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Green Energy Commercial Loan

This is a 1st or 2nd mortgage loan for owner-occupied buildings only. If you have any questions or would like to apply for this loan, please call our Commercial Lending Department at 904.224.9084

  • Real-estate secured
  • Maximum financing 80% combined LTV
  • Registered contractor or certified installer is required; check payable to company based on purchase order; no cash out
  • Minimum loan amount $25,000; maximum amount based on 80% LTV
  • Fixed rate based on Wall Street Journal Prime, tern and LTV, from Prime minus .25% to Prime + 2.00%
  • Terms 36 to 120 months, depending on dollar amount

Federally Insured by NCUA. An initial deposit of $5 to be held in your Community First Share account is required for membership. Membership is open to anyone who lives, works, or attends school in one of the following counties: Baker, Brevard, Broward, Clay, Duval, Flagler, Indian River, Lake, Martin, Nassau, Orange, Palm Beach, Putnam, Seminole, St. Johns, St. Lucie, or Volusia. Membership is also open to any relative of an existing or eligible Community First Credit Union of Florida member. We also offer membership to Select Employer Groups, including all employees of Brooks Rehabilitation and *APR = Annual Percentage Rate. Credit, income, and other restrictions apply. 1Fixed-Rate Energy Loan requires a Registered Contractor. Rate depends on term. A Fixed-Rate Energy Loan Payment Example: 36 monthly payments of $29.58 per $1,000 borrowed. Payment amount does not include amounts for taxes and insurance premiums. Actual payment obligation will be greater. Other restrictions may apply. 2Energy Equity Loan requires a Registered Contractor. Rate depends on term. Community First offer pays all costs associated with origination of the loan except when a full appraisal is required. The cost of the appraisal can range from $475 to $650, and is the responsibility of the borrower. An Energy Equity Loan Payment Example: 60 payments of $17.96 per $1,000 borrowed. This payment does not include taxes and insurance. Proof of homeowner’s insurance is required and flood insurance may be required. The payment for these premiums will not be escrowed. Certain restrictions and limitations apply. Subject to credit approval. This offer may end at any time.