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Last Updated: 04/18/2025

Members First CU Florida Home Equity Refinance

in Home Equity Loans from Members First Credit Union of Florida

Last Updated: 04/18/2025

Members First CU Florida Home Equity Refinance logo
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Highlights

Credit Score Range

600 - 850

Amount Range

N/A

Maximum LTV

N/A

Loan Term (Years)

60

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Members First CU Florida Home Equity Refinance Review

Members First CU Florida Home Equity 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 Home Equity Refinance are available in 1 state.

Key Takeaways

  • Only primary residences considered. Members First CU Florida Home Equity 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.
  • Fair credit accepted. Borrowers with a credit score as low as 600 may qualify for Members First CU Florida Home Equity Refinance.
  • Long loan terms. Members First CU Florida Home Equity Refinance offers mortgage terms of up to 60 years. Most mortgage refinancing loans have a maximum term of 30 years.

Members First CU Florida Home Equity Refinance Pros & Cons

Members First CU Florida Home Equity 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.

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

Members First CU Florida Home Equity Refinance may charge a loan origination fee

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

Lenders often have restrictions on the type of properties they will accept as security for a home equity loan. Members First CU Florida Home Equity 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.

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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