Florida Mortgage FAQ
Do I have to be a member to apply for a TFCU mortgage?
Membership is not required to get pre-qualified or apply for a mortgage with TFCU. If approved for a mortgage with a TFCU, membership will then be required, but handled by your mortgage processor so you can sit back and relax. For information on membership please click here.
What is the difference between being pre-qualified and approved?
The difference in being pre-qualified and approved is the order within the loan process. Borrowers may want to get pre-qualified to get an idea of an amount they would approved for.
Our MLO’s complete a thorough pre-qualification that does include reviewing income, asset and credit documents so that you as a home buyer have a very good pre-qualification for a loan with Tropical, which can be given to the seller
Once pre-qualified borrowers can begin an approval that involves verifying credit, down payment and submitting important loan documents. Getting approved helps to speed up the mortgage process.
What are the TFCU Mortgage service areas?
TFCU services mortgages for those purchasing and refinancing properties located in the state of Florida..