Mortgage/Equity Lines & Loans

Your home dreams start here!

Tap into the equity of your home to fund any of your dreams.  

Home Equity Loans as low as 7.47% APR*!

Loan amounts between $15,000 and $500,000. 

Rates and Terms here. 

*Adjustable loan rate APR of 8.39% –– calculated at $50,000 and assuming primary residence, 10-year “draw” period, and maximum 15-year life of loan (total of 25 years). Lower APR if paid off sooner. $995 processing fee, county-specific recording fee, and appraisal report (if applicable) for loans to $250K; plus appraisal fee (if applicable) for loans above $250K.

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Real. Local. Experts.

• Home Loans

  Explore our wide array of loan programs!

  Need low-rate 30 year fixed loan?  Or customized financing for that unique property?  Or maybe you're a first time home buyer.  We offer the following:

  • Fixed Rate Conventional
  • Adjustable Rate Conventional
  • FHA
  • VA
  • USDA
  • Manufactured Consumer Dwelling
    
    

  Apply Online

  Looking for a human touch?  You can also contact one of our expert loan officers.

• Home Equity Loans

  If you’re a homeowner, you can borrow against the equity you’ve built up in your home for a variety of financing needs.

  
  Use a Home Equity Line of Credit for home improvements, college tuition, vacation, debt consolidation, or any number of other major expenditures!

  • secured by your home
  • borrow what you need (up to your approved credit limit), when you need it
  • as you repay your credit line, the funds become available to borrow again, with no need to reapply
  • no application fee or early closure fee
  • 10-year draw, 15-year repayment period
  • variable and 5-year fixed options for your primary residence, second home, or investment property
  • minimum loan amount: $15,000
    
    

  We also offer a Closed-End Second Mortgage Loan.

  • secured by your home
  • a one-time, lump-sum loan that provides all the money up front
  • make monthly payments to pay it back in full by end of term
  • variety of terms: 5, 10, 15 and 20 years
  • maximum loan amount: $500,000
    
    

  A closed-end home equity loan, or second mortgage, is a loan for a fixed amount of money that must be repaid over a fixed term, just like your original mortgage. Borrowers typically use closed-end home equity loans to pay for a single large expense, such as a major home improvement or college tuition.

  A closed-end home equity loan, or second mortgage, is a loan for a fixed amount of money that must be repaid over a fixed term, just like your original mortgage. Borrowers typically use closed-end home equity loans to pay for a single large expense, such as a major home improvement or college tuition.

  Apply Online

  Looking for a human touch?  You can also contact one of our expert loan officers.

• Cash-Out Home Loans

  A Cash-Out Home Loan Opens a World of Possibilities!

  It’s no secret that homes have appreciated in the past few years. Your home today is most likely worth a lot more now than it was just 24 to 36 months ago. What does that mean? It means you can tap into the equity of your home’s new higher value. This is commonly done through a home equity line of credit (HELOC) or a cash-out refinance. 

  A HELOC has a shorter payback period than a mortgage, so the rate is typically higher. Whereas a cash-out refinance is amortized as a new 15- or 30-year first mortgage loan.

  A cash-out refinance is a handy option to consolidate old debt, remodel your kitchen, retire a higher education loan, second mortgage ... the possibilities are endless. Community First will make the process easy for you!

   We have Mortgage Loan Officers in nearly all of our branches. They are home loan professionals who can walk you through every step of the way and answer any questions you may have.

  To get all your questions answered, contact one of our expert loan officers.

• Lot Loans

  Introducing our innovative LOT LOAN...

  Our unique lot loan is here to help our local residents finance the purchase of a vacant lot. The recent firestorms destroyed over 8,000 neighborhood homes, now there’s a building-block loan to rebuild these needed homes!

  • 30-year amortization
  • balloon due in 15 years
  • $50K to $1.5M
  • LTV, 75%
  • FICO, 650
  • no prepayment penalty
  • serviced LOCALLY by CFCU

   

  To get all your questions answered, contact one of our expert loan officers.

• Reverse Mortgage Loans

  Get the Most Out of Life

  The ultimate when it comes to peace of mind!  Turn the equity in your home into cash WITHOUT having to move out or make monthly payments.

  • Tax-free income as long as you live in your home
  • No income, medical or credit requirements
  • Never owe more than your home is worth
  • Retain ownership of YOUR home
  • No restrictions on how you use your money
  • A tax-advantaged way to pass on part of your estate today

   

  To find out if a Reverse Mortgage is best for you, contact one of our veteran mortgage loan officers.

  Should you decide a Reverse Mortgage is right for you, we work with a third-party specialist who lives/breathes this stuff: Alliance Reverse Mortgage.

Community First is in good standing with the National Mortgage Licensing System; our institutional identifier is #512342.