Mortgage Products
Home Loan Options to fit Every Member's Needs!
Whether you're a first-time homebuyer, moving up, or downsizing, SCCU offers a variety of mortgage options for your home purchase. Our local decision makers can help guide you through the process, answer your questions, and provide you with a fast mortgage application and loan closing process.
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- Fast Pre-qualification Decisions, Online or Over the Phone
- No Intangible Tax21
- SCCU Member Service for the Life of the Loan
- SCCU Interest Rate Guarantee18
Enjoy the excitement and overcome the hurdles. Gone are the days when well-qualified buyers needed as much as 20% down!
Save thousands when it's time to close on your loan!
Create stability, knowing you'll have the same principal and interest payment amount each month for the life of the loan.
Start building equity with a lower rate and payment at the beginning of your loan.
Go big! Finance your dream home and live the lifestyle you've worked hard to achieve.
Reap the rewards of your military service and move into a home for less.
Refinancing your current mortgage with us could mean a lower rate, lower monthly payments, cash back in your pocket to fund a large purchase, or even a faster payoff!
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No Down Payment Home Loan
Enjoy the excitement and overcome the hurdles. Gone are the days when well-qualified buyers needed as much as 20% down!
Apply Now
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No Closing Costs Home Loan
Save thousands when it's time to close on your loan!
Apply Now
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Conventional Fixed-Rate Mortgages
Create stability, knowing you'll have the same principal and interest payment amount each month for the life of the loan.
Apply Now
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Construction-to-Permanent Loans
Plan and build the home of your dreams.
Apply Now
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Adjustable-Rate Mortgage
Start building equity with a lower rate and payment at the beginning of your loan.
Apply Now
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Condo Loans
Create a path to your carefree Florida condo lifestyle.
Apply Now
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Jumbo Home Loans
Finance your dream home and live the lifestyle you've worked hard to achieve.
Apply Now
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FHA Home Loans
Buy your home with a lower down payment!
Apply Now
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VA Home Loan
Reap the rewards of your military service and move into a home for less.
Apply Now
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Mortgage Refinance
Refinancing your current mortgage with us could mean a lower rate, lower monthly payments, cash back in your pocket to fund a large purchase, or even a faster payoff!
Apply Now
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Lot Loans
Great first step to building your home on your own lot.
Apply Now
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| Terms |
Terms
Up to 30 Years |
Terms
Up to 30 years fixed |
Terms
Up to 30 Years |
Terms
Up to 30 Years |
Terms
Up to 30 Years |
Terms
Up to 30 Years |
Terms
Up to 30 Years |
Terms
15 and 30 Years |
Terms
15-Year Fixed; 30-Year Fixed |
Terms
Up to 30 Years Fixed, Jumbo, FHA, VA, 5/1 ARM, and 7/1 ARM |
Terms
3 year fixed interest only with balloon65 |
| Application Fees |
Application Fees
No |
Application Fees
None |
Application Fees
None |
Application Fees
None |
Application Fees
None |
Application Fees
None |
Application Fees
None |
Application Fees
None |
Application Fees
None |
Application Fees
None |
Application Fees
None |
| Pre-Payment Penalties |
Pre-Payment Penalties
None |
Pre-Payment Penalties
None |
Pre-Payment Penalties
N/A
|
Pre-Payment Penalties
N/A
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Pre-Payment Penalties
N/A
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Pre-Payment Penalties
N/A
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Pre-Payment Penalties
N/A
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Pre-Payment Penalties
N/A
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Pre-Payment Penalties
N/A
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Pre-Payment Penalties
N/A
|
Pre-Payment Penalties
None |
| Intangible Tax |
Intangible Tax
None |
Intangible Tax
N/A
|
Intangible Tax
None |
Intangible Tax
None |
Intangible Tax
None |
Intangible Tax
None |
Intangible Tax
None |
Intangible Tax
None |
Intangible Tax
None |
Intangible Tax
None |
Intangible Tax
None |
| Origination Fee |
Origination Fee
$1,100 plus .25% of loan amount |
Origination Fee
None |
Origination Fee
$1,100 plus .25% of loan amount |
Origination Fee
$1,100 plus .25% of loan amount |
Origination Fee
$1,100 plus .25% of loan amount |
Origination Fee
$1,100 plus .25% of loan amount |
Origination Fee
$1,100 plus .25% of loan amount |
Origination Fee
$1,100 plus .25% of loan amount |
Origination Fee
$1,100 plus .25% of loan amount |
Origination Fee
$1,100 plus .25% of loan amount |
Origination Fee
N/A
|
| Available With |
Available With
Conventional Fixed-Rate; Select Adjustable-Rate Purchase Loans; Hero Home Loan's Rate Reduction Option; Single-Family Homes only |
Available With
Conventional Fixed-Rate Purchase or Refinance; Construction; Jumbo; Select Adjustable-Rate Purchase Loans |
Available With
N/A
|
Available With
Select Adjustable-Rate Purchase Loans; No Closing Costs; Jumbo |
Available With
No Closing Costs; Jumbo; Construction |
Available With
N/A
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Available With
30-year, 20-year, 15-year and 10-year Conventional Loans; 5/1 and 10/1 Adjustable-Rate Mortgages (ARMs); Construction-to-Permanent Loans |
Available With
N/A
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Available With
N/A
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Available With
N/A
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Available With
N/A
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| Other Fees |
Other Fees
N/A
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Other Fees
Prepaid Taxes, Interest, and Mortgage Insurance |
Other Fees
N/A
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Other Fees
N/A
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Other Fees
N/A
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Other Fees
N/A
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Other Fees
N/A
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Other Fees
N/A
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Other Fees
N/A
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Other Fees
N/A
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Other Fees
N/A
|
| Pre-payment Penalties |
Pre-payment Penalties
N/A
|
Pre-payment Penalties
N/A
|
Pre-payment Penalties
None |
Pre-payment Penalties
None |
Pre-payment Penalties
None |
Pre-payment Penalties
None |
Pre-payment Penalties
None |
Pre-payment Penalties
None |
Pre-payment Penalties
None |
Pre-payment Penalties
None |
Pre-payment Penalties
N/A
|
| Origination Fees |
Origination Fees
N/A
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Origination Fees
N/A
|
Origination Fees
N/A
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Origination Fees
N/A
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Origination Fees
N/A
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Origination Fees
N/A
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Origination Fees
N/A
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Origination Fees
N/A
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Origination Fees
N/A
|
Origination Fees
N/A
|
Origination Fees
$1,100 plus .25% of loan amount |
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Frequently Asked Questions
You can apply online or by phone.
Have questions? Our Team Members can help you find the mortgage that's right for you, and take your application over the phone in just minutes. Once your application is completed, one of our Mortgage Representatives will contact you within one business day. We'll keep you informed every step of the way.
Space Coast Credit Union provides all who work or live in these 34 counties in Florida with mortgages loans. SCCU mortgage loans are available for properties throughout Florida, provided you meet our membership requirements. Membership is not required prior to applying - we can take care of your mortgage loan application and membership at the same time!
Refinancing your current home loan—whether from SCCU or another lender— is quick and easy! You can apply online or over the phone with a Team Member.
Please visit our Mortgage Refinance page for information on refinance loans and options.
In addition to principal and interest, mortgage payments include amounts for annual payments of homeowner's insurance and property taxes. The anticipated annual insurance premium and tax bill amounts are divided equally by 12 payments. One-twelfth of the annual amount for each is included with your mortgage payment and held in an escrow account. When it's time to make the insurance and tax payments, SCCU makes the payments from this escrow account. Escrow will be evaluated each year, and your monthly amounts could increase or decrease, depending on what the actual annual payment amounts are.
You can check the status of your mortgage loan application at any time here. After your application is completed, a Mortgage Representative will contact you to answer any questions you may have. Your Mortgage Representative is a mortgage expert and will provide help and guidance along the way. If your request wasn't approved online, they'll ask you for any information required to make a decision about your loan.