Rates effective as of May 1st, 2024
*Home equity rates are based on a fixed term
6.74%*
6.74% APR**
Loan Example: $75,000 at 6.74% APR with 60 monthly payments of approximately $1,475.91
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Note: There are no escrow accounts available for fixed rate first lien home equity loans, those fees for taxes and insurance would need to be paid in addition to the fixed home equity payment. First lien Home Equity loan only. Other rates available for second lien loans.
Loan Example: $75,000 at 6.74% APR with 60 monthly payments of approximately $1,475.91
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Note: There are no escrow accounts available for fixed rate first lien home equity loans, those fees for taxes and insurance would need to be paid in addition to the fixed home equity payment. First lien Home Equity loan only. Other rates available for second lien loans.
6.99%*
6.99% APR**
Loan Example: $75,000 at 6.99% APR with 120 monthly payments of approximately $870.43
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Note: There are no escrow accounts available for fixed rate first lien home equity loans, those fees for taxes and insurance would need to be paid in addition to the fixed home equity payment. First lien Home Equity loan only. Other rates available for second lien loans.
Loan Example: $75,000 at 6.99% APR with 120 monthly payments of approximately $870.43
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Note: There are no escrow accounts available for fixed rate first lien home equity loans, those fees for taxes and insurance would need to be paid in addition to the fixed home equity payment. First lien Home Equity loan only. Other rates available for second lien loans.
8.24%*
8.24% APR**
Loan Example: $75,000 at 8.24% APR with 180 monthly payments of approximately $727.17
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Loan Example: $75,000 at 8.24% APR with 180 monthly payments of approximately $727.17
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
8.99%*
8.99% APR**
Loan Example: $75,000 at 8.99% APR with 240 monthly payments of approximately $674.31
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Loan Example: $75,000 at 8.99% APR with 240 monthly payments of approximately $674.31
Eligibility for the lowest advertised rate is based on creditworthiness, collateral, ability to repay, credit score and terms. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. Other restrictions may apply. Rates and Offers are subject to change without notice.
Disclosures
*APR = Annual Percentage Rate. 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 credit worthiness, 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
The actual interest rate offered may differ based on the available equity in your home, the amount of your loan, your credit history, and product chosen.
Minimum loan amount: $15,000
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 membership account.
Third party link disclaimer - linked websites are not under the control of Tropical Financial Credit Union and we are not responsible for the contents of any linked site or any link contained within a linked site. The privacy or security policies at a linked site may be different from those practiced at Tropical Financial Credit Union and you should review the privacy policy of any linked site.
