Space Coast Credit Union 15-year fixed rate mortgages

15-year fixed rate mortgages

Ease
4.64

Responsiveness
4.21

Rate
4.29

Time
4.5

Recommend SCCU
4.43

(Out of 14 member reviews)

This "traditional" type of loan maintains its original interest rate throughout the entire life of the loan. Fluctuations in market rates, over the term of your loan, won't have any impact on the amount of interest you pay because that rate is already "fixed."

BEST CHOICE IF:

ADVANTAGES :

Whatever type of home loan you need, SCCU offers the fastest, most convenient mortgage process around with the personal service and features you deserve, like

  • Fixed rate provides principal and interest payments that remain the same
  • Allows you to own your home faster than a traditional term mortgage
  • No Intangible Tax (Average savings of $500)
  • No Origination Fees for 1st & 2nd Home (Average savings of $2,500)
  • No Prepayment Penalties (Average penalty of $6000)
  • Low Application Fee
  • Fast closings
  • Low rates, including low PMI (Private Mortgage Insurance) costs
  • Easy paperwork
  • FREE mortgage consolations and checkups
  • Receive a credit of up to $5,000 to offset your closing costs with our Easy Refi Program – get more details here
  • Receive a rebate of up to $5,000 by working with a participating agent using our exclusive Real Estate Rebate Program – get more details here
  • 99.9% Member Satisfaction Rating
  • Loans are serviced by SCCU
  • Local, trusted lender since 1951

Read reviews from SCCU members about their mortgage! Only members with this product are invited to provide their comments and ratings.

Average Product Rating

Patricia M

7/10/2008 2:42:05 PM

4.8 Stars

I felt that the whole process was very straight forward and with friendly service.

CATHERINE K

5/8/2008 10:56:47 PM

5 Stars

THE 250 DOLLAR COUPON WAS ADDED TO MY FEES INSTEAD OF SUBTRACTING I FOUND ERROR LONG WAIT FOR IT TO BE REFUNDED

joseph a

4/15/2008 11:54:07 AM

5 Stars

all was courteously and professionally handled

J S

3/24/2008 6:59:09 PM

5 Stars

Send appraisals and documents for review by US Postal Service, and don't try the electronic version. I was never able to get any of the loan documents electronically for review despite having them forwarded by several members of your staff. This included the pre-closing documents (Truth in Lending), as well as the appraisal. For some reason the secure server would not recognize the userID and password, and the emailed version would not open. It took almost 2 weeks to get a version that I could review. Based on my experience, I'd think the program/forwarding service that you use needs some work. The documents were finally forwarded to me by US Postal Service and I got them in one day - after trying for two weeks to get them electronically.

John M

3/22/2008 10:43:57 AM

5 Stars

We needed to close a mortgage very quickly and with some complicating aspects to it. SCCU indicated that it could work with our situation and get our mortgage closed within the timeframe available. It took significant work on the part of the person at SCCU to accomplish this, but she was successful. This is the best mortgage service that I have ever received.

Harman

3/15/2008 2:32:33 AM

3.4 Stars

Allow more input from the customer and then take that to heart, I feel throughout this entire process I was in the way of the system. I should have felt that the system was there to please me. I did not change closing companies as it was late in the process and I wanted to get the mortgage closed. I was told by the closing agent that NO payments would be taken out on March 01, as the company which would be receiving my payoffs is in fact the same as who holds the mortgage. This was due to the fact that we had such notice on the closing date and time.

Jim D

3/14/2008 8:13:07 PM

5 Stars

Kris Gray was extremely knowledgeable and the process was very easy with her help.

Choose from one of our 15-year fixed rate loan programs that is best for you!

Cost Cutter Loan
Pay $0 in lender fees! Significantly lower your out-of-pocket costs to obtain a mortgage! Get a 15- or 30- Year Fixed Rate Mortgage without paying the Space Coast Credit Union lender fees at application and/or closing.
Learn More   Apply Now - Contact Us
My Community Mortgage
This program is geared towards lower to middle income first time homebuyers and offers a minimal down payment and reduced PMI coverage.
Apply Now - Contact Us
First Time Homebuyers
 SCCU program for new home owners who have good credit, stable income, but little savings.
Learn More   Apply Now - Contact Us
Construction Loans
In addition to more traditional loans we also offer construction/perm loans. This unique loan allows you to close on your loan with a fixed rate during construction and only have to pay closing costs once. Minimum loan amount is $50,000.
Apply Online - Contact Us

Applying for a Space Coast Credit Union Mortgage is fast and easy!

  1. By Phone

    Call our Express Services Associate team Monday - Friday, 8 a.m. to 6:30 p.m., Saturdays, 9 a.m. to 3 p.m.

    Brevard: 321-752-2222, option 3
    Toll Free: 800-447-7228, option 3

  2. Online

    Apply online 24 hours a day, 7 days a week. Explore your different options and fill out our easy online application.

  3. At In Person

    Contact one of our award-winning Mortgage Representatives and set up and appointment at any of our SCCU branches, or we can come to you!

Unique Loans

For 15-Year Fixed Rate Mortgages

For example, a 15-year fixed rate loan for $200,000 with a 5.375% interest rate (5.698% APR) would require 180 monthly principal and interest payments of $1,620.94. Taxes and insurance escrows are not included. Other rates and terms are available. The terms used in this example are for illustrative purposes only and the actual terms you receive may be different depending on your individual circumstances. Loans with longer terms may increase the total number of monthly debt payments, as well as the aggregate amount paid over the mortgage term as compared to loans with shorter terms.

Application fees apply.

Mortgage loans are originated by Space Coast credit Union, and are subject to credit approval, verification and collateral evaluation. Programs, rates, terms and conditions are subject to change without notice. Certain restrictions apply.