Homeownership Made Easy and Affordable
Whether you’re ready to buy your first home, build a new home, or refinance your home mortgage, Orlando Credit Union’s team of mortgage experts is ready to help you get it done right.
What You Get with Orlando Credit Union...
- Competitive rates
- Low closing costs
- Flexible terms with 15 or 30 year financing
- 89 years of lending expertise
- Low down payment options
- Local underwriting decisions
- In-house portfolio servicing
- No PMI option
Orlando Credit Union only finances properties in the state of Florida.
Which Florida Mortgage Loan Option is Best for You?
Conventional Mortgages
Ideal for Applicants with Credit Score 620+
Purchases and Refinances
A conventional mortgage loan often requires less paperwork and may receive approval more quickly than a government-backed loan.
- Purchase or refinance
- Fixed rates
- Borrow up to 97% for purchases & refinances
- Borrow up to 80% for cash out refinance
- No PMI option
- Low closing costs
First-Time Homebuyer Program
Buying your first home comes with many big decisions, and it can be as scary as it is exciting. If you’re purchasing your very first home, you can take advantage of one of our best mortgage programs.
- Fixed rates
- Borrow up to 97% of the home’s value
Apply Today
To apply for a conventional mortgage loan in-person, schedule an appointment at an Orlando Credit Union branch location near you or you can apply online.
Orlando Credit Union only finances properties in the state of Florida.
Apply Now Schedule Appointment
Already Applied? Check Status
Government Backed Home Loans
Get Your Dream Home with Less Money Up-Front
Government-backed mortgage loans feature lower payments and more flexible qualification standards.
Federal Housing Administration (FHA) Mortgage
FHA loans are ideal for homebuyers who have a limited down payment. These loans are insured by the Federal Housing Administration.
- Fixed rate
- Requires 3.5% minimum down payment
- Maximum loan amount for a single-family home ranges from $541,827 to $990,150 (Varies based on location in Florida)
- Borrow up to 96.5% of the home’s value
- Requires payment of mortgage insurance premiums
Veterans Affairs (VA) Mortgage
Orlando Credit Union is pleased to support our veterans. A VA Mortgage requires less money up-front and is guaranteed by the Department of Veterans Affairs.
- Fixed rate
- No minimum down payment requirement
- Maximum loan amount is $832,750*
- Borrow up to 100% of the home’s value
- No mortgage insurance requirement
Apply Today
To apply for a government-backed home loan in-person, schedule an appointment at an Orlando Credit Union branch location near you or you can apply online.
Orlando Credit Union only finances properties in the state of Florida.
Apply Now Schedule Appointment Contact Us for Rates
Already Applied? Check Status
Need Help with the Home-Buying Process?
Check Out Our Simple Home-Buying Guide
Orlando Credit Union is with you, every step of the way.
A home purchase represents one of life’s biggest investments—but don’t let that intimidate you. To help simplify the process for our members, Orlando Credit Union has created an easy 8-step guide to buying a home. It covers everything from gathering documents and making an offer to getting a home inspection and closing the deal.
* Loans are subject to membership and credit approval. Maximum loans and purchase prices may vary for multi-family homes or in different geographical areas.
** APR = Annual Percentage Rate based on the following assumptions. Loan amount of $304,000 and 0 points. Your rate, points and closing costs may vary based upon loan features, geography and/or other terms and conditions. Additional adjustments may be applicable based upon credit history, property value, mortgage product, property type or other factors. The interest rate and fees shown here are available to borrowers with an excellent credit history. The interest rates, APRs, closing costs and discount points shown are subject to change without notice. Your APR will vary based on your final loan amount and finance charges.
NMLS #569755
