Take Advantage of Your Home Equity Today!
Get a $250 bonus at closing.* Streamlining your finances has never been easier!
Unlock Your Home’s Potential and Let Us Build Your Tomorrow!
Big needs call for proactive solutions! Utilize the equity in your house to pay for renovations or repairs, pay off high-interest loans or credit cards, and more. You can draw from your available credit with a HELOC while still making your monthly payments and being assured that you will have access to funds when needed. Or choose a fixed Home Equity loan to take a set amount of money and pay it off over a set amount of time.
Benefits of a Home Equity Loan
Now is a great opportunity to use the equity in your house to help you reach your housing goals this year. Take advantage of Tropical Financial's Home Equity Loan and HELOC special offer:
No Closing Costs **
Cashback of $250 for Any Home Equity Loans*
No Prepayment Penalties
Monthly Payments Won’t Change and Are for a Set Period
Access to the TFCU Mortgage App
Local Staffing to Provide Education and Guidance
Benefits of a HELOC
A Home Equity Line of Credit (HELOC) gives you the freedom to fulfill your financial demands with its low-interest rates and flexible payment alternatives.
- Take money out when you need it.
- A consistent source of funding
- Continue to use the equity in your house by taking out loans and paying them back.
- Additional savings – Your HELOC interest may be tax-deductible
- Pay interest only on the amount you draw, not the total equity available in your credit line.
- No closing costs.**
How to Use Your Home Equity Loan or HELOC
Paying for life's major and unforeseen costs can be done affordably and conveniently with a Tropical Financial Home Equity loan or HELOC. Both options are excellent ways to finance all of your renovations or unexpected life happenings.
Home Improvement Projects
Debt Consolidation or Pay Off Bills
Finance Unexpected Situations
Pay for Large Purchases
Medical Expenses
Vacations
One Loan, Infinite Opportunities
Tap into your home's equity and unlock your home's full potential. Our team of expert local lenders will get to know you, help in determining how much equity you need, and guide you through the application procedure.
Disclosures
* To receive $250 bonus offer at closing the minimum loan amount or limit amount is $15,000 for a Home Equity Loan or a HELOC. Bonus $250.00 will be deposited into member's TFCU checking or savings account after loan/LOC is closed and funded.
** No closing costs for loans and lines of credit up to $250,000
All home lending products are subject to credit and property approval. Your actual rate may vary and will be determined at the time of disbursement, based on your creditworthiness, term, collateral, and loan program. Not all applicants will qualify for the lowest rate.
Rates, program terms, and conditions are subject to change without notice. Other restrictions and limitations may apply. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required as well. Property must be in Florida. Available on owner-occupied detached and attached primary and secondary residences. Not available on investment properties. Consult tax advisor for deductibility. TFCU will deposit the $1 minimum requirement to open your account. Member must reside within TFCU Field of Membership. Offer may be withdrawn at any time without notice.