- 10, 15, 20, 30 and 40 year products are available for properties located in the state of Florida only.
- Maximum loan amount is $417,000.
- Maximum Loan-to-Value (LTV):
Purchases: Up to 95% with PMI or up to 80% without PMI. *Subject to qualification.
Refinances: 80% on cash out refinances or 90% with PMI for no cash out Note: Payoff of 2nd mortgage not used to purchase home is considered cash out.
Second /Vacation Home: 70% max
Condominium's: 75% on Primary residences and 70% on Second /Vacation Home.
- Not available for construction loans or Sponsorships.
- Escrow for property taxes and hazard insurance are required. This means your monthly payment may increase based on changes to your annual property tax and hazard insurance amounts.
We may sell your Fixed Rate Mortgage to the secondary market; however, we retain the servicing of your loan, which mean all payments and inquiries regarding your mortgage loan will be handled by Suncoast staff.
Normal underwriting guidelines apply. Terms or conditions may change without notice.