Enjoy the benefits of a low downpayment and our Lowest-Rate Promise with Suncoast’s 7/1 ARM! With a low initial downpayment required, you can move into your dream home sooner and keep more money in your pocket.
Your initial interest rate remains the same for 7 years — the rate adjusts annually thereafter and has an amortization term of 30 years
Requires Escrow
Max loan amount for one unit is $2 million
Max LTV is 95% for qualified borrowers
Available for purchase or refinance.
7/1 Adjustable Rate Mortgage Benefits
What is The Suncoast Lowest-Rate Promise?
When you apply for a mortgage with us, you will be eligible for the lowest interest rate available within the 30 days leading up to your expected closing date. This ensures that if rates drop, you’ll benefit from the best possible Suncoast mortgage interest rate. Rest easy knowing you’re getting the best deal... And that's our promise!
A Suncoast 7/1 ARM is available for properties in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia.
PMI is required for Loan-to-Values greater than 80%.
Pre-approval 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. Get pre-approved online or at a Suncoast location.