Skip to content
SuperMoney logo
SuperMoney logo
Home Equity Lines of Credit
Advertiser Disclosure

Last Updated: 04/18/2025

Members First CU Florida HELOC

in Home Equity Lines of Credit from Members First Credit Union of Florida

Last Updated: 04/18/2025

Members First CU Florida HELOC logo
No Reviews Yet

This product has no reviews yet. Help others by sharing your thoughts.

Be the first to rate
Cast Your Vote icon

Cast Your Vote

Compare All Home Equity Lines of Credit


Filter & compare all your options in one place.

Filter & compare all your options in one place.

View All Products
Highlights icon

Highlights

Credit Score Range

600 - 850

Amount Range

$10,000 - $500,000

Maximum LTV

N/A

Minimum Draw

N/A

Loan Term (Years)

N/A

Speech bubbles icon

Members First CU Florida HELOC Review

Members First CU Florida HELOC is offered by Members First Credit Union of Florida (NMLS #490547), a credit union founded in 1954 and based in Pensacola, FL. Members First CU Florida HELOC are available in 1 state.

Key Takeaways

  • Fair credit accepted. Borrowers with a credit score as low as 600 may qualify for Members First CU Florida HELOC.
  • Only primary residences considered. Members First CU Florida HELOC does not offer financing for vacation homes or investment properties.
  • No-closing-cost mortgages available. This option allows you to include the closing costs into the new loan, so you don't pay for these expenses upfront.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

Members First CU Florida HELOC Pros & Cons

Members First CU Florida HELOC FAQ

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does Members First CU Florida HELOC charge for a HELOC?

Members First CU Florida HELOC may charge an origination fee.

What types of property can you use as security for a HELOC with Members First CU Florida HELOC?

Members First Credit Union of Florida may consider HELOCs secured by the following property types:
  • Primary residences

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Members First CU Florida HELOC logo

Message from Members First CU Florida HELOC

At Members First Credit Union of Florida, every member is a part of our family. And family should always have a place to call home. We offer a large variety of products to make the process of buying or refinancing your home go as smoothly as possible. We know that the home buying or refinancing process can be overwhelming, so leave the details to us. Our experienced mortgage team will work with you to design a plan that is quick, affordable, and best fits your needs.

A Home Equity Line of Credit (HELOC) is a revolving line of credit, much like a credit card. Borrow as much as you need at any time without exceeding your credit limit. Also, because a HELOC is a line of credit, you make payments only on the amount that you actually borrow and not the full amount available.

Contact

Headquarters

P.O. Box 12983
Pensacola, FL 32591
Visit Site

Hours of Operation

Sunday
Closed
Monday
9:00AM - 4:30PM
Tuesday
9:00AM - 4:30PM
Wednesday
9:00AM - 4:30PM
Thursday
9:00AM - 4:30PM
Friday
9:00AM - 4:30PM
Saturday
8:30AM - 12:00PM

Other Services by Members First Credit Union of Florida