Eglin Federal Credit Union


Mortgage Services
Equal Housing Lender
NMLS 440642

Fixed Conventional

Fixed VA or FHA

Adjustable Conventional

Home Equity Loans

HE Line of Credit

Unimproved Property

Construction Loans

Other Rates

Loan Rates

Savings Rates

Home Equity

Maximum Loan Amount and Restrictions
  • Loans from $5,000 to $150,000
  • Loans for first or second mortgages
  • First Mortgage - 10 year term
  • Second Mortgage - 5, 10, or 15 year term
  • Loanable equity is determined by 80% of appraised value and subtracting balance of first mortgage loan
  • Property must be a single-family, primary residence
  • Property must be located in one of the following Florida counties:
    - Escambia- Santa Rosa- Okaloosa- Holmes
    - Walton- Bay- Washington

Interest Rate Maximum Combined LTV** (TLTV)
4.75% APR* 80%
A sample monthly repayment based on $50,000 for 15 years at 4.75% APR is $388.95.
* APR - Annual Percentage Rate
**LTV - Loan To Value

There will be closing costs involved such as an appraisal, mortgagee title insurance, recording fees and documentary stamps.

In an effort to provide the most fair and accurate Loan Estimate to asist you in comparing between lenders, please thoroughly complete the credit application with accurate information and figures.

A Mortgage Services team member may be in touch should we find that further information is needed pertaining to your loan request.

NCUA  We do business in Accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.