Mortgages and Financing for Your Home

From buying a new home to refinancing an existing property, Suncoast's suite of services is designed to meet all of your home financing needs.

Select a Service:

  • Lock in your rate while you shop for a home

    Mortgage Rates and Resources

    Our Suncoast Online Mortgage Center has all the information and resources you need to make buying a home easier. When you’re ready to begin the process of buying a new home, there are a few things you need to do to get started:

    Please email online.mortgage@suncoastcreditunion.com or contact the Mortgage Call Center at 800-999-5887 extension 87008 (English) or 86309 (Spanish).

    • Get preapproved. Preapproval can expedite the home-buying process and be the difference between getting the home of your dreams and watching another bidder walk away with it.
    • Lock your mortgage rate while you look for a home. Our Lock and Shop feature lets you lock your interest rate for 60 days when you get preapproved for a mortgage. If rates go up, you’ll keep the locked rate. If rates go down, you’ll get the lower rate. Available for all fixed and adjustable rate mortgages up to $1,000,000.
    • Find low rates. Get low rates and fewer fees at Suncoast. Check today's rates.
    • Consult. Receive customized, comprehensive customer service from our experienced staff of Mortgage Loan Consultants. We’re ready to help you finance your home or property.
    • Utilize our suite of insurance products. We offer homeowner’s, title, private mortgage, flood, windstorm and interior condominium insurance plans.
    • Receive loan status updates. We keep you informed throughout the entire mortgage process with automated email communications that let you know where your loan is now, what the next steps are and what to expect from your mortgage team.
    • Save on closing costs for a home equity loan. Get up to $1,000 toward closing costs when you get a home equity loan from Suncoast.**
    • On-Time Closing Guarantee.*

    Visit the Suncoast Mortgage Center

     

    Or have a Suncoast mortgage loan consultant contact you.

Explore Mortgage Rates

Choose a Product:

APR*
as low as

APR*
as low as

Annual Percentage Rate

Rate Type

Rate Type

Fixed or Variable

30 Year Fixed

APR*
as low as

7.375 %

Rate Type

Fixed

20 Year Fixed

APR*
as low as

7.250 %

Rate Type

Fixed

15 Year Fixed

APR*
as low as

7.250 %

Rate Type

Fixed

10 Year Fixed

APR*
as low as

7.000 %

Rate Type

Fixed

Suncoast Community Heroes 30 Year Fixed

APR*
as low as

7.375 %

Rate Type

Fixed

Suncoast Community Heroes 20 Year Fixed

APR*
as low as

7.250 %

Rate Type

Fixed

Suncoast Community Heroes 15 Year Fixed

APR*
as low as

7.250 %

Rate Type

Fixed

Suncoast Community Heroes 10 Year Fixed

APR*
as low as

7.000 %

Rate Type

Fixed

Jumbo 30 Year Fixed

APR*
as low as

7.500 %

Rate Type

Fixed

3/3 ARM

APR*
as low as

6.000 %

Rate Type

Variable

7/1 ARM

APR*
as low as

6.750 %

Rate Type

Variable

First Time Homebuyer 10/1 ARM

APR*
as low as

6.500 %

Rate Type

Variable

Mobile Home & Land 12 Year Fixed

APR*
as low as

8.500 %

Rate Type

Fixed

Mobile Home & Land 20 Yr 5/1 ARM

APR*
as low as

8.250 %

Rate Type

Variable

Residential Lot Loan Fixed

APR*
as low as

7.750 %

Rate Type

Fixed

Residential Lot Loan ARM

APR*
as low as

6.750 %

Rate Type

Variable

Additional Information

  • 30 Year Fixed
    • Available for Florida properties Only.
    • Requires Escrow.
    • 6 Month Rate Lock available on 30 Year Fixed.*
    • PMI required for LTVs greater than 80%.
    • Max Loan amount for one unit is $647,200.
    • Max LTV is 95% for qualified borrowers.
    • Requested program loan-to-value may be decreased upon review of property appraisal.
    • Discount points and/or interest rate may be based on selection of a lower rate, credit score, loan-to-value, cash out at time of refinance, number of units, subordination, and other program qualifications.
    * Florida primary residence only; end loans only; not available for construction financing nor to payoff construction financing. Member must provide a fully executed sales contract signed by all parties. No lock in fee required; member has the option to float down one time no later than 15 days prior to the scheduled closing date. By electing the float down option, the original lock expiration date will not change. What is an End Loan? This is NOT a construction loan; typically, a smaller custom builder will require a construction loan and a large commercial builder (Lennar, Toll Brothers, D.R. Horton, Pulte, Taylor Morrison, M/I Homes, KB Homes, GL Homes to name a few) will allow end loans. Construction loans are closed before construction begins, and end loans close when you move into your home. Beyond the earnest money deposit at the signing of the contract, the builder does not typically collect any funds from the buyer until the completion of the home.
  • 20 Year Fixed
    • Available for Florida properties Only.
    • Requires Escrow.
    • PMI required for LTVs greater than 80%.
    • Max Loan amount for one unit is $647,200.
    • Max LTV is 95% for qualified borrowers.
    • Requested program loan-to-value may be decreased upon review of property appraisal.
    • Discount points and/or interest rate may be based on selection of a lower rate, credit score, loan-to-value, cash out at time of refinance, number of units, subordination, and other program qualifications.
  • 15 Year Fixed
    • Available for Florida properties Only.
    • Requires Escrow.
    • PMI required for LTVs greater than 80%.
    • Max Loan amount for one unit is $647,200.
    • Max LTV is 95% for qualified borrowers.
    • Requested program loan-to-value may be decreased upon review of property appraisal.
    • Discount points and/or interest rate may be based on selection of a lower rate, credit score, loan-to-value, cash out at time of refinance, number of units, subordination, and other program qualifications.
  • 10 Year Fixed
    • Available for Florida properties Only.
    • Requires Escrow.
    • PMI required for LTVs greater than 80%.
    • Max Loan amount for one unit is $647,200.
    • Max LTV is 95% for qualified borrowers.
    • Requested program loan-to-value may be decreased upon review of property appraisal.
    • Discount points and/or interest rate may be based on selection of a lower rate, credit score, loan-to-value, cash out at time of refinance, number of units, subordination, and other program qualifications.
  • Suncoast Community Heroes 30 Year Fixed
    • Available for Florida properties only.
    • Requires Escrow.
    • No Private Mortgage Insurance (PMI) required.
    • Max loan amount for one unit is $550,000.
    • Must be owner occupied.
    • Max LTV is 95% for qualified borrowers.
    • Requested program loan-to-value may be decreased upon review of property appraisal. Discount points and/or interest rate may be based on selection of a lower rate, credit score, loan-to-value, cash out at time of refinance, number of units, subordination, and other program qualifications.
    To qualify for the Heroes program, member must be an ACTIVE, paid full-time employees of: Public or Private Schools (K-12 and Post-Secondary), all Fire Department employees; all Federal/State/County/Local Law Enforcement Agency employees; Emergency Medical Technicians (EMT), Paramedics, Nurses (RN, LPN, APN, NP, BSN, MSN); all military personnel (active, reservists or National Guard); Surviving spouses of qualifying military member, Federal/State/County/Local Law Enforcement Officers and Firefighters who lost their lives during active service; Veterans (excluding Veterans discharged for Bad Conduct or Dishonorable Discharge); Federal/State/County/Local Law Enforcement/Firefighters on disability or retired due to an injury that occurred while active duty; and Full or Part-time Suncoast Employees.
  • Suncoast Community Heroes 20 Year Fixed
    • Available for Florida properties only.
    • Requires Escrow.
    • No Private Mortgage Insurance (PMI) required.
    • Max loan amount for one unit is $550,000.
    • Must be owner occupied.
    • Max LTV is 95% for qualified borrowers.
    • Requested program loan-to-value may be decreased upon review of property appraisal. Discount points and/or interest rate may be based on selection of a lower rate, credit score, loan-to-value, cash out at time of refinance, number of units, subordination, and other program qualifications.
    To qualify for the Heroes program, member must be an ACTIVE, paid full-time employees of: Public or Private Schools (K-12 and Post-Secondary), all Fire Department employees; all Federal/State/County/Local Law Enforcement Agency employees; Emergency Medical Technicians (EMT), Paramedics, Nurses (RN, LPN, APN, NP, BSN, MSN); all military personnel (active, reservists or National Guard); Surviving spouses of qualifying military member, Federal/State/County/Local Law Enforcement Officers and Firefighters who lost their lives during active service; Veterans (excluding Veterans discharged for Bad Conduct or Dishonorable Discharge); Federal/State/County/Local Law Enforcement/Firefighters on disability or retired due to an injury that occurred while active duty; and Full or Part-time Suncoast Employees.
  • Suncoast Community Heroes 15 Year Fixed
    • Available for Florida properties only.
    • Requires Escrow.
    • No Private Mortgage Insurance (PMI) required.
    • Max loan amount for one unit is $550,000.
    • Must be owner occupied.
    • Max LTV is 95% for qualified borrowers.
    • Requested program loan-to-value may be decreased upon review of property appraisal. Discount points and/or interest rate may be based on selection of a lower rate, credit score, loan-to-value, cash out at time of refinance, number of units, subordination, and other program qualifications.
    To qualify for the Heroes program, member must be an ACTIVE, paid full-time employees of: Public or Private Schools (K-12 and Post-Secondary), all Fire Department employees; all Federal/State/County/Local Law Enforcement Agency employees; Emergency Medical Technicians (EMT), Paramedics, Nurses (RN, LPN, APN, NP, BSN, MSN); all military personnel (active, reservists or National Guard); Surviving spouses of qualifying military member, Federal/State/County/Local Law Enforcement Officers and Firefighters who lost their lives during active service; Veterans (excluding Veterans discharged for Bad Conduct or Dishonorable Discharge); Federal/State/County/Local Law Enforcement/Firefighters on disability or retired due to an injury that occurred while active duty; and Full or Part-time Suncoast Employees.
  • Suncoast Community Heroes 10 Year Fixed
    • Available for Florida properties only.
    • Requires Escrow.
    • No Private Mortgage Insurance (PMI) required.
    • Max loan amount for one unit is $550,000.
    • Must be owner occupied.
    • Max LTV is 95% for qualified borrowers.
    • Requested program loan-to-value may be decreased upon review of property appraisal. Discount points and/or interest rate may be based on selection of a lower rate, credit score, loan-to-value, cash out at time of refinance, number of units, subordination, and other program qualifications.
    To qualify for the Heroes program, member must be an ACTIVE, paid full-time employees of: Public or Private Schools (K-12 and Post-Secondary), all Fire Department employees; all Federal/State/County/Local Law Enforcement Agency employees; Emergency Medical Technicians (EMT), Paramedics, Nurses (RN, LPN, APN, NP, BSN, MSN); all military personnel (active, reservists or National Guard); Surviving spouses of qualifying military member, Federal/State/County/Local Law Enforcement Officers and Firefighters who lost their lives during active service; Veterans (excluding Veterans discharged for Bad Conduct or Dishonorable Discharge); Federal/State/County/Local Law Enforcement/Firefighters on disability or retired due to an injury that occurred while active duty; and Full or Part-time Suncoast Employees.
  • Jumbo 30 Year Fixed
    • Available for Florida properties only.
    • Requires Escrow.
    • PMI required for LTVs greater than 80%.
    • Max loan amount for one unit is $2 Million with minimum loan amount of $726,201.
    • Max LTV is 95% for qualified borrowers.
    • Requested program loan-to-value may be decreased upon review of property appraisal. Discount points and/or interest rate may be based on selection of a lower rate, credit score, loan-to-value, cash out at time of refinance, number of units, subordination, and other program qualifications.
    ***Jumbo loans are also available in 20, 15, and 10 year terms
  • 3/3 ARM
    • Available for properties in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia.
    • Requires Escrow.
    • PMI required for LTVs greater than 80%.
    • Max loan amount for one unit is $1 million.
    • Suncoast will pay up to $3,000* towards closing costs.
    • Max LTV is 95% for qualified borrowers.
    • Requested program loan-to-value may be decreased upon review of property appraisal. Discount points and/or interest rate may be based on selection of a lower rate, credit score, loan-to-value, cash out at time of refinance, number of units, subordination, and other program qualifications.
    * Suncoast will contribute up to $3000 towards closing costs (Closing Costs Benefit) when the 3/3 Right Time ARM product is selected for the purchase or refinance of a primary residence. All Sellers paid closing costs will be credited prior to any credits for the Closing Cost Benefit to be provided by Suncoast. If the mortgage is paid in full during the first 24 monthly payments of the loan, borrowers will be required to repay the closing costs benefit to Suncoast for the amount reflected as Lender Credits on the Closing Disclosure. The 24 monthly period begins with the first payment due date of the loan.
  • 7/1 ARM
    • Available for properties in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia.
    • Requires Escrow.
    • PMI required for LTVs greater than 80%.
    • Max loan amount for one unit is $1 million.
    • Max LTV is 95% for qualified borrowers.
    • Requested program loan-to-value may be decreased upon review of property appraisal. Discount points and/or interest rate may be based on selection of a lower rate, credit score, loan-to-value, cash out at time of refinance, number of units, subordination, and other program qualifications.
  • First Time Homebuyer 10/1 ARM
    • Available for Florida properties only.
    • Requires Escrow.
    • No Private Mortgage Insurance (PMI) required.
    • No Manufactured or Duplex property types.
    • Reduced Origination fee of $500.
    • Max loan amount of $450,000.
    • Suncoast will contribute up to $3,000* towards closing costs.
    • The interest rate will remain the same for the initial term of the loan (10 years). At the end of the initial term, rate will be subject to change annually no more than 2% each year. The lifetime cap of adjustment is 6% above initial rate. Approval subject to product guidelines for First Time Homebuyer 10/1 ARM mortgage. Must be owner occupied.
    *Suncoast will contribute up to $3000 towards closing costs (Closing Costs Benefit) when the 10-1 FTHB ARM product is selected for the purchase of a primary residence. The $3,000 Lender Paid Credit cannot be used to establish the members down payment. All Sellers paid closing costs will be credited prior to any credits for the Closing Cost Benefit to be provided by Suncoast. If the mortgage is paid in full during the first 24 monthly payments of the loan, borrowers will be required to repay the closing costs benefit to Suncoast for the amount reflected as Lender Credits on the Closing Disclosure. The 24 monthly period begins with the first payment due date of the loan.
  • Mobile Home & Land 12 Year Fixed
    • Available for Florida properties only.
    • Max LTV is 80%.
    • Requires Escrow.
    • No cash-out refinances.
    • Max loan amount $100,000.
    • Property cannot be part of a Co-Op.
    • Available for purchase or rate/term refinances only.
    • Mobile home must be on subject property, set-up and utilities must be operating prior to closing.
    • Must be owner occupied upon closing.
  • Mobile Home & Land 20 Yr 5/1 ARM
    • 12 year fixed rate or 20 year 5/1 ARM.
    • Available in Florida only and primary residence only.
    • Escrows Required
    • Available for purchases or rate/term refinances only.
    • Mobile Homes that are part of a Co-Op are not eligible.
    • No cash-out refinances.
    • Modifications are not permitted, refinance required to obtain a new product and rate.
  • Residential Lot Loan Fixed
    • 12 year fixed rate term.
    • Available in Florida only.
    • Available for purchases only.
    • Max loan amount $300,000
    • Max LTV is 70% of the appraisal value or purchase price, whichever is less.
  • Residential Lot Loan ARM
    • 12 year adjustable rate term.
    • Available in Florida only.
    • Available for purchases only.
    • Max loan amount $300,000
    • Max LTV is 70% of the appraisal value or purchase price, whichever is less.

Suncoast Lock and Shop locks your interest rate for up to 60 days on a Pre-Approval while you shop for a home to purchase. Provided Suncoast receives a fully executed sales contract and your Intent to Proceed (“Receipt Date”) within the 60 day lock period, your rate will be extended up to an additional 45 days from the Receipt Date to allow for closing. After Suncoast receives both your fully executed sales contract and Intent to Proceed, you will have one opportunity to float-down your interest rate no later than 15 days prior to your scheduled closing date. Suncoast reserves the right to cancel this offer at any time. Acceptance of this offer constitutes acceptance of these terms and conditions, which are subject to change at the sole discretion of Suncoast Credit Union. This is not a commitment to lend. Available for the purchase of primary residences located in Florida only. Not available for Mobile Home and Land loans. Membership required. All mortgage loans are subject to qualification, including, but not limited to, credit, income and asset validation.

*Please note, effective March 26th, 2020, our On-Time Closing Guarantee is being suspended. Due to the evolving and fluid circumstances surrounding the COVID-19 pandemic and its impact on the mortgage supply chain, turn-times remain uncertain. When we return to a more normal market, we will revisit the program and reinstate as appropriate. Thank you for your patience and understanding during these unprecedented times.

**Suncoast will contribute up to $1,000 (Closing Costs Benefit) toward your closing costs when you select our fixed or variable rate home equity product loan on your primary residence. Suncoast will not pay closing costs for discount points to obtain a lower rate or monies necessary to establish escrow accounts (taxes and insurance). If the loan is paid in full or the line of credit closed within 25 months of the first payment due date, Suncoast will collect the closing costs paid on your behalf in the payoff.  The 25 month term begins with the first payment due date of the loan. Not to be combined with any other offers.

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Get Pre-Approved

Get pre-approved by starting your loan application at the Suncoast Online Mortgage Center now, even if you're still looking for the perfect home.

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