Suncoast Community Heroes 7/1 Adjustable Rate Mortgage (ARM)

Our Heroes Loan program is ideal to help everyday heroes achieve their home ownership dreams and benefit from low fixed rate and adjustable rate mortgage options.

Join to ApplyMembers: Apply Now

Special Mortgage and Refinance Options for Everyday Heroes

Mortgage and Refinance Options to Meet Your Needs

Who Qualifies?

  • All full-time public and private school employees (K-12, Post-secondary)^
  • Active military, National Guard and reservists
  • Spouses of military members who lost their lives during active service
  • Veterans
  • Physicians, nurses, paramedics and EMTs
  • All public law enforcement employees
  • All fire department employees


qualify-community-hero-7-1-mortgage

Everyday Heroes 7/1 Adjustable Rate Mortgage FAQ

Other Members Also Liked

View other related Suncoast products and services.

Product

Second Home/Vacation Home Mortgages

Make your vacation home dreams a reality. Suncoast’s mortgage solutions offer low rates, low closing costs and the personalized services you need to easily finance your dream second home.

A well-lit home

Product

Homeowner's Insurance

Protecting a valuable asset like a home is a critical part of home ownership. That’s why selecting the right insurance provider matters. Wherever it is that you call home, Members Insurance Center, LLC located at Suncoast Credit Union can help you find the right Florida home insurance policy to fit your needs, protecting your home and personal property when the unexpected happens. 

A couple receiving a pair of keys

Product

7/1 Adjustable Rate Mortgage (ARM)

Make your home dreams a reality. Suncoast’s mortgage solutions offer low rates, low closing costs and the personalized services you need to easily finance or refinance your dream home.

See our Suite of Mortgage Services

Visit the Suncoast Mortgage Centersuite-mortgage-services-banner-2
^ The subject property must be the member’s primary residence. The member must contribute (and satisfactorily document accordingly as their own funds) a minimum of 3% towards either the down payment when receiving a gift of 2% from a qualified family member (if applicable) or closing costs, including escrows and pre-paids. 95% financing is only applicable to Single Family Homes and Townhomes. Mobile Homes and Lots are not eligible for this product. The members cannot retain ownership in any other financed residential property at time of closing. Program eligibility subject to change without notice. Additional requirements may apply for eligibility qualification. Please contact our Mortgage Call Center between the business hours of 8:00 a.m. and 5:00 p.m., Monday through Friday or Saturday from 8:00 a.m. to 1:00 p.m. at 813-621-7511 or toll-free at 800-999-5887 ext. 87008 EST for additional information.


^^ Rate Term Refinances allow a max cash back of $1,000 at closing. The Community Heroes loan product allows members to pay off the first mortgage (regardless of the company that holds the mortgage) and any SCU and outside lender trade lines up to 80% LTV. There are special seasoning requirements to payoff secondary or junior liens with proceeds of the new refinance. Secondary liens not meeting this seasoning test must be subordinated with the CLTV/HCLTV not to exceed 95%. Program eligibility subject to change without notice.