News & Tips

A Faster, More Flexible Way to Close on Your SCCU Mortgage

Buying or refinancing a home comes with plenty of paperwork, but closing on your mortgage doesn’t have to feel overwhelming. To make the final step of the home loan process more convenient, Space Coast Credit Union offers hybrid closings on our mortgage products.

A hybrid closing blends the convenience of digital document signing with the security and legal requirements of an in‑person closing. It’s designed to save you time, reduce stress, and give you the opportunity to review your documents before you ever sit at the closing table.

What Is a Hybrid Closing?

A hybrid closing is a mortgage closing that combines electronic signing (eSign) for most documents with wet‑ink, in‑person signing for documents that legally require notarization.

With a hybrid closing:

• Non‑notarized documents are signed electronically in advance through a secure online platform.
• Documents requiring notarization, such as the mortgage or deed and the promissory note, are signed in person with a notary.

This approach allows you to complete a large portion of your closing paperwork ahead of time, making the in‑person appointment shorter and more streamlined. In addition, e-consent is required and can also be withdrawn in accordance with E‑SIGN Act (15 U.S.C. §7001–7031).

How Is a Hybrid Closing Different From a Traditional Closing?

In a traditional closing, every document is signed in person, often resulting in long appointments and large paper stacks.

With a hybrid closing:

• You can review and electronically sign most documents before closing day.
• The in‑person portion is focused only on documents that must be notarized.
• Closing appointments are typically much shorter than traditional closings.

Hybrid closings are widely used across the mortgage industry.

What Documents Are Signed Electronically?

During the hybrid closing process, you’ll electronically sign all non‑notarized documents, which may include:

• Disclosures
• Acknowledgments
• Affidavits and other supporting forms

These documents are completed online, usually within 24 hours prior to your scheduled closing date, giving you time to review everything at your own pace.

What Still Requires an In‑Person Signing?

Certain documents must be signed in person because they require notarization. These typically include:

• The mortgage or deed
• The promissory note
• Certain notarized affidavits

For these documents, you’ll meet with a notary arranged by the title company to complete the final portion of your closing.

At this time, SCCU does not permit full Remote Online Notary (RON) closings, which means the notarized portion must be completed in person.

Benefits of a Hybrid Closing

Hybrid closings offer several advantages for today’s borrowers:

1. More Time to Review Documents

By signing most documents ahead of time, you’re not rushed through important paperwork at the closing table. You can review documents carefully and come prepared with questions.

2. Shorter Closing Appointments

Because many documents are already completed, the in‑person signing typically takes 15–30 minutes, depending on the transaction.

3. Convenience Without Sacrificing Security

Hybrid closings use encrypted electronic sign platforms with identity verification and audit trails, while notarized documents are handled with the same security as a traditional closing.

Does a Hybrid Closing Cost More?

SCCU doesn’t charge extra for choosing a hybrid closing.

What Happens After You Sign?

Once both the electronic and wet‑signed documents are completed:

1. The title company returns the full closing package to SCCU.
2. We review all documents and issue funding authorization.
3. The title company disburses funds and records the mortgage.

Is a Hybrid Closing Right for You?

Hybrid closings are ideal for borrowers who want:

• A smoother, more efficient closing experience.
• Time to review documents before closing day.
• A shorter in‑person appointment.

Hybrid closings are not available in all situations and may depend on factors such as the member’s ability to receive electronic documents and participation in hybrid closings of the selected title company. 

If you’re a member who prefers not to sign electronically, a traditional, in‑person closing is available. Simply notify the title company in advance to convert your closing to an in‑person appointment.