The Suncoast Lowest-Rate Promise

The Suncoast Lowest-Rate Promise ensures that your interest rate will be locked at the lowest rate available within the 30 days leading up to your expected closing date.

Your interest rate will float until the closing disclosure is issued. Before your closing package is finalized, the rate will be relocked at the lowest rate within the most recent 30 days of the expected closing date.

Yes, it is available for all mortgage loan types, including purchase and refinance loans.

For End Loans with an unexpired Safe Lock, the rate will be the lowest of their locked rate or the rate within the described period. For End Loans not eligible for Safe Lock or with an expired Safe Lock, the rate will be the lowest within the described period.

No, the rate will be locked automatically at the lowest available rate within the 30 days prior to the expected closing date.

Yes, if you insist, you can lock your rate earlier. However, the Lowest-Rate Promise will still apply, ensuring the lowest rate within the 30 days prior to the expected closing date.

Generally, the lowest rate within 30 days prior to the expected closing date will be honored, even if the minimum 8 calendar days prior to the closing date is waived.

Yes, the rate will be the lower of either the Lock and Shop rate provided at preapproval or the lowest within the defined period of the promotion.

The lower of the rate either at Initial Disclosure or the lowest within the defined period of the promotion will be honored.

Yes, the aggregate amount of loans to any one member shall not exceed $2,500,000, with a maximum of $500,000 for non-real estate loans.