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Make Your Wish to Be Mortgage-Free Come True

First Florida gives you the freedom to retire your biggest financial commitment earlier by offering low annual percentage rates, money toward closing costs and no application fee. You may be able to refinance your home for a shorter term with payments that are still affordable and potentially save thousands of dollars in interest over the life of the loan.

A $200,000 mortgage loan with a 7-year term and a rate of 3.00% (3.017% APR) results in a $2,642.95 principal and interest monthly payment for 84 months.**
A $200,000 mortgage loan with a 10-year term and a rate of 3.40% (3.412% APR) results in a $1,968.67 principal and interest monthly payment for 120 months.**
A $200,000 mortgage loan with a 12-year term and a rate of 3.65% (3.660% APR) results in a $1,717.59 principal and interest monthly payment for 144 months.**

Our 7, 10, and 12-year terms feature:*

  • Fixed-rate
  • 80% loan to value - single detached homes
  • 70% loan to value -  townhouses or condominiums
  • Minimal closing costs

We pay up to $500 toward your closing costs

  • Servicing retained by the credit union

Get Started Today!

*Applies to closed-end mortgage refinances only. Good only for single-family detached homes with a maximum loan to value of up to 80% of the appraised value. For townhomes or condominiums, the maximum loan to value is up to 70% of the appraised value. The property must be member occupied and a primary residence located in the state of Florida. The primary member must be the owner of record and primary borrower on the loan application. Vacation, second homes, mobile homes, manufactured homes, commercial property, rental homes, or multi-unit homes do not qualify. The minimum loan amount is $10,000. The maximum amount is $500,000. First Florida Credit Union membership is required.

**Annual Percentage Rate (APR) is based upon individualized credit history, the term of the loan, and specific characteristics of your credit application. Your APR may be greater than those shown in the examples above. Published APRs are current as of 4/21/2022 and are subject to change at any time without prior notice.

†First Florida Credit Union pays up to $500 toward closing costs. In the event the loan is paid off within 12 months of the disbursement date, borrowers are required to reimburse the credit union for all costs and fees paid on their behalf. The closing costs offer may not be combined with other First Florida Credit Union offers and can change or be withdrawn at any time without prior notice.

Credit qualifications apply, and membership is required. We’re an Equal Housing Opportunity/Lender. We do business in accordance with Federal Fair Lending Laws.