a high-value, high-income market where home equity runs deeper than almost anywhere in South Florida. Here is the local picture.

~$570,000

Typical Boca Raton home

The typical home is worth around $570,000, and in Boca’s country-club and coastal communities many homes run well into seven figures, deep equity to tap.

~70%

Value growth since 2019

Home values are up roughly 70% since 2019, so owners who bought before the run-up hold large equity gains.

$106k

Median household income

With a median income around $106,000, nearly double the U.S. median, Boca owners often have both the equity and cash flow for the top of the range.

Figures from U.S. Census (ACS 2024) and Zillow (2026). Home values move. Your line is based on a current appraisal of your Boca Raton home.

How much can Boca Raton homeowners borrow right now?

If you bought your Boca Raton home before the last few years of price growth, or you have simply been paying down your mortgage, you may be holding hundreds of thousands of dollars in equity that a HELOC can put to work, without touching the low rate on your first mortgage.

Here is the shape of it in plain numbers. Say your Boca Raton home is worth $700,000 and you owe $300,000. A HELOC that lets you reach up to 90% of value could open a line as large as roughly $330,000, the difference between 90% of the home’s value ($630,000) and your existing balance. You only pay interest on what you actually draw, so the full line can sit ready without costing you a dime until you use it.

Why a HELOC instead of a cash-out refinance in Boca Raton

Most Boca Raton owners who bought or refinanced a few years ago are sitting on a first mortgage in the 3% to 4% range. A cash-out refinance would replace that low rate with today’s higher one across your entire balance. A HELOC leaves your first mortgage exactly where it is and adds a separate line only on the equity you want to tap.

Where we lend

HELOCs across every Boca Raton neighborhood

We work with homeowners and investors throughout Palm Beach County.

Luxury & country club

Boca West, Boca Pointe, The Oaks, Royal Palm Yacht & Country Club, and St. Andrews, where equity runs deepest.

Coastal & established

Old Floresta, Boca Islands, Por La Mar, and the Golden Triangle, close-in neighborhoods with strong, long-held value.

Gated & 55+

Century Village Boca, Boca Grove, and Woodfield, popular with long-tenured owners and downsizers.

Own a home anywhere in Palm Beach County, or elsewhere in Florida? Start your application and we’ll show you what your equity can do.

Built for the Boca Raton market

The Boca Raton details other lenders trip over

Here is how we handle the situations that actually come up here.

Luxury & country-club communities

Boca’s gated and country-club communities hold some of South Florida’s deepest equity. A HELOC lets you access up to $750,000 of it, and with Boca’s values, many owners qualify for the top of the range.

55+ & long-tenured owners

Communities like Century Village and Boca Grove are full of owners who bought long ago and hold significant equity. A HELOC accesses it without selling or resetting a low rate.

Condos & assessments

Boca has a large condo and townhome market now facing post-Surfside reserve rules and assessments. A HELOC can cover an assessment and draw only what it costs.

Investment & second homes

Boca runs on second homes and investment property. Our Digital HELOC is available on primary, second, and investment homes in Florida.

Self-employed & executives

Tax returns don’t always tell the full income story for business owners and executives. Our Bank Statement HELOC qualifies you on bank statements instead.

Renovations on high-value homes

A HELOC funds a renovation, pool, or addition on a high-value Boca home while keeping your low first-mortgage rate intact.

Keep your low first-mortgage rate

If you locked a first mortgage in the 3s or low 4s, protecting it matters. A HELOC sits alongside your existing loan instead of replacing it, so you tap equity without resetting your whole mortgage at today’s rates.

  • Your first mortgage and its rate stay untouched
  • Borrow only what you draw, when you draw it
  • Reuse the line as you pay it back down
  • Access up to 90% of your Boca Raton home’s value
Apply now How it works
HELOC vs. cash-out refinance
Digital HELOC
Keeps your first mortgage. Adds a line only on the equity you want.
×
Cash-out refinance
Replaces your whole mortgage at today’s rate to pull cash out.
For Boca Raton owners holding a low pandemic-era rate, a HELOC is usually the cheaper way to reach your equity.

What Boca Raton homeowners use a HELOC for

Every situation is different, but the reasons Boca Raton owners tap their equity tend to rhyme:

See the Boca Raton HELOC rate you’ll actually get

No generic teaser numbers. Tell us about your Boca Raton home and finances, and we’ll show you a rate built around your equity, not somebody else’s.

Home value & equity Loan-to-value (LTV) Credit score Draw amount Property type
See my live rate Takes a few minutes · won’t affect your credit score
What are HELOC rates in Boca Raton right now? +
Our Boca Raton Digital HELOC rates start at 6.75%*, but your actual rate is personalized to your home value, loan-to-value, credit score, draw amount, and property type. Starting an application shows you the real rate on your equity, and checking won’t affect your credit score.
Are these today’s current HELOC rates? +
Yes. The starting rate shown (6.75% APR*) is the current HELOC rate we post, last updated September 2026. HELOC rates change with the market, so we keep this number current, and your personalized rate is confirmed when you start an application, with no impact to your credit score.
How much can I borrow against my Boca Raton home? +
Lines run from $50,000 up to $750,000, and you can access up to 90% of your property’s value. For example, on a $700,000 home with $300,000 owed, 90% of value is $630,000, leaving a line as large as about $330,000. Your exact amount depends on your value, existing balance, credit, and property type.
My Boca Raton home is worth well over $750,000, can I still get a HELOC? +
Yes, and with Boca’s high values many owners qualify for the top of our range. Our Digital HELOC offers lines up to $750,000, and your amount is based on your value, up to 90% loan-to-value, your existing balance, and credit.
Can I get a HELOC in a Boca country-club or 55+ community? +
Yes. Gated, country-club, and 55+ communities are core to Boca, and that doesn’t stop you from tapping your equity. We work with homes and condos across these communities.
Do you offer HELOCs on investment properties in Boca Raton? +
Yes. Our Digital HELOC is available on primary residences, second and vacation homes, and investment properties located in Florida, so you can put the equity in one property to work on another.
I’m self-employed in Boca Raton. Can I still qualify? +
Yes. Our Bank Statement HELOC lets qualified self-employed borrowers document income with bank statements instead of tax returns.
Is a HELOC better than a cash-out refinance? +
For most Boca Raton owners who already have a low first-mortgage rate, yes. A cash-out refinance replaces your entire mortgage at today’s higher rate. A HELOC leaves your first mortgage alone and adds a line only on the equity you tap, so you keep the low rate you locked in.
How fast can I get a Boca Raton HELOC? +
The application is fully online and takes just minutes to start. Our Florida team reviews files quickly and keeps you updated at every step through closing, no branch visit required.
Nearby areas

HELOC guides for nearby cities

We lend across all of Florida. If you own property nearby, these local guides may help too.

West Palm Beach HELOC Pompano Beach HELOC Coral Springs HELOC All Florida service areas →

Ready to tap your Boca Raton home equity?

Boca Raton HELOC rates starting at 6.75%*, personalized to you in minutes.

Apply now Call 954-494-7288