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Loans

Mortgages

Get a Home Loan You Can Count On From Tropical Financial Credit Union.

If your adjustable rate mortgage is scheduled to re-set, refinance with an affordable fixed-rate loan from TFCU.

• $325 application fee refunded at closing,
• 15,20,30 and 40-year terms available, and
• NO prepayment penalties!      

EXAMPLE:	5/1 ARM Current Loan	30-Yr Fixed New Loan
Interest Rate /APR*	6.125% Reset to 8.50%	6.00% (6.22% APR)
Principle and Interest (Mos. 1-60)	$1,215.22	$1,199.10
Principle and Interest (Mos. 61-360)	$1,454.71	$1,199.10
Total P & I Life of Loan	$509,326	$431,676
Points	0	0
Estimated savings - life of loan		$77,650
Estimated annual savings after reset		$3,067

 

It's easy to apply for the best fixed rate mortgages with TFCU! Click here, or we accept phone applications.  Contact a TFCU Home Loan Specialist at  305-261-8328 or 1-888-261-8328 outside Miami-Dade County to apply or for more information.

 *Above example based on loan amount of $200,000 for 30 years and an L-T-V of 95%. Adjustable Rate Mortgage (ARM) example based on a 2% rate increase at the end of the initial 5 years of the loan. The monthly payments above do not include tax or insurance fees. Interest rates are subject to change without notice and are for informational purposes only. The 30-year fixed example includes average closing costs of 2%.

Best Fixed Rate Mortgages

Conventional Fixed Rate Mortgage
Multi-Generational Families

Adjustable Rate Mortgages

3/1 ARM
5/1 ARM

Specialized Mortgages

Low Documentation Mortgages

Stated Income

Jumbo

Click for rates

These are just a few of the home loan options available for fixed mortgage rates in South Florida. Whatever your situation, contact TFCU for your home loan solution. For more information, contact us today at 305-261-8328 or 888-261-8328 outside Miami-Dade, stop by your local branches for mortgage rates in Florida: Broward and Palm Beach or, you may also check rates or apply online!