Mortgage Products

More Americans now own their homes than ever before. It's no wonder. Owning a home provides a sense of pride, security, and builds a lifetime of memories

floridacentral Credit Union features a full-service Mortgage Team with the ability to handle your first mortgage, second mortgage, home improvement, and refinancing needs. In addition to great low rates, many of our home programs feature no or low closings cost. We've listed the highlights of the programs we offer below, and we encourage you to call us at (813) 879-3333 or (800) 528-3330, ext. 6247  contact us or visit your local branch for all of your mortgage needs.

First Mortgage

Are you thinking about purchasing a home? The best place to start is floridacentral, where our home loan experts can calculate how much mortgage you can afford at today's low rates. And we may be able to prequalify you for a mortgage so you can start house hunting right away.

Refinancing

The general rule of thumb is that refinancing makes sense if your current interest rate is at least one to two percentage points higher than the current market rate. As with all rules, however, there are exceptions. For example, you may want to convert your adjustable rate mortgage (ARM) to a fixed rate mortgage in order to have the certainty of knowing exactly what your payment will be. On the other hand, you may want to convert the ARM you currently have for one with a lower interest rate or more favorable rate cap. Apply today to find out if refinancing is worth your while. Our experienced Mortgage Team will help you run the numbers to determine if it's a smart move for you.

Home Equity Loan

Are you longing to start a business, thinking of going back to school, or maybe looking to add a new room to your home? For projects large or small, consider your home a silent partner willing to provide the money you need. Our home equity loans are a great way to capitalize on the investment you already have in your house. Plus, the interest may be tax-deductible (see your tax advisor for details.) Apply today to find out how your investment can work for you.

Smartline Home Equity Line of Credit

Need cash for a vehicle? Home improvement? To pay off high-interest debt? The answer could, literally, be in your back yard in the form of equity built up in your home. With a SmartLine Home Equity Line of Credit, you can enjoy these great benefits:

• Rate as low as Prime*
• Minimum loan amount $5,000
• Convenient access through Smartline checks, Online Banking, Call24 Telephone Banking, or any branch location
• Interest may be tax deductible (Check with your tax advisor)

Another advantage of a home equity line of credit is that it is an open line of credit where you draw on the money as you need it and make payments only on what you've borrowed. Don't delay. Apply today and make the smart choice with a SmartLine Home Equity Line of Credit.