Refinance your mortgage

Wondering if it's time to refinance1 your home? Not only can it lower your monthly payment, but it can help you finance renovations and consolidate debt. Reach out to our Home Mortgage Advisors Mon through Fri from 8 AM to 6 PM at 904.574.5885.


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Build equity faster

When you refi and shorten your loan's term, you'll be able to build equity faster and borrow cash against it.

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Lower your payment

Pay less each month when you refi at a lower rate. You may also be able to remove mortgage insurance premiums and PMI.

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Pay less interest

You can borrow money for less when you refinance your mortgage at a lower interest rate.

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Switch to a Fixed-Rate

Refinance Adjustable-Rate Mortgage (ARM)2 to a Fixed-Rate1 for more predictable monthly payments.

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 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.”

1Conventional Fixed-Rate First Mortgage- Terms are 10, 15, 20 and 30 years. Maximum loan amount is $766,550. New members must open a share account with a minimum $5 initial deposit (share account is required for membership). Credit and other restrictions apply.

2All Adjustable-Rate Mortgage (ARM) loans have a 30 year amortization. ARM rates are subject to change during term of loan. New members must open a share account with a minimum $5 initial deposit (share account is required for membership). Jumbo Loans - call for details.

3Home Equity Line of Credit (HELOCs) – No Closing Cost. The Annual Percentage Rate (APR) is a variable rate and is based on Wall Street Journal Prime plus an applicable margin. All Home Equity Loans and Lines of Credit are secured by a lien on your home. Full appraisal, paid by applicant, may be required in certain circumstances. All rates and terms are subject to change without notice; please contact the Credit Union for current rates and terms. The cost of the appraisal can range from $575 to $800 and is the responsibility of the borrower. The min. APR is 4.00%, the max is 18%. Certain restrictions and limitations apply. Subject to credit approval. New members must open a share account with a minimum $5 initial deposit (share account is required for membership). This offer may end at any time.

Community First will pay the closing cost associated with HELOCs, excluding the cost of a full appraisal if required. Minimum loan amount is $10,000. Maximum loan amount is $250,000. Maximum loan-to-value is 90% of the property value. Minimum payments during the draw period is 1% of the outstanding balance. All Home Equity Lines of Credit are subject to credit approval. Some other restrictions may apply.

All offers may end at any time without notice