We invite you to compare SCCU’s No Closing Cost Loans to other lenders. We’ve read through their small print, so you don’t have to! |
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| Lender | Lowest Advertised Rate | The Catch |
| Bank of America BankofAmerica.com, 07/03/2007 |
Term Loan: 7.74%APR | Requires automatic payments and additional accounts, or rate increases by 0.50%. |
| SunTrust SunTrust.com, 07/03/2007 |
Term Loan: 7.74%APR | Requires a qualifying deposit relationship and a qualifying mortgage from SunTrust Mortgage, or rate increases up to 0.50%. |
| AmSouth AmSouth.com, 07/03/2007 |
Term Loan: 7.40%APR |
Closing costs are only covered when an additional 0.50% - 1.00% is added to the rate. |
| SCCU | 7.24%APR* | 7.24%APR* |
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^Space Coast Credit Union pays all closing costs on term loans up to $250,000. Minimum loan amount $20,000. A cancellation/low balance fee may be assessed if the loan is cancelled or falls below a set amount during the first three years. Please call for additional details. * 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.
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