Unlock Your Future With A Launch FCU Mortgage

Let’s face it, the mortgage process can be intimidating and frustrating. We know. We get it. We’re right here to help, whether you’re looking to finance your first home, your next home, a vacation home, a piece of property for your future dream home, or refinancing your current home, we want to be there every step of the way. When you finance with Launch FCU, your home loan stays here, and we’re here to answer all your questions face-to-face. All of our mortgages are serviced-in house, this means that we will never sell your mortgage. You may be asking yourself, “How much home can I afford?” You are on the right track. Utilize our mortgage calculator to determine how much home you can afford so that you know where to start your shopping.

Save $400* For A Limited Time

For a limited time, anyone who finances a mortgage with Launch FCU will get their $400 processing fee waived!* Hurry. This promotion ends March 31, 2018! Apply online today or call a friendly Launch FCU Home Loan Specialist at 321-456-5439 to get started on your home buying journey.

Home Loans For As Little As 3% Downfamily moving boxes into a new home

Buying your first home is a major investment, and you may not have enough saved up to put down 20% for a down payment on your new home. We are here to help. We can help you unlock doors to your future for as little as 3% down. Apply online today, or call a Home Loan Specialist today at 321-456-5439.

 

Loan Type (Fixed or Variable) Fixed
Loan Term 10 years to 30 years
Borrowing Parameters Must be an owner-occupied residential dwelling in the State of Florida
Loan Amount $50,000 to $650,000
Loan-To-Value Up to 97% (lesser of appraised value or sales price)
Private Mortgage Insurance Required if loan to value is more than 80%
Down Payment As low as 3% of sales price* or appraised value, whichever is lower

View our First Mortgage Information Sheet.

Apply Now

Loan Type (Fixed or Variable) Fixed
Loan Term Up to 15 years
Loan-To-Value-Ratio Up to 80% of property value
Loan Amount $10,000 up to $150,000
Annual Percentage Rate=APR
(see rates page)
Up to 60 months: 4.811% APR*
61-84 months: 5.045% APR*
85-120 months: 5.283% APR*
121-180 months: 5.523% APR*
181-240 months: 5.768% APR*
Closing costs Varies

Provides you with a lump sum; excellent for larger home improvement projects, or to pay off high-rate debt. View our Second Mortgage Information Sheet.

Apply Now

Loan Type (Fixed or Variable) Fixed
Loan Term Up to 30 years
Borrowing Parameters Must be an owner occupied residential dwelling in the State of Florida
Loan Amount $50,000 to $650,000
Loan-To-Value 85% if pulling cash out or 90% LTV if you are not pulling cash out
Private Mortgage Insurance Required if loan to value is more than 80%
Down Payment N/A

Apply Now

Loan Type (Fixed or Variable) Fixed
Loan Term Maximum of 10 years
Borrowing Parameters Must be a residential lot in a developed area (must have streets) in the State of Florida
Maximum Loan Amount $5,000 to $100,000
Loan-To-Value Up to 60% (lesser of appraised value or sales price)
Private Mortgage Insurance No
Down Payment 40% of sales price

View our Lot Loan Information Sheet.
Apply Now

If you have questions about mortgages, visit our Frequently Asked Questions page. Be sure to also review our First Mortgage Information Sheet, our Second Mortgage Information Sheet, and our Land Loans Information Sheet.  If you’re interested in purchasing a condominium, check out our Condo Buyer’s Guide.

Launch FCU Mortgage Centers

A home is one of the single biggest purchases you will make in your lifetime. That’s why we have set up dedicated mortgage centers, where you can sit down, one-on-one with a Launch FCU Home Loan Specialist to speak about your options. Our Mortgage Centers are located at the following Launch FCU Branch locations:

Orange City Branch: 2277 Veterans Memorial Parkway, Orange City
South Daytona Branch: 2290 S Ridgewood Ave, South Daytona
Port St. John Branch: 7347 N Highway US 1, Port St. John
Merritt Island Branch: 415 Fortenberry Road, Merritt Island
Melbourne Branch: 2200 N Wickham Road, Melbourne

Meet the Launch FCU Mortgage Team

Our Home Loan Specialists take the time to sit down with you, show you options and ideas and then take you through the process step by step.  We have Home Loan Specialists throughout Brevard and Volusia counties. Visit our new Mortgage Centers at our Orange City, S. Daytona, Port St. John, Merritt Island and Melbourne Branches. 

If you still have questions, give us a call at 321-455-9400 (inside Brevard) or 800-662-5257 (outside Brevard) or come visit us at any one of our convenient branch offices. We’ll be happy to talk about your mortgage options based on what you’d like to achieve.
*

*Maximum 97% Loan-to-Value (LTV). Must be owner-occupied; primary residence or second home only. Must be a purchase, not refinance. Minimum loan amount $50,000; maximum loan amount $453,100. APR=Annual Percentage Rate. Example: For a $100,000 loan for a term of 30 years with an interest rate of 4.00% (4.118% APR), the monthly payment will be $477.42. Sample payment includes principal and interest only; taxes and insurance will increase your payment. The rate you pay is based on credit history and term. Loans exceeding 80% of the appraised value of the home require private mortgage insurance. Programs, rates, terms, and conditions are subject to change without notice at any time. Savings account required for loan. Only a $5 minimum deposit required to open account and become a Launch FCU member. Print out this page when applying for a Launch FCU mortgage and Launch FCU will waive the $400 processing fee; this offer has been extended and expires 3/31/18.

**

Maximum 97% Loan-to-Value (LTV). Must be owner-occupied; primary residence or second home only. Must be a purchase, not refinance. Minimum loan amount $50,000; maximum loan amount $650,000.00. APR = Annual Percentage Rate. Example: for a $100,000 loan for a term of 30 years with an interest rate of 4.375% (4.471% APR), the monthly payment will be $499.29. Sample payment includes principal and interest only; taxes and insurance will increase your payment. The rate you pay is based on credit history and term. Loans exceeding 80% of the appraised value of the home require private mortgage insurance. Programs, rates, terms, and conditions are subject to change without notice at any time. $5 minimum deposit required to join.

Welcome to Launch FCU Chat

Close
Characters Remaining

Third-party link - Do you wish to continue?
Don't continue
Continue