Our Panama City Office is now open with regular business hours. During the aftermath of Hurricane Michael we know you are trying to get back to normalcy. Central is here to offer assistance to get you through these tough times. Find out more

Mortgage Loans

Home Sweet Loan Offers

Whether you are looking at purchasing land to build a home, buying a home, remodeling your current home, or looking to refinance your existing mortgage loan, Central offers a variety of mortgage loans that work for you. We will help you find the right home sweet loan that fits your needs, while making it simple and easy.

 

First Mortgage Refinancing

Central also offers refinancing on combined first and second mortgages. Members can borrow up to 110% of their home's appraised value. Find out more about CCUFL's First Mortgage Refinancing. Now introducing ADT through Love My Credit Union. This benefit is extended to CCUFL members.

 

Land Loan Offer

If you are planning to purchase land, refinance, or utilize the equity in your land, we have a program for land loans available. Members can borrow up to 70% of the appraised value of the land for up to 15 years. (Minimum borrowed amount is $5,000 and the maximum amount borrowed is $300,000). Contact us today for more details. Apply Now for a land loan!


Conventional Mortgage Loans

Looking for a new place to hang your hat? Let Central help with a low interest fixed or variable rate Mortgage Loan. Central can get you in a new home with a term to fit your needs. Whether this is your first home or need to refinance your existing mortgage loan Central can help meet your needs.  For more details contact the loan department.

Apply for In-House Central First Mortgage  |  Apply for Conventional Mortgage  |  Mortgage Loan Rates


Home Equity Loans

You've been living in your own built in vault for years as long as you've been making your mortgage payments faithfully through the years. Now that the vault is packed, cash in and use some of that equity to your advantage. Add a pool, consolidate high interest debt, pay college tuition, take a once in a lifetime vacation, and much more with a Home Equity Loan from Central. Contact us now to learn how to crack the vault to your dreams.

*Central's In-House First Mortgage Loans receive a 0.25% APR discount with your Central Checking account.* Promotional offers excluded.


 Fast and Easy Home Equity Loan

  • Very Minimal Closing Costs
  • Fixed Rates/Terms
  • Borrow up to 80% loan to value
  • Possible tax deduction (consult your tax advisor)

 

Home Equity Line of Credit (HELOC)

You can update or remodel your home, pay for college tuition, or handle unexpected expenses with a Home Equity Line of Credit from Central. Use the equity you have in your home to help you through any situation. 

Benefits:

  • Up to 90% of your home's value*
  • May be tax deductible**
  • Provides flexiblity to accomplish your goals or handle unexpected expenses

To get rates or to get pre-approved, contact us at 850-474-0970  and press "2" for loans to receive more details. 

Apply now.

 

*Interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for federal income tax purposes. 

**Please consult with your tax advisor regarding the deductibility of interest and charges. 

 

Central Credit Union of FL NMLS# - 729868

Restrictions may apply.  

 

equal housing lender

Serving Members

Since 1962