Mortgage Loans for Home Refinancing


Refinance your mortgage loan with Space Coast Credit Union and you could save thousands of dollars in interest!  Lowering your interest rate wouold enable you to enjoy more affordable monthly payments or even pay off your mortgage sooner if that is your goal.  Our mortgage experts can help you find a refinance loan that fits your needs.

Refinancing: Types of Mortgage Loans


Product Name Benefits Features Recommended For
Conventional Fixed Rate Mortgage Refinance with this "traditional" type of loan that maintains its original interest rate throughout the entire life of the mortgage loan.

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You want to refinance to a loan that won’t fluctuate with market rates. APPLY NOW
Adjustable Rate Mortgage An adjustable rate home loan provides an initial fixed rate that adjusts after a stated time period with lower initial monthly payments. 

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You prefer to refinance to a loan with payment stability and lower monthly expense. APPLY NOW
FHA Mortgage Loan Mortgage home loan refinance backed by mortgage insurance from the Federal Housing Administration, and provided by FHA-approved lenders like SCCU.  

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You want to refinance your existing loan to lower your premiums. APPLY NOW
HARP Mortgage Loan Home Affordable Refinance Program (HARP) loans provide borrowers with declining home values the ability to refinance their mortgages into a lower interest rate or more stable mortgage product.

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  • Available only for qualified loans only; no closing cost option available
  • Mortgage Rates
Your loan was sold to Fannie Mae or Freddie Mac and other refinancing options are not available. APPLY NOW
Jumbo Loan A higher mortgage refinancing option for loans larger than the conventional limit of $417,000.

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Your mortgage loan refinancing needs are greater than conventional loan limits. APPLY NOW
Second Home Loan/Investment Home Loan Low cost refinancing for income producing properties or secondary residences.

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You need to refinance a loan for a non-primary residence. APPLY NOW
Manufactured Home Loan Specialty loans designed for manufactured homes and residences.

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You want to refinance a manufactured home. APPLY NOW

All SCCU Mortgage Loans Feature


  • Fast application process by phone or online, with no application fee. Plus, onsite underwriters for fast decision times.
  • Our exclusive interest-rate guarantee!1 You can relax knowing that if our rates have dropped when it's time to close, we'll pass on the savings!
  • Quick closings with our On-Time Mortgage Closing Guarantee! We'll close your loan in 30 days or less or you receive $1,0002
  • Low rates and closing costs
  • Up to 95% Financing3
  • SCCU servicing for the life of your loan
  • Free Online Banking & Mobile Banking
  • Free Account Alerts to help you manage your accounts


Mortgages: Mortgage loans are originated by Space Coast Credit Union, and are subject to credit approval, verification and collateral evaluation. Programs, offers, rates, terms, and conditions are subject to change or cancellation without notice. Certain restrictions apply. 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. Loan to value limits and private mortgage insurance requirements do not apply to HARP loans.

1Mortgage Interest Rate Guarantee: If your SCCU quoted rate is lower at 12:00pm five days prior to closing and the interest rate lock-in has not expired, SCCU will reduce your rate to the lower rate automatically. Rate guarantee is void if there is a change in property, loan program, loan term, or adjustments to interest rate based on credit score. Other conditions apply, contact SCCU for details.

2On Time Closing Guarantee: Space Coast Credit Union (SCCU) will close your loan within 30 days from the date our application is signed (or date specified in the purchase contract, whichever is greater), or the borrower will receive $1,000 in the form of a closing cost credit. Closing Guarantee applies to conventional purchase loans where the loan to value (LTV) is 90% or less. Closing Guarantee does not apply to jumbo loans, FHA loans, construction loans, short sale purchases, refinances, or commercial mortgages. Additional restrictions apply. Click here for full details.

3Mortgage Down Payment: Conditions apply. Program applies to primary residence, single family detached homes in good condition and condos meeting program conditions. 5% down payment must come from member's own funds. Contact SCCU for complete details.
  • SCCU Routing Number: 263177903
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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.

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

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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.