First time home buyer program

Don't delay your dreams; take the first step towards owning the home you've always wanted! As your credit union, we can help you achieve your home buying dreams in Florida.

What is a first time home buyer loan?

Our first time home buyer program offers these benefits:

  • 3% down (Note: You may be required to pay private mortgage insurance, PMI, when making a down payment of less than 20 percent.)
  • Fixed rate mortgage
  • No Florida intangible tax
  • Fast closing 

Buy or rent? How much can you afford?

Looking at homes can be exciting. But finding out that the gorgeous mansion just down the road from work isn’t in your price range isn’t so exciting. It’s a good idea to do some homework before you start your home search. Find out what you can afford and whether purchasing a home is the right next step for you by using these calculators.


The Home Buying Process

There are typically six steps in determining whether buying a home is right for you and if it is financially feasible. Learn more about the home buying process and if you’re ready for the commitment. Our mission is to make your home buying experience comforting, rewarding and making your home dreams come true.

Apply Now


Note for members in Florida: our first-time home buyer program includes the following Terms & Conditions: At least one borrower on the application must be a first time home buyer. Borrower must reside in the property being purchased as their primary residence and have had no ownership interest (sole or joint) in a residential property during the three-year period preceding the date of the purchase of the security property. The property being purchased must be a one-unit single family home or townhome. Condominiums are not eligible for the first time home buyer loan. This loan is available for a 15, 20 or 30 year term.

Consult your tax advisor regarding interest deductibility. Loan terms and conditions depend on credit qualifications and approval.

Payment example: a loan in the amount of $155,200 would have a principal and interest payment of $740.95 at a rate of 4.00% / 4.727% APR (Annual Percentage Rate) for 360 months. Payment example does not include taxes and insurance.

We Florida Financial membership is required. Membership is open to individuals who live and work in select counties from Key West to Jacksonville. Members must maintain a savings account with a minimum balance of $5 for the duration of their membership.

English Haitian creole Spanish