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Home Equity Loans

Turn Your Home's Equity into Cash

Quick Close | Low Rates | No Appraisal Needed

You've built up the equity in your home over the years...why wait a month or longer to access it? With a Home Equity Loan from GTE Financial, you'll receive your money FAST so that you can get started on your project, vacation, or big purchase sooner!

A Home Equity Loan or Home Equity Line of Credit from GTE Financial is a great choice for a number of reasons.

Quick Close

We've streamlined the entire Home Equity loan process from start to finish and can go from application to funding in less than 30 days.

No Appraisal Needed2

Why pay hundreds of dollars for an appraisal when you don't need to? In most cases, we can determine the value of your home in minutes by using our Automated Valuation Model (AVM) software...at no cost to you!

Low Rates

Shop around, our Home Equity rates are some of the lowest in the Tampa Bay area and beyond!

Home Equity Loan or Home Equity Line of Credit?

With a Home Equity loan, you are given the sum of your your loan all at once, while a Home Equity Line of Credit (HELOC) is a line of revolving credit with an adjustable interest rate, great for short-term borrowing or unexpected costs. HELOCs have sometimes been compared to credit cards, in that you’re given a limit and have a minimum payment owed.

To get started with your Home Equity Loan or HELOC, stop by a Community Financial Center, give us a call at (888) 871-2690 ext 40518 or apply online using the button below. It only takes a few minutes to apply and find out how much equity is available in your home!

APPLY ONLINE

FIND A LOCATION

Features & Benefits

  • Great rates

  • Affordable payback options

  • Use your home's equity to pay for larger expenses, bills, or to consolidate debt

  • A Home Equity loan allows you to pay for a large expense all at once

  • A HELOC allows you to choose when and how often to borrow funds

  • Great rates

  • Affordable payback options

Rates

As Low As
4.750% APR*
Home Equity Line of Credit | 5 Year Interest Only
As Low As
3.876% APR*
7 Year Home Equity
As Low As
4.872% APR*
15 Year Home Equity
1APR = Annual Percentage Rate. The following rates are effective on December 16, 2019. Rates are based on evaluation of credit history, loan-to-value, and loan term, so your rate may differ. Eligibility and Membership in GTE Financial required. Rates subject to change at any time. The APR is a variable rate and is based on the Prime rate as disclosed in The Wall Street Journal plus s a margin based on your credit history. The rate is subject to change. Maximum APR that can apply is 12%.  Terms & Conditions Your actual APR may differ based on your ability to repay, credit history, approved loan amount and term. Subject to final credit, collateral review and approved lien-position. The minimum approved credit line $10,000.00 and the Maximum of $100,000.00 loans subject to a Five year (5) draw period with interest only payments. Homeowners Insurance is required, Flood Insurance may be required. Credit Line together with any other mortgage(s) cannot exceed 90% of the property value on 1-4 family, owner-occupied properties. Property must be located in Florida. Non Owner-Occupied subject to different terms and conditions. Annual fee of $100.00 For Equity Lines of Credit, fee waiver applicable if the balance of the line exceeds $10,000.00 or 50% whichever is less. Your actual APR may vary based on your actual loan amount. Please visit the Loan Consultant for additional information about our rates and fees. Rates are subject to change without notice. Your actual rate and/or points may be different, as many factors are evaluated for a loan approval. 2 Automated Valuation Model software may not be able to be used for every loan, and in these cases, an appraisal will be required. 3 An example APR for a 5 Year Home Equity Loan is 5.50%. An example monthly mortgage payment is $1,830. An example monthly mortgage payment is $1,001. An example APR for a 15 Year Home Equity Loan is 4.790%. An example monthly mortgage payment is $778. The example quotes are based on a property value of $200,000 and a loan amount of $100,000 for 1st mortgage options and a $10,000 2nd mortgage. The Annual Percentage Rates (APR) stated is an estimate and is intended for informational use only. Your actual APR may vary based on your actual loan amount and current rates. Please visit the Loan Consultant for additional information about our rates and fees. Rates are subject to change without notice. Your actual rate and/or points may be different, as many factors are evaluated for a loan approval.