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Home Loans Center

Are you in the market to buy a new home, refinance your existing mortgage, or use the equity in your home? At floridacentral, our robust Home Loans Center can guide you through the entire process.

(RD) Home Loans Center


Please read this important message! 

We are experiencing mortgage processing delays due to heavy mortgage loan volume as a result of historically low mortgage rates and the ongoing COVID-19 pandemic.

Purchase Applications: Members who submit an application with a fully executed contract that is signed by all parties will be contacted within 2 business days.  Purchase applications, once you provide us with your "Intent to Proceed"; are taking an average of 40 to 50 days to close. 

Refinance Applications:  Members who submit a refinance application should expect 10 to 15 days for us to review their application and the member being contacted.  Once refinances are submitted for processing, expect up to an additional 60 to 90 days before a refinance can be closed.

Loan Preapproval Applications:  Members should expect an approximate 5 to 10 day turnaround after all the necessary documents have been received.

Thank you for your patience and understanding. We appreciate your membership and your continued support of floridacentral Credit Union!


Purchasing a new home is one of the most important investments you can make. It is equally important to know you are working with a financial institution you can trust. At floridacentral, we offer a variety of mortgage options to fit your specific financial needs. Check it out:

  • Competitive rates for purchase or refinancing
  • Save on closing costs (by benefiting from our not-for-profit status)
  • Accommodating terms, designed to suit your needs
  • A wide range of financing options available:
    • Conventional mortgages
    • VA Loans
    • FHA Loans
    • Refinancing
  • Locally-based staff, attentive to your unique needs
  • Lenders with experience in the local real estate market
  • Quick approvals

Whether you are in the market to purchase or refinance your existing mortgage, floridacentral is here to help.

What is next on your ‘to do’ list? Add a pool, remodel the bathroom, pay for college tuition? Whatever your need is, a Home Equity Loan from floridacentral can help you unlock the equity in your home. There are many benefits of a Home Equity Loan, including: borrowing a specific amount, having a fixed rate and term, and easily budgeting your monthly payment.

At floridacentral, our Home Equity Loans offer:

  • Rates as low as 4.25% APR*
  • No closing costs**
  • No appraisal fee^
  • May be tax deductible. Consult your tax advisor for details.

Other great rates and terms available. Contact floridacentral for more information.

*Annual Percentage Rate is a fixed rate and is based on loan to value, term, and creditworthiness. Minimum loan amount to receive APR is $5,000. Financing for up to 15 years is available on loan amounts up to 80% of the appraised property value minus the outstanding first mortgage balance. **Not applicable to properties held in trust. Closing costs paid by floridacentral do not include prepaid interest. ^Loans over $50,000 may require an appraisal fee. No annual fee or pre-payment penalty. Other rates and terms available. Rates effective June 3, 2019.

With a Smartline Home Equity Line of Credit, you can access your home equity and get approved for a line of credit to use for whatever you need, whenever you need it. You only pay interest on what you use, and accessing funds is as easy as writing a check. Pay off your credit cards, fix up your home, or tackle an unexpected expense. 

  • Rate as low as Prime Rate
  • Loan amount based on the value of your home up to 80% (minus any outstanding balances)
  • Loans starting at $5,000
  • No annual fee or pre-payment penalty
  • May be tax deductible. Consult your tax adviser. 

Plus, you can expect to:

  • Have easy access to funds via checks, online banking, telephone banking, or in person
  • Pay interest on only what you use
  • Use it again with no need to re-apply
  • Get personalized service