Online Banking 
 
Enroll in Online Banking
  • Space Coast Credit Union - Banking that Protects Your Future Now

Loan, Credit Card & Deposit Rates



Effective date July 2, 2015
Term Rate APR*
10 Year Fixed 3.125% 3.336%
15 Year Fixed - Purchase 3.250%   3.396%
15 Year Fixed - Refinance 3.250% 3.396%
20 Year Fixed 4.125% 4.241%
30 Year Fixed - Purchase 4.125%  4.209%
30 Year Fixed - Refinance 4.375%  4.460%
*APR = Annual Percentage Rate. Rates are subject to change without notice.
  •  Important Terms and Conditions

     

      Loan Amount Interest Rate APR Term Monthly Payment
      200,000 3.125% 3.336% 10 Year Fixed $1,942.78
      200,000 3.250% 3.396% 15 Year Fixed - Purchase $1,405.34
      200,000 3.250% 3.396% 15 Year Fixed - Refinance $1,405.34
      200,000 4.125% 4.241% 20 Year Fixed $1,225.17
      200,000 4.125% 4.209% 30 Year Fixed - Purchase $969.30
      200,000 4.375% 4.460% 30 Year Fixed - Refinance $998.57

       

      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, including but not limited to creditworthiness, property type, and loan to value ratio.  These estimates do not include amounts for taxes or mortgage insurance premium, and as a result the actual payment may be higher.

      Fixed Rate Mortgage loans are originated by Space Coast Credit Union, and are subject to credit approval, verification and collateral evaluation. These mortgage loan programs constitute first mortgage liens secured by the home and property. The down payment is determined by the Loan to Value ratio. (90% LTV = 10% down payment) Loans exceeding 80% of the appraised value of the home require private mortgage insurance. Member responsible for any funds needed for closing costs and pre-paid escrow. 

      Proof of home owner's insurance sufficient to cover all outstanding mortgages, including your SCCU equity loan will be required. Certain restrictions may apply. 

 


Construction Loans


Effective date July 2, 2015
Term Rate APR*
10 Year Fixed 3.500% 3.713%
15 Year Fixed 3.625% 3.772%
20 Year Fixed 4.500% 4.618%
30 Year Fixed 4.500% 4.586%
*APR = Annual Percentage Rate. Rates are subject to change without notice.
  •  Important Terms and Conditions

     

      Loan Amount Interest Rate APR Term Monthly Payment
      200,000 3.500% 3.713% 10 Year Fixed $1,977.72
      200,000 3.625% 3.772% 15 Year Fixed $1,442.07
      200,000 4.500% 4.618% 20 Year Fixed $1,265.30
      200,000 4.500% 4.586% 30 Year Fixed $1,013.37

       

      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, including but not limited to creditworthiness, property type, and loan to value ratio.  These estimates do not include amounts for taxes or mortgage insurance premium, and as a result the actual payment may be higher.

      Construction Loans are originated by Space Coast Credit Union, and are subject to credit approval, verification and collateral evaluation. These mortgage loan programs constitute first mortgage liens secured by the home and property. The down payment is determined by the Loan to Value ratio. (90% LTV = 10% down payment) Loans exceeding 80% of the appraised value of the home require private mortgage insurance. Member responsible for any funds needed for closing costs and pre-paid escrow. 

      Rates subject to change without notice. Proof of home owner's insurance sufficient to cover all outstanding mortgages, including your SCCU equity loan will be required. Certain restrictions may apply.
       

 

Jumbo Mortgages


Effective date July 2, 2015
Jumbo Loans Rate APR*
10 Yr Fixed 3.250% 3.462%
15 Yr Fixed 3.125% 3.270%
20 Yr Fixed 4.000% 4.116%
30 Yr Fixed 4.000% 4.083%
*APR = Annual Percentage Rate. Rates are subject to change without notice.
  •  Important Terms and Conditions

     

      Loan Amount Interest Rate APR Term Monthly Payment
      500,000 3.250% 3.462% 10 Year Fixed $4,885.95
      500,000 3.125% 3.270% 15 Year Fixed $3,483.05
      500,000 4.000% 4.116% 20 Year Fixed $3,029.90
      500,000 4.000% 4.083% 30 Year Fixed $2,387.08

       

      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, including but not limited to creditworthiness, property type, and loan to value ratio.  These estimates do not include amounts for taxes or mortgage insurance premium, and as a result the actual payment may be higher.

      Jumbo Mortgages are originated by Space Coast Credit Union, and are subject to credit approval, verification and collateral evaluation. These mortgage loan programs constitute first mortgage liens secured by the home and property. The down payment is determined by the Loan to Value ratio. (90% LTV = 10% down payment) Loans exceeding 80% of the appraised value of the home require private mortgage insurance. Member responsible for any funds needed for closing costs and pre-paid escrow. 

      Rates subject to change without notice. Proof of home owner's insurance sufficient to cover all outstanding mortgages, including your SCCU equity loan will be required. Certain restrictions may apply.

 

FHA Mortgages


Effective date July 2, 2015
Term Rate APR*
FHA 30 Yr Fixed 4.000% 4.083%
*APR = Annual Percentage Rate. Rates are subject to change without notice.
  •  Important Terms and Conditions

     

      Loan Amount Interest Rate APR Term Monthly Payment
      200,000 4.000% 4.083% 30 Year Fixed $954.83

       

      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, including but not limited to creditworthiness, property type, and loan to value ratio.  These estimates do not include amounts for taxes or mortgage insurance premium, and as a result the actual payment may be higher.

      FHA Mortgages are originated by Space Coast Credit Union, and are subject to credit approval, verification and collateral evaluation. These mortgage loan programs constitute first mortgage liens secured by the home and property. The down payment is determined by the Loan to Value ratio. (90% LTV = 10% down payment) Loans exceeding 80% of the appraised value of the home require private mortgage insurance. Member responsible for any funds needed for closing costs and pre-paid escrow. 

      Rates subject to change without notice. Proof of home owner's insurance sufficient to cover all outstanding mortgages, including your SCCU equity loan will be required. Certain restrictions may apply.

 

VA Mortgages


Effective date July 2, 2015
VA Loans Rate APR*
VA 15 Yr Fixed 2.875% 3.019%
VA 30 Yr Fixed 4.000% 4.083%
   *APR = Annual Percentage Rate. Rates are subject to change without notice.
  •  Important Terms and Conditions

     

      Loan Amount Interest Rate APR Term Monthly Payment
      200,000 2.875% 3.019% 15 Year Fixed $1,369.17
      200,000 4.000% 4.083% 30 Year Fixed $954.83

       

      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, including but not limited to creditworthiness, property type, and loan to value ratio.  These estimates do not include amounts for taxes or mortgage insurance premium, and as a result the actual payment may be higher.

      VA Mortgages are originated by Space Coast Credit Union, and are subject to credit approval, verification and collateral evaluation. These mortgage loan programs constitute first mortgage liens secured by the home and property. The down payment is determined by the Loan to Value ratio. (90% LTV = 10% down payment) Loans exceeding 80% of the appraised value of the home require private mortgage insurance. Member responsible for any funds needed for closing costs and pre-paid escrow. 

      Rates subject to change without notice. Proof of home owner's insurance sufficient to cover all outstanding mortgages, including your SCCU equity loan will be required. Certain restrictions may apply.

 

Adjustable Rate Mortgage Loans

Adjustable Rate Mortgages


Effective date July 2, 2015
Term Rate APR*
5/1 Adjustable Rate 2.875% 2.953%
*APR = Annual Percentage Rate. Rates are subject to change without notice.
  •  Important Terms and Conditions

     

      Loan Amount Interest Rate APR Term Monthly Payment
      200,000 2.875% 2.953% 5 Years $829.79
      200,000 4.875% 5.093% 5 Year Max $2,109.11
      200,000 7.875% 7.980% 6 - 30 Years $1,450.14

       

      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, including but not limited to creditworthiness, property type, and loan to value ratio. .  These estimates do not include amounts for taxes or mortgage insurance premium, and as a result the actual payment may be higher.

      Rates are based on an evaluation of credit history, so your rate may differ. 

      Adjustable Rate Mortgages are variable and your annual percentage rate may increase after the original fixed rate period.  Treasury Indexed ARM Interest and payment adjustment may occur every 12 months after  the initial fixed rate period and may not increase or decrease more than 2.0% at each twelve-month adjustment. The interest rate cannot increase more than 5% over the term of the loan. When the APR adjusts, your new APR will be the then current index plus a margin of 2.75% round to the nearest 1/8%, as long as it does not exceed the 2% adjustment cap. The current index is the rate of the 1 year constant maturity Treasury bill. 

 


Home Equity Loans


Adjustable Rate 2nd Mortgage (Lines of Credit)


LTV up to and including 80%
Term 12 Month Intro Rate Thereafter APR 'as low as'*
7 year draw / 7 year repayment period 1.990% 3.000%
10 year draw / 10 year replayment period 3.750% 3.750%
*APR = Annual Percentage Rate. Rates are subject to change without notice.
 
  •  Important Terms and Conditions

     

       

      Special Introductory HELOC Rate valid for 12 months.  Thereafter, the Home Equity Lines of Credit will have a Variable Rate feature as described below.

      Principle and Interest HELOC

      As low as Prime – 0.50% w/floor (minimum rate) of 3.00% ceiling (maximum rate) of 18.00%

      Prime today is 3.25 %

      Term: 14 years, first 7 years you may draw against/utilize the credit line similar to that of a credit card and are required to make minimum monthly payments equal to 1.5% of your outstanding balance. During these first 7 years, like a credit card, as you pay your outstanding balance you available credit will be replenished and may be drawn against/utilized again. Your available credit equals maximum credit line minus total outstanding balance. During the final 7 years you may no longer draw against/utilize the credit line. Whatever balance remains at the end of the first 7 years must be paid in monthly installments that are amortized over 7 years at the current interest rate. The interest rate is still variable, thus monthly payments will vary depending on the current interest rates. However, as an option you may refinance to renew your credit line or convert to a fixed home equity loan.

      Interest Only HELOC

      As low as Prime +0.25% w/floor (minimum rate) of 3.75 ceiling (maximum rate) of 18.00%

      Prime today is 3.25%  

      Term: 20 years, first 10 years you may draw against/utilize the credit line similar to that of a credit card and are required to make minimum monthly payments equal to accrued monthly interest determined by the current interest rate and your outstanding balance. During these first 10 years, if you choose to pay more than your interest only payment, thus lowering your outstanding balance, like a credit card, your available credit will be replenished and may be drawn against/utilized again. Your available credit equals maximum credit line minus total outstanding balance. During the final 10 years you may no longer draw against/utilize the credit line. Whatever balance remains at the end of the first 10 years must be paid in monthly installments. Payments include principle and interest and are amortized over 10 years at the current interest rate. The interest rate is still variable, this monthly payments will vary depending on the current interest rates. However, as an option you may refinance to renew your credit line or convert to a fixed home equity loan.

      Your interest rate will be based on the available equity in your home, the amount of your loan, your creditworthiness, and product chosen. Other programs, rates, and terms may be available. Approval subject to our usual credit criteria and clear title. Certain restrictions may apply. 

 

Fixed 2nd Mortgages


LTV up to and including 80% ($5,000 to $25,000)  Rates as low as
Term Rate APR 'as low as' *
0 to 60 Months 4.500% 4.500%
61 to 120 Months 5.250% 5.250%
121 to 180 Months 5.750% 5.750%
181 to 240 Months 6.990% 6.990%
LTV up to and including 80% ($25,000 and over)  Rates as low as
Term Rate 'as low as' * APR 'as low as' *
0 to 60 Months 3.750% 3.750%
61 to 120 Months 4.250% 4.250%
121 to 180 Months 4.750% 4.750%
181 to 240 Months 5.990% 5.990%
*APR = Annual Percentage Rate. Rates are subject to change without notice.
 
  •  Important Terms and Conditions

     

      Loan Amount Interest Rate APR Term Monthly Payment
      $25,000 4.500% 4.500% 0 to 60 months $466.08
      $25,000 5.250% 5.250% 61 to 120 months $268.23
      $25,000 5.750% 5.750% 121 to 180 months $207.60
      $25,000 6.990% 6.990% 181 to 240 months $193.68
      Loan Amount Interest Rate APR Term Monthly Payment
      $50,000 3.750% 3.750% 0 to 60 months $915.20
      $50,000 4.250% 4.250% 61 to 120 months $512.19
      $50,000 4.750% 4.750% 121 to 180 months $388.92
      $50,000 5.990% 5.990% 181 to 240 months $357.93

       

      Your actual 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 is subject to our usual credit criteria and clear title.  Proof of home owner's insurance sufficient to cover all outstanding mortgages, including your SCCU equity loan will be required. Some restrictions may apply. 

 

Interest Only 2nd Mortgages (Lines of Credit)


  • SCCU Routing Number: 263177903
  •  
  •  
  •  
  •  
 

Space Coast Credit Union membership is open to all who work or live in Brevard, Broward, Flagler, Indian River, Martin, Miami-Dade, Monroe, Orange, Osceola, Palm Beach, Seminole, St. Johns, St. Lucie, or Volusia Counties in Florida.
*APR = Annual Percentage Rate. ^APY = Annual Percentage Yield.

  • Brevard: 321-752-2222
  • Broward: 954-704-5000
  • Miami-Dade: 305-882-5000
  • All Other Areas: 800-447-7228

Space Coast Credit Union (SCCU) © 2015

Attention

YOU ARE LEAVING THE SPACE COAST CREDIT UNION WEBSITE

You are being directed to www.samplesite.com, a website not operated by SCCU. SCCU is not responsible for the content of the alternate website. SCCU does not represent either the third party or the member if the two parties enter into a transaction. Privacy and security policies may differ from those practiced by SCCU.

Would you like to continue?

  

Member Rewards

Member Rewards is an exclusive Space Coast Credit Union program that provides benefits such as free or discounted services based on your level of participation in the credit union.

  • Gold members may order one FREE box of SCCU logo checks per year.
  • Platinum members may order unlimited FREE boxes of SCCU Exclusive Style checks (one box at a time).
Learn more about the Member Rewards program.