First-Time Homebuyer Loans
Enjoy no down payment and no PMI on your first home!

First-Time Homebuyer Loan

Buying your first home is a milestone to celebrate. We've helped thousands of homebuyers achieve their homeownership goals, and we're ready to help you to reach yours, too. Reach out to our Home Mortgage Advisors Monday through Friday from 8 AM to 6 PM at 904.574.5885.

Why choose Community First for your mortgage

Icon laptop with checkmarks
Easy online application
Applying for a mortgage with us is easy: It only takes 10 minutes, and you can do it from your phone.
Icon Coins with a dollar symbol with a line through it
No down payment
Our First-time Homebuyer Loan offers up to 100% financing* for eligible borrowers.
Icon call center person with headset
Call our Home Mortgage Advisors
Call 904.574.5885 our team of experts anytime Mon - Fri from 8 AM - 6 PM.
Icon stacks of coins with arrow pointing downwards
Fewer fees
With a Community First mortgage, you can save more with no origination, application, or credit report fees.

Calculator | Mortgage Monthly Payment

CLICK HERE to see how much house you can afford.


Am I eligible for membership at Community First Credit Union?

Community First Credit Union membership is open to anyone who lives, works, or attends school in one of the following Florida counties: Baker, Brevard, Broward, Clay, Duval, Flagler, Indian River, Lake, Martin, Nassau, Orange, Palm Beach, Putnam, Seminole, St. Johns, St. Lucie, or Volusia.

Membership is also open to any relative of an existing or eligible Community First Credit Union of Florida member. We also offer membership to select employer groups, including employees of Brooks Rehabilitation, Miller Electric Company, and Web.com. Not sure if you qualify? Contact us.

Does Community First charge origination, application, or credit report fees?

No, unlike banks, Community First Credit Union will never charge an origination, application, or credit report fee.


What do I need to apply for a mortgage?

When applying for a mortgage with Community First Credit Union, it is helpful to have the following information on hand:

  • Your Social Security Number
  • Valid United States Driver's License, Permanent Resident Card, or United States Passport
  • Your annual income

It's also helpful to begin gathering the following documents:

  • W-2 forms from the previous two years, if you collect a paycheck
  • Profit and loss statements or 1099 forms, if you own a business
  • Recent paycheck stubs
  • Your two most recent tax returns
  • A complete list of your debts, including credit cards, student loans, car loans, and child support payments, along with minimum monthly payments and balances
  • Lists of your assets, including bank statements, mutual fund statements, real estate and automobile titles, brokerage statements, and records of other investments or assets

Other documents may be required depending on the type of loan you're applying for and your financial situation. While the paperwork needed may seem daunting, you'll have a dedicated Home Mortgage Advisor who will guide you every step of the way and can identify what you need.

How quickly will my mortgage loan close?

While every Mortgage loan is different, most Community First Credit Union Mortgage loans close in 30 days or less.

How can I request a Mortgage Pay Off Statement?
There are three easy ways to request a Mortgage Pay Off Statement at Community First. Choose the one that’s best for you below:
  1. Contact our Automated Payoff System at 877-772-9633 
    • There is no fee for faxed payoff requests.
  2. Reach out to our Member Service team at 866-843-2513
  3. Log into our Online Banking or Mobile Banking app.
    Then, navigate to your mortgage account and select “Download Payoff Statements.”
1First-Time Homebuyer Loan -  Up to 100% financing of purchase price at or below $400,000. Maximum loan amount is $400,000. Closing cost is paid by the borrower. No Private Mortgage Insurance required. New members must open a share account with a minimum $5 initial deposit (share account is required for membership). Other exclusions and restrictions apply. All mortgage loans subject to credit approval.

All offers may end at any time without notice.

*Special Offer - No Down Payment and no PMI - Up to 100% financing of purchase price at or below $400,000. Maximum loan amount is $400,000. Closing costs are paid by the borrower. No Private Mortgage Insurance required. Other exclusions and restrictions apply. All mortgage loans subject to credit approval.