Seacoast Mortgage Solutions
Adjustable Rate Mortgage
Typically a strong option for buyers not looking to stay in the new home for many years, as the low initial rate is typically fixed for a 3,5,7 or 10 year period.
A construction loan with Seacoast Bank is used when building a new home or substantially improving an existing home. You have the option to choose either a 5/1, 7/1 or 10/1 Adjustable-Rate Mortgage or a 15 or 30 year Fixed-Rate mortgage, and one time closing saves you hundreds of dollars in closing costs.
FHA & VA Mortgage
Purchase your dream home with little or no money down. Federal programs make home financing available and affordable for many borrowers.
Insured by the government, Federal Housing Administration (FHA) loans are typically one of the easiest types of mortgage loans to qualify for because it requires less money down and you can have less-than-perfect credit.
The Veteran's Administration back VA loans. This loan allows qualified borrowers (those who have served or are presently serving in the US Military) the opportunity to purchase a home with no down payment.
Enjoy the stability of constant rates and payments with a Fixed-Rate Mortgage from Seacoast Bank, making budgeting easier and more concrete. Typical terms are 30, 20, 15 or 10 years.
A loan is considered a jumbo mortgage when the balance exceeds the comforming loan limits set by the Federal Housing Finance Agency, which is currently any loan exceeding $417,000.
The Jumbo Loan simplifies home buying by providing one loan in the amount necessary to purchase your dream home.
Have you found the perfect location for your dream home but you're not quite ready to break ground? A lot loan from Seacoast Bank may be the perfect solution for you. Loans are available up to $500,000 on up to 5 acres, and allow you the flexibility to plan how you'll start construction on your home within 3 years of closing.