Skip to content
SuperMoney logo
SuperMoney logo
Home Equity Loans
Advertiser Disclosure

Last Updated: 04/18/2025

Members First CU Florida Mortgage Refinance

in Home Equity Loans from Members First Credit Union of Florida

Last Updated: 04/18/2025

Members First CU Florida Mortgage Refinance 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 Loans

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

Starting at $30,000

Maximum LTV

N/A

Loan Term (Years)

Up to 15
Speech bubbles icon

Members First CU Florida Mortgage Refinance Review

Members First CU Florida Mortgage Refinance 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 Mortgage Refinance are available in 1 state.

Key Takeaways

  • Only primary residences considered. Members First CU Florida Mortgage Refinance does not offer financing for vacation homes or investment properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
  • No origination fees. Members First CU Florida Mortgage Refinance does not charge fees for processing your application.
  • Fair credit accepted. Borrowers with a credit score as low as 600 may qualify for Members First CU Florida Mortgage Refinance.

Members First CU Florida Mortgage Refinance Pros & Cons

Members First CU Florida Mortgage Refinance FAQ

Typically, borrowers with good credit can qualify for up to 85 percent of the value of the property less the balance on their first mortgage.
Generally, the APRs of home equity loans do not include points and financing charges, just the interest rate. However, Members First CU Florida Mortgage Refinance does not charge an origination fee.

What fees does Members First CU Florida Mortgage Refinance charge for a home equity loan?

Good news. Members First CU Florida Mortgage Refinance does not charge a mortgage origination fee.
Some lenders charge an origination fee for processing, underwriting, and funding a mortgage. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.

What types of property can you use as security for a home equity loan with Members First CU Florida Mortgage Refinance?

Lenders often have restrictions on the type of properties they will accept as security for a home equity loan. Members First CU Florida Mortgage Refinance will consider loans secured by the following property types:
  • Primary home.

Is Members First Credit Union of Florida a legit company?

Members First Credit Union of Florida was founded in 1954, it is a well-established company that has been in business for 72 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

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.

Contact

Headquarters

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

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