There's No Place Like Home

Let us make life a little easier during the mortgage process.

Whether you're in the market for your first place, a bigger place to raise your growing family, or a peaceful home to fit your retirement plans, Florida Credit Union has you covered with financing options.

family in front of house

Why Choose FCU for Mortgage Loans

As a full-service mortgage lender, Florida Credit Union caters to first-time homebuyers, current homeowners, and investors.

  • Quick, convenient, customized home loans based on your needs
  • All aspects of the loan process and decision are handled locally
  • Fast local pre-approval decisions, online or by phone
  • Assistance navigating the home buying process
  • No waiting period required for bankruptcies, foreclosures, deed-in-lieu or short sales on portfolio loans
couple walking by house

FCU Mortgage Loan Features

  • Up to $5,000 lender credit toward closing costs on portfolio loans
  • Competitive rates
  • No down payment required on some loans
  • No mortgage insurance on some loans
  • No intangible taxes or prepayment penalty clauses on conventional loans
  • Jumbo loans available

Home Loan Options

FCU’s mortgage team will help you find a mortgage option that best suits you with the term you need and the monthly payment you can afford.

Fixed-Rate Mortgage¹

A fixed interest rate means your principal and interest payment remain the same for the life of the mortgage. The most common terms are 30-year, 20-year or 15-year fixed rate mortgages.

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Adjustable-Rate Mortgage (ARM)²

ARMs feature rates that will adjust periodically based on market conditions; however, the initial rate is typically lower than a fixed option. It's a good option if you plan to sell or refinance your house before the rate goes up.

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FHA/USDA/VA - Backed Mortgages

Government-backed loans help make homeownership more affordable for many, including first-time home buyers, with lower down payment requirements and low or no closing costs.

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Construction and Land Loans

One Loan, from construction through final permanent mortgage. FCU offers new construction loans to make your vision for a custom home a reality. FCU can help you finance the land as well.

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Other Mortgage Loans

Florida Credit Union offers condo loans, manufactured homes with land loans and customized combo loans that mix mortgages and home equity loan options.

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Refinancing a Home

Florida Credit Union can help you refinance your mortgage to get a lower monthly payment, lower rate or both! We also offer cash-out refinancing options.

Home improvement with home equity loan

Use Your Home Equity

The key to financing large expenses, such as home improvement projects, could be in your home's equity. Home Equity loans or lines are also used for debt consolidation.

pre-approval letter

Why Should I Get Pre-Approved?

A pre-approval letter is a document that you can show sellers to demonstrate intent to purchase a home. Your pre-approval is based on factors such as credit history, household income, assets, debts, employment history and other financial information.

  • Learn how much you can confidently offer when you find the right home 
  • Show your real estate agent and potential sellers that you're a serious buyer
  • Complete the mortgage process more quickly once you find a home
  • Pre-approval is good for 30 days. An extension can be requested

Mortgage Application Process


Before you start looking for a new home, discuss the features and benefits of the different programs you may be considering, then choose which is best for you.


Collaborate with your MLO and realtor to ensure the property type you’re interested in fits the specific program’s guidelines. Also discuss the impact of fees, taxes and insurance to the budget and pre-approval.


Once you’ve found your new home and the contract is signed, there are items within the contract that need to be completed for closing, including placing your formal application, signing your preliminary disclosures and more.


Finally, you’ll finish the formal process of completing your contract. After you sign the loan documents, and the ownership is transferred, you’ll get the keys!

First time home buyers looking for mortgage

Help For First-Time Home Buyer

A first home is the single most exciting purchase many people make in their lifetime. It can also be a wise personal and financial decision. If you are considering homeownership, it’s never too early to start planning. Though the process can feel overwhelming at times, it’s really nothing more than a series of practical steps. With our Road to Home Ownership Guide, we're taking every step with you.

Get Started Today

Start your Pre-approval

Complete an application online to get started

Apply for a Mortgage
Call 352-264-2649

Get connected with one of our mortgage experts

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Mortgage Team

Our Mortgage Loan Originators are ready to help you

Meet Your Mortgage Team

Mortgage Calculators

Mortgage FAQs

There are many convenient and safe options for you to make a payment on your FCU loan. View your available payment options here.
A great rule of thumb to use is 2.5 times your annual household income. If your income is $75,000 annually then a good starting point is $187,500.

FCU doesn’t require documents upfront from borrowers in order to issue a preapproval letter.  A completed mortgage application is needed in order for one of our loan officers to get you preapproved for a mortgage.

After you are preapproved, then the items on this checklist will be needed in order to proceed with the mortgage. These documents can be uploaded to our secured portal.

Mortgage points, also known as discount points, are fees a homebuyer pays directly to the lender in exchange for a reduced interest rate. One point is 1% of the mortgage loan amount. It’s important to consider how long you’ll own the home and the time it will take to recoup the cost of buying points. Let our MLO help you decide if paying points is a good option for you.
An appraisal is needed on most loans. However, there are some FNMA (conventional) loans that may qualify for an appraisal waiver. This will be determined once we have an application with a known address.
Either way is fine. If you already have a home in mind feel free to apply. The quickest way to find a home however is to make sure to get pre-approved for the loan first. This will empower you, so that you know what price range to look for. Also, you will know beforehand your potential mortgage payments. A pre-approved letter shows the seller and the realtor that you are a qualified buyer. Realtors will be more inclined to show you homes, and even offer you first preference if there are multiple offers, especially if the other buyers aren’t pre-approved.
When you make your mortgage payment, a monthly portion of it goes towards your taxes and insurance, establishing an escrow account. Escrow accounts are beneficial in that you're able to pay taxes and insurance on a monthly basis instead of a large lump sum payment annually.

If you have any specific questions about your escrow account, please email
You can submit proof of insurance by emailing the document to


Home Mortgage Disclosure Act Notice

The HMDA data about our residential mortgage lending is available online for review. The data shows geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. This data is available online at the Consumer Financial Protection Bureau’s Website ( HMDA data for many other financial institutions is also available at this Website.

Subject to credit approval. Monthly payment example for a 30-year fixed interest with no points and an estimates $4,000 closing cost: The payment on a $100,000 loan would be $606.92 per month at an interest rate of 6.75% and a 7.138% APR with a 360 month term.

1. Fixed-Rate First Mortgage- Terms are 10, 15, 20 and 30 years. Maximum loan amount is $766,550. Credit approval and other restrictions apply.

2. Adjustable Rate Mortgage (ARM) loan terms are 15, 20, and 30 years amortization. ARM rates are subject to change during term of loan. Maximum amount for conventional loan is $1,533,100. Jumbo loans-call for details.

The calculators found on this page are for information purposes only. While the results of the calculators may be generally accurate, the results do not reflect any specific credit union accounts, loans or other products or services and may not exactly match the calculation methods used by the credit union (or any third party) for accounts, loans or other products or services. These calculators should be used only for general informational purposes and should not be relied on for any specific transaction.