Make your home equity work for you with rates as low as 3% APR

You worked hard for your home, and now your home can work hard for you! Our home equity loan rates are at an all time low for a limited time only.

Home equity loans can help you take advantage of the equity in your home to help pay for any specific purpose with a fixed cost, such as:

Money

Debt
Consolidation

College hat

College
Tuition

Tools

Home
Improvements

Ambulance

Unexpected
Expenses



Even if you don’t have a mortgage with Suncoast, we can still help you with a home equity loan.

Not a member? Suncoast helps you save!
Learn more about the benefits of being a a Suncoast member.

Benefits of a Suncoast Home Equity Loan

For a limited time only, our home equity loan rates are as low as 3% APR! It’s our lowest fixed home equity loan rate in years, so it’s the perfect time to get the most out of your home equity.

Benefits include:

  • Lower interest fixed rates that last for the life of the loan
  • No annual or transaction fees
  • Suncoast will pay up to $1000 toward closing costs*

All of these benefits can help you save money and simplify your life, because your monthly loan payment amount will remain the same over the life of the loan, so there are no surprises to your budget.

We make the closing process convenient for you. And loans up to $100k don’t need a full appraisal, saving you time and money!

Choose a Product:

APR*
as low as

APR*
as low as

Annual Percentage Rate

Rate Type

Rate Type

Fixed or Variable

Max Term**

Max Term**

Home Equity 5 Years 60 mos.

APR*
as low as

3.000 %

Rate Type

Fixed

Max Term**

60 mos.

Home Equity 10 Years 120 mos.

APR*
as low as

3.500 %

Rate Type

Fixed

Max Term**

120 mos.

Home Equity 15 Years 180 mos.

APR*
as low as

4.000 %

Rate Type

Fixed

Max Term**

180 mos.

Additional Information

  • Home Equity 5 Years
    • Competitive interest rates and flexible terms.
    • Suncoast pays up to $1000.00 towards closing costs. If the loan is paid off within 25 months of the funding date, Suncoast will collect the closing costs paid on your behalf in the payoff.
    • Up to 100% loan-to-value available for qualified borrowers.
    • No Annual or Transaction Fees.
    • Interest paid on this product may be tax deductible. Consult a tax advisor regarding the deductibility of interest.
    • Fixed Rate Details: Principal and interest payments remain the same throughout the term of your loan. Additional advances limited to the first 36 months of the loan term and may not exceed the original mortgage amount.
    • Maximum LTV is 100%.
    • LTV's from 80.01% - 100% may qualify for our High LTV (Loan-To-Value) Home Equity product. Rate will be higher than standard Home Equity product.
    • Loans available on primary residences in Florida only with homestead.
    • Typical closing costs range from $230 to $994. Costs for appraisals and title insurance range from $350 to $1,900 depending on loan to value and loan amount.
  • Home Equity 10 Years
    • Competitive interest rates and flexible terms.
    • Suncoast pays up to $1000.00 towards closing costs. If the loan is paid off within 25 months of the funding date, Suncoast will collect the closing costs paid on your behalf in the payoff.
    • Up to maximum 80% loan-to-value available for qualified borrowers.
    • No Annual or Transaction Fees.
    • Interest paid on this product may be tax deductible. Consult a tax advisor regarding the deductibility of interest.
    • Fixed Rate Details: Principal and interest payments remain the same throughout the term of your loan. Additional advances limited to the first 36 months of the loan term and may not exceed the original mortgage amount.
    • Loans available on primary residences in Florida only with homestead.
    • Typical closing costs range from $230 to $994. Costs for appraisals and title insurance range from $350 to $1,900 depending on loan to value and loan amount.
  • Home Equity 15 Years
    • Competitive interest rates and flexible terms.
    • Suncoast pays up to $1000.00 towards closing costs. If the loan is paid off within 25 months of the funding date, Suncoast will collect the closing costs paid on your behalf in the payoff.
    • Up to 100% loan-to-value available for qualified borrowers.
    • No Annual or Transaction Fees.
    • Interest paid on this product may be tax deductible. Consult a tax advisor regarding the deductibility of interest.
    • Fixed Rate Details: Principal and interest payments remain the same throughout the term of your loan. Additional advances limited to the first 36 months of the loan term and may not exceed the original mortgage amount.
    • Maximum LTV is 100%.
    • LTV's from 80.01% - 100% may qualify for our High LTV (Loan-To-Value) Home Equity product. Rate will be higher than standard Home Equity product.
    • Loans available on primary residences in Florida only with homestead.
    • Typical closing costs range from $230 to $994. Costs for appraisals and title insurance range from $350 to $1,900 depending on loan to value and loan amount.

Don’t Miss Out on This Limited Time Rate

With home equity loan rates this low, you don't want to miss our lowest fixed rate in years! This is a limited time rate, so apply today.

*Credit Union membership required. Minimum deposit required for membership $5.00. All accounts and services subject to individual approval.

The Annual Percentage Rate APR* is effective as of November 2, 2020. Rate and terms may change at any time without notice. Maximum LTV is 80% for qualified borrowers. Available for Single Family, condominium and townhome/villa properties located in the state of Florida and occupied as the primary residence only. Existing Suncoast Fixed Rate Home Equity loans available for refinance with an additional advance of $5,000.00.

Fixed Rate Home Equity Terms are 5, 10, 15 years. Minimum loan amount is $10,000. Maximum loan amount is $250,000. Payment example $50,000 Loan, 3% interest rate and term of 5 years is approximately $899.52, payment examples do not include property taxes or insurance premiums, and the actual payment obligation will be greater. For first lien Home Equity Loans, property taxes may be required to be escrowed. Property value must be established. Credit Union pays up to $1000 toward closing costs. Typical closing cost range between $230 and $994. Cost for appraisals and title insurance range from $350 to $1,900 depending on the loan to value and loan amount. If the loan is paid off within 25 months of the opening date, third party closing costs will be recaptured within the final payoff.

Equal Housing Lender. Federally insured by NCUA. NMLS # 417636