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Home Equity Loan

Do you want to access the equity you've built in your home? If you're in need of quick access to cash, you may want to consider a low-rate GTE home equity loan.

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 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 45 days.

No Appraisal Needed**

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) no cost to you!

Home Equity Lines of Credit***

A line of revolving credit, similar to a credit card, which allows you to access your home’s equity for things like home improvements, large purchases, or debt consolidation. Unlike a fixed Home Equity Loan, HELOCs are 2nd mortgage products that have an open-ended term structure which allows you to continue to borrow funds up to the approved limit. A loan like this is perfect if you want to take advantage of the equity in your home, but don't want to borrow all the funds at once.

  • Low rates and quick decisioning
  • 5-year draw and interest only payments
  • 15-year repayment period
  • 6-month variable adjustment rate based on loan origination
  • Potential income tax deduction of loan interest (consult your tax advisor)

Low Rates

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

To apply for a Home Equity Loan or HELOC, stop by a Community Financial Center, call (888) 871-2690 ext 40518 or click below to apply online. It only takes a few minutes to find out how much equity is available in your home!



Features & Benefits

  • 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
  • Affordable payback options
  • Great low rates


As Low As
3.637% APR*
7 Year Home Equity
As Low As
4.634% APR*
15 Year Home Equity
*APR = Annual Percentage Rate. The following rates are effective on March 22, 2021. 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. All loans are subject to approval. 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.
**Automated Valuation Model software may not be able to be used for every loan, and in these cases, an appraisal will be required. 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. Sample payment reflected does not include taxes or property insurance, payment obligation may be greater. 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.
***$100 annual minimum usage fee applies if a balance of either $10,000 or 50% of the limit (whichever is less) is not maintained.