Space Coast Credit Union Fixed Rate Home Equity Loans
Fixed Rate Home Equity Loans
Overall recommendation rating avg. 4.69
out of 77 member reviews
A fixed rate home equity loan might be the best fit if you plan to use the money in a lump sum for a one–time event such as consolidating your credit card debt, replacing the roof, or paying for a wedding or trip of a lifetime. The interest rate and monthly payments are fixed so you can budget accordingly.
BEST CHOICE IF:
- You plan to use the money in one lump sum
- You need your monthly payments to remain fixed over the life of the loan
- You want to defer your payment for up to 90 days**
ADVANTAGES :
- Reliability – principal and interest payments remain the same, so there is no risk that changing market conditions will increase the monthly payments
- Flexibility – make additional principal payments as desired with no prepayment penalties
Whatever type of home equity loan you need, SCCU offers the fastest, most convenient process around with the personal service and features you deserve, like
- Great, low rates
- Phone and online application available 24 hours a day, 7 days a week
- No application fee
- Most loans close in 1 day
- Fast approvals (most in less than 10 minutes)
- Low or no closing cost options
- Receive funds in as little as 3 days after closing
- No points or origination fees
- No intangible tax
- Borrow up to 90% of property value
- Defer your first payment for up to 90 days**
- Your credit history is only accessed by SCCU
- We get the needed documents (like warranty deed, flood, and title)
- We do all of the work; all you have to do is sign
Read reviews from SCCU members about their fixed rate home equity loan! Only members with this product are invited to provide their comments and ratings.
Recommendation Rating
Marlene C
5/15/2009 3:10:59 AM
4 Stars
Being a member for years, I have always been completely satisfied with all transactions.
Jennifer C
4/23/2009 3:14:05 PM
5 Stars
It was very quick and professional.
Dorothy R
3/21/2009 1:22:57 AM
5 Stars
The entire process was very easy and accommodating/ Very friendly staff.
Charles A
3/5/2009 2:12:39 PM
5 Stars
Jeff, at the Baytree office, was extremely helpfull and professional.
Joseph B
1/27/2009 8:55:15 PM
5 Stars
Applying for a loan through is a pleasant experience. The employees are helpful, informative, and are easy to work with. Going into debt has never been such a wonderful experience.
Erica H
12/21/2008 6:56:22 PM
5 Stars
Overall, well done and professional. I would and do recommend.
Armand T
12/20/2008 6:57:12 PM
5 Stars
Verry fast and efficient
Ruth B
10/11/2008 1:21:12 AM
5 Stars
We have been members since 1994. The service is superb.
Linda E
10/10/2008 3:22:39 PM
5 Stars
From the time I applied online until the time we closed on the loan was an even shorter process then we had expected. In today's market and the crunch that has been put on everyone's wallet, time is so important and just a matter of hours could mean all the difference in the world. With the economy in trouble businesses like SCCU will continue to get the business as long as they provide members with competitive rates, knowledgeable employees, expedient closings and exceptional member service.
James T
9/23/2008 8:13:45 PM
5 Stars
Very easy to get loan . Very helpful associates.
Shawna G
7/17/2008 5:41:16 PM
5 Stars
We love space Coast!! we tell all our friends and family all about it!
Gwedolyn M
7/12/2008 2:03:15 PM
5 Stars
Everything was ready when I went at lunchtime during working hours. The person who handled my loan was very professional and I greatly appreciated the time she took to go through the papers. Thank you...
Glyn A
6/13/2008 7:53:13 PM
5 Stars
The staff was very helpful and courteous. They made any necessary changes that wer needed.
Louis W
6/13/2008 2:22:04 PM
5 Stars
The process was painless and easy. I started the process on the SCCU website.
Mary B
5/11/2008 12:02:48 AM
5 Stars
I had shopped around for a fixed rate home loan and either got higher rates or offered something I didn't want. I appreciate the Credit Unions ability to get me just what I was looking for.
Jennifer L
5/8/2008 9:47:28 PM
5 Stars
Nothing, you've got it together!
howard p
5/8/2008 1:48:40 PM
5 Stars
JOHN, did a great closeing for me,all went very well
Barbara H
4/15/2008 1:58:10 AM
5 Stars
My husband and I will not use another bank for loans, you have made the experience easy, fast and personal.also with the best rates.
Janis M
4/14/2008 5:58:02 PM
5 Stars
Jason and Vickie(?) were great to work with. No improvement needed.
Kathleen M
1/10/2008 10:33:55 PM
5 Stars
I could not see my account in the online banking for 4 months...very inconvenient! I was told that the suffix created for my new HE loan had "glitches" and several other customers had the same issues. It appeared to be the first few customers that took advantage of the HE lowered rate. I think 4 months was way to long 15 phone calls to try to resolve. Way too much stress and time wasted on my part. SCCU should have made sure this new suffix 22 was ready to go online with your consumers.
Choose from one of our fixed rate home equity loans programs that is best for you!
![]() |
Standard Our standard fixed rate home equity loans are offered with a number of terms and rates. Minimum loan amount is $5,000 with terms of up to 20 years. Other terms and multiple rates available. Apply Now – Contact Us |
![]() |
No Closing Cost Our TRUE No Closing Cost Home Equity Loan features no hidden fees and no crazy disclosures that result in significantly higher payments. Apply Now – Contact Us |
Applying for a Space Coast Credit Union Home Equity Loan is fast and easy!
-
By Phone
Call our Express Services Associate team 24 hours a day, 7 days a week
Brevard: 321–752–2222, option 3
Toll Free: 800–447–7228, option 3
-
Online
Apply online 24 hours a day, 7 days a week with our easy online application.
-
At In Person
Contact one of our award-winning Home Loan Representatives and set up and appointment at any of our SCCU branches.
*APR is Annual Percentage Rate. Rate current at time of printing and subject to change. Your interest rate will be based on the available equity in your home, the amount of your loan, your credit history, and product chosen. Other programs, rates, and terms may be available. Approval subject to our usual credit criteria and clear title.
**Optional. Interest accrues from date of contract. Qualified borrowers only.
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.

