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We make it easy for you to find the right mortgage to meet the challenges of today's economic environment. Whether it is purchasing your first home, upgrading, downsizing or refinancing, the Gold Coast team of mortgage professionals will guide you through the process. Call 561-965-1000, press option 1 for loans, then option 1 for mortgages to speak with one of our Mortgage Loan Officers today to learn why you should Come to the Coast for Mortgages!
Home Loan Types
Conventional Mortgage
To better serve our members, Gold Coast has expanded our loan product suite to include first mortgages. For more information, please call 561-965-1000, press option 1 for loans, then option 1 for mortgages to speak with one of our Mortgage Loan Officers.
- Fixed rates
- Terms to 30 years
- Conventional, FHA & VA loans
- 30-day to 45-day closings, in most cases
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Zero % Down/No PMI Mortgage Program
Purchase your home with no down payment. Call 561-965-1000, press option 1 for loans, then option 1 for mortgages to speak with one of our Mortgage Loan Officers.
- 100% financing – NO down payment required – NO PMI:
- 30-year fixed-rate First Mortgage Loan for 80% of purchase price and low closing costs
- 15-year fixed-rate Home Equity Loan for 20% of purchase price
- Minimum loan amount of $100k for the purchase of a primary residence in Florida
- Fixed Rates with a rate lock for 60 days from the date of application
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5/1 Adjustable Rate Mortgage (ARM)
Our adjustable rate mortgage program will help you enjoy a monthly payment that is lower than your typical conventional mortgage. Call 561-965-1000, press option 1 for loans, then option 1 for mortgages to speak with one of our Mortgage Loan Officers.
- Offers a lower initial rate than a fixed rate mortgage
- Fixed interest rate for the initial five years, then adjusts once a year.
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Home Equity Loan
A Home Equity loan is an affordable financing option for any purpose or project. Our home equity loans are a great way to take advantage of the investment you already have in your house. Plus, the interest may be tax-deductible. Find out how your home can work for you. Call 561-965-1000, press option 1 for loans, then option 1 for mortgages to speak with one of our Mortgage Loan Officers.
Current Rates
- No closing cost*
- Minimum loan amount: $20,000.00
- Maximum loan amount: $400,000.00
- Fixed-rate loan
- Terms up to 20 years
- No prepayment penalty
*Does not include the cost of a home valuation.
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Home Equity Line of Credit
Use your home equity and get approved for a line of credit with the option to use the funds whenever you need it. Pay off your credit cards, fix up your home, or tackle an unexpected expense. Call 561-965-1000, press option 1 for loans, then option 1 for mortgages to speak with one of our Mortgage Loan Officers.
Current Rates
- Minimum loan amount: $20,000.00
- Maximum loan amount: $400,000.00
- Adjustable loan rate
- No prepayment penalty
- 10-year draw with 15-year repayment term
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Mortgage for School District employees
If you are a school district employee in Palm Beach, Saint Lucie, or Okeechobee county, you are eligible for a special mortgage program from GCFCU. Call 561-965-1000, press option 1 for loans, then option 1 for mortgages to speak with one of our Mortgage Loan Officers.
- All School District employees in Palm Beach, Saint Lucie, and Okeechobee counties are eligible
- 100% financing – NO down payment required – NO PMI:
- 30-year fixed-rate First Mortgage Loan for 80% of purchase price and low closing costs
- 15-year fixed-rate Home Equity Loan for 20% of purchase price
- Minimum loan amount of $100k for the purchase of a primary residence in Florida
- Fixed Rates with a rate lock for 60 days from the date of application
- Rate discount
- Loan fee discounted 50%
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Frequently Asked Questions:
What are some qualification requirements to be approved for a mortgage?
Do I have enough for a down payment and/or closing cost?
What is Private Mortgage Insurance (PMI)?
Interest Rate Vs. APR
Am I ready to buy a home?
begin your application here
Applicant must be the Primary Member. Credit information will be obtained on all applicants. Eligible properties are, owner occupied 1-4 family residential dwellings, within the state of Florida.
Gold Coast Federal Credit Union (NMLS#442117). By law, residential mortgage loans are to be considered without regard to ethnicity, race, sex, age, and income. The federal government collects this information by authority of the Home Mortgage Disclosure Act.
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