Skip to main content

Home Equity Loans

Take advantage of the equity you earned.

Does your house need a facelift? With our Home Equity Loans, you can finally complete those home projects you’ve been putting off. Upgrade to new appliances, renovate old bathrooms, update your kitchen, or anything else you’ve been meaning to do. A Home Equity Loan may be an excellent way to utilize the equity in your home for a variety of reasons. With a Home Equity Loan, you’re getting peace of mind that your monthly loan payments won’t go up.

Schedule an Appointment
Reach out to our Home Mortgage Advisors | Mon. - Fri. 8 a.m. - 6 p.m. 904.371.8150

Use the equity in your home to finance things like

Education

Education

Home Improvement

Home Improvement

Medical Expenses

Medical Expenses

Major Purchases

Major Purchases


Home Equity Loan Advantages

Lower Rate

Lower Rate

Often has a lower rate than credit cards or personal loans.

 

Level Principal

Level Principal

Level principal and interest payments for the full term of the loan.

 

Market Conditions

Market Conditions

No risk that changing market conditions will increase your monthly payments

Loan Balance

Loan Balance

The loan balance will decrease more rapidly than some mortgages.

Ready to get started?

To apply for your easy online loan, all you have to do is answer a few simple questions about yourself, your property and your income, debts and assets.

Apply now for a Home Equity Loan

Still have questions? We’ve got you covered. Our Mortgage Champions are here to help you anytime, day or night. Click here to learn more about our Home Equity Loans.

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, Miller Electric Company, and Web.com. Community First will pay the closing cost associated with a home equity loans, excluding the cost of a full appraisal if required. Fixed rate equity loan terms are 10, 15 & 20 years. Home Equity Loan payment example: $50,000 borrowed for a 10 yr. term at 5.28% APR would equal a payment of $537.20 a month. Minimum loan amount is $10,000. Maximum loan amount is $200,000. Maximum loan-to-value is 90% of the property value. All home equity loans are subject to credit approval. Some other restrictions may apply.

Rev. 5.23