Home Equity

Your Home can Help you with all of Life’s needs…
Have you put off planning for home improvements or any other major purchases lately?

With a Home Equity Loan from Sarasota Coastal Credit Union, you can remodel that outdated kitchen, take that dream vacation, pay for schooling, consolidate debt, or do just about anything you want. Let the equity in your home be the key that unlocks the door and live your dreams today!

SCCU offers several Home Equity Loan options:

Adjustable Rate Home Equity Line-of-Credit Loan:
This may be the perfect choice for you if your borrowing needs will be staggered over a period of time, and you are not particularly concerned that your interest rate may change. The HELOC gives you the flexibility to borrow only the amount you need, when you need it.

Home Equity Fixed Rate Balloon Loan:
Think rates might go down in five years and don’t mind the possibility of a rate increase when it’s time to refinance? Perhaps you know that you will only be in your current residence for less than five years. If so, the SCCU Home Equity Fixed Rate Balloon Loan may be the best choice for you.

Fixed Rate Home Equity Loans:
Perhaps you require a large amount of money at once -- $15,000 to do some home repairs, for example. If you don’t have plans to borrow again, and are uncomfortable with the idea of an interest rate that may increase over time, a fixed rate home equity may be your best bet.

Getting your Home Equity Loan from Sarasota Coastal Credit Union is easy…
Apply online or visit any one of our convenient branch locations or call (941) 907-4000 to get the application process started on your Home Equity loan today. Our Financial Service Representatives can get you on your way to unlocking your dreams today!

To verify insurance on your real estate loan, please click here and follow the simple instructions

Apply for a Home Equity Line of Credit
Apply for a Home Equity Loan.