While recovery from Hurricane Michael continues, our Panama City location drive-through window is open daily from 9:00 AM until 3:00 PM.

Learn about our Home Equity Line of Credit


Looking to make some improvements to your home? Or, purchase a new car or truck? Perhaps pay off your college loans? Whatever you need, having a little extra money at your disposal is never a bad thing. And, there’s never been a better time to apply for a Home Equity Line of Credit with this incredibly low introductory rate of 1.99% APR for the first 6 months and no closing costs. (Current APRs from 5.00% to 8.00%.)

Make your dreams a reality

Whether it’s purchasing your dream kitchen or for general home renovations, our home equity line of credit can help you achieve your dream home today!

  • Home renovations & upgrades
  • Immediate access to funds

For more than just your home

Your home equity line of credit can be used for just about anything:

  • Vehicle purchase
  • Education and tuition
  • Travel and recreation

Contact your nearest MidSouth Bank today


After the introductory period, the rate will be variable with a maximum APR of 18%. $50 annual fee after the first year. Closing costs typically range from $750 to $2500. MidSouth will pay up to $1,000 of closing costs for new home equity lines secured by properties in Alabama and up to $2,000 for new lines secured by properties in Florida. Closing costs must be reimbursed by the borrower if a line is closed and paid off within 24 months of the opening date. $10,000 minimum initial draw requirement. Subject to credit approval. Property insurance required. NMLS #422363.