First-Time Homebuyer Loan

Community First defines a first-time home buyer as someone who has not owned real estate in the last 2 years. Learn more in our first-time home buyer loan program disclosure.

Community First Credit Union membership is open to anyone who lives, works, or attends school in one of the following Florida 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 employees of Brooks Rehabilitation, Miller Electric Company, and Web.com. Not sure if you qualify? Contact us.

Not ready to apply for a mortgage just yet? Fill out our Mortgage Callback Form with any mortgage related questions you may have and one of our Home Mortgage Advisors will be in contact with you shortly. Our team is here to help you through every step of your home buying journey.

No, unlike banks, Community First Credit Union will never charge an origination, application, or credit report fee.

When applying for a mortgage with Community First Credit Union, it is helpful to have the following information on hand:

• Your Social Security Number
• Valid United States Driver's License, Permanent Resident Card, or United States Passport
• Your annual income

It's also helpful to begin gathering the following documents:

• W-2 forms from the previous two years, if you collect a paycheck
• Profit and loss statements or 1099 forms, if you own a business
• Recent paycheck stubs
• Your two most recent tax returns
• A complete list of your debts, including credit cards, student loans, car loans, and child support payments, along with minimum monthly payments and balances
• Lists of your assets, including bank statements, mutual fund statements, real estate and automobile titles, brokerage statements, and records of other investments or assets

Other documents may be required depending on the type of loan you're applying for and your financial situation. While the paperwork needed may seem daunting, you'll have a dedicated Home Mortgage Advisor who will guide you every step of the way and can identify what you need. Also see our blog outlining the requirements of buying a house in Florida.

While every Mortgage loan is different, most Community First Credit Union Mortgage loans close in 30 days or less.

1. Contact our Automated Payoff System at 877-772-9633 
   • There is no fee for faxed payoff requests.
2. Reach out to our Member Service team at 866-843-2513
3. Log into our Online Banking or Mobile Banking app.
   Then, navigate to your mortgage account and select “Download Payoff Statements.”