2nd Mortgages

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	2nd Mortgages
		Home Equity Loans
		Introductory Line of Credit
		Interest Only Line of Credit
		Exclusive FAST TRACK Loan
		Fixed Rate
		Equiline
	Application & Rates
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		1st Mortgage Rates
		2nd Mortgage Rates

Fixed 2nd Mortgages
All rates are accurate as of: June 1, 2008 and are subject to change at any time.
LTV up to and including 80% ($5,000 to $49,999)		LTV 80.01% up to and including 90% ($5,000 to $49,999)
Term	APR*	Term	APR**
0 to 60 Months	6.99%	0 to 60 Months	7.99%
61 to 120 Months	7.24%	61 to 120 Months	8.24%
121 to 180 Months	7.49%	121 to 180 Months	8.49%
181 to 240 Months	7.74%	181 to 240 Months	8.74%

LTV up to and including 80% ($50,000 and over)		LTV 80.01% up to and including 90% ($50,000 and over)
Term	APR*	Term	APR**
0 to 60 Months	5.99%	0 to 60 Months	6.99%
61 to 120 Months	6.24%	61 to 120 Months	7.24%
121 to 180 Months	6.49%	121 to 180 Months	7.49%
181 to 240 Months	6.74%	181 to 240 Months	7.74%
Apply for a Fixed 2nd Mortgage Today

Adjustable Rate 2nd Mortgages (Lines of Credit)

LTV up to and including 80%

LTV 80.01% up to and including 90%

Equiline

APR*

Equiline

APR**

Prime - 0.50

5.00

Prime - 0.50

6.00

Prime + 0.00

5.00

Prime + 0.00

6.00

Prime + 0.50

5.50

Prime + 0.50

6.50

Prime +1.50

6.50

Prime + 1.50

7.50

Prime + 2.50

7.50

Prime + 2.50

8.50

Prime + 3.50

8.50

Prime + 3.50

9.50

Apply for an Adjustable Rate 2nd Mortgage Today

Home Equity Loan Rates

APR = Annual Percentage Rate.

All decisions to grant credit will be based on an evaluation of your credit history and available equity in your home.

Your interest rate will be based on the available equity in your home, the amount and term of your loan, and credit score.

For adjustable rate equity lines the Annual Percentage Rate (APR) varies monthly and is based on the value of an index plus a margin. The index is equal to the highest prime rate published in the Wall Street Journal "Money Rates" table on the last business day of each month of each year. Rates are subject to increase after consummation.

No application fee.
Initial minimum draw amount $2,500.

Rates subject to change with out notice.
Proof of home owner’s insurance sufficient to cover all outstanding mortgages, including your SCCU equity loan will be required.
Some restrictions may apply.

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Corporate Headquarters: Space Coast Credit Union 8045 N. Wickham Road Melbourne, Florida 32940
PH: 321.752.2222 • TF: 800.447.7228