- Classroom Supplies Loan
- Relocation Loan
- Professional Development Loan
- First Year Teacher Loan
- Teacher Mortgage
Classroom Supplies Loan
Educator Loans to Purchase Classroom Supplies
Keeping the classroom supply cabinet fully stocked can be expensive, especially with today’s extensive budget cutbacks. Because of this, teachers tend to spend their own money to purchase these supplies and teaching materials for their classroom. We pick up where the school district leaves off. We offer one-year educator loans up to $1,000 that we hope will help teachers afford the task of creating a teaching environment that meets their exceptional standards.
APR RATE RANGE: 1.99% – 9.99%*
TERM: 12 months
AMOUNT: up to $1,000
Relocation Loan
Educator Loans for Relocating to a New Place
This loan would greatly benefit new school district employees as they begin their careers. We created this loan to help make housing and relocation expenses more affordable. This low interest loan can be used for expenses such as moving costs, first month’s rent or security deposit, or in any other way you need to comfortably settle into a new home. New teachers will find it a great relief to get a loan for $5,000 with three years to pay it off. The Teacher Relocation Loan gives new teachers who are just starting out a great way to get settled in to their new careers.
APR RATE RANGE: 1.99% – 9.99%*
TERM: 36 months
AMOUNT: up to $5,000
Professional Development Loan
Educator Loans to Further Your Career
This is a five-year loan up to $10,000. We understand that pursuing an advanced degree or professional certificate is an expensive endeavor for school employees striving to further their educational career, so we want to help. We want to assist in your efforts to reach your educational goals and offer this loan product to help pay for tuition, books and other expenses associated with continued education.
APR RATE RANGE: 1.99% – 9.99%*
TERM: 60 months
AMOUNT: up to $10,000
First Year Teacher Loan
First Year Teacher Loans
This is a loan to help brand new, first year teachers bridge the gap between accepting a job with a district and their first paycheck.
APR RATE RANGE: 1.99% – 9.99%*
TERM: up to 6 months for $500
up to 9 months for $1000
up to 12 months for $1500
QUALIFICATIONS: Must be a first year teacher with a new teacher contract and completed direct deposit form.
Teacher Mortgage
Teacher Mortgage
If you are a teacher looking to buy a home, you are in luck. With a Gulf Coast Educators FCU Teacher Mortgage, you can finance your new home up to 100%, with no down payment or PMI required. In addition, you can also refinance your current mortgage to a Teacher Mortgage. To see if this is the right fit for you, check out all of the qualifications below.
- Must be a current teacher or administrator with at least two years of teaching experience in a public school district
- 680 or higher credit score
- 45% Debt-to Income limit
- $300K maximum loan amount
- $0 down payment required
- Member can use seller credit to cover closing costs
- No Private Mortgage Insurance
Our Teacher Mortgage Loan Experts Can Help With Any Questions
Our Teacher Mortgage Loan Experts are here to help you every step of the way. If you have any questions, please do not hesitate to reach out to them. When you are ready to apply for your home loan, click any of the Apply buttons below.
![]() Bre Rife |
![]() Jeannette La Rue |
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