An important message regarding SDCCU’s Strong and Well-Capitalized Financial Position, Market Strength and Diversification. Learn more>>
An important message regarding SDCCU’s Strong and Well-Capitalized Financial Position, Market Strength and Diversification. Learn more>>

Home Loan Mortgages

Low fixed rate & adjustable rate mortgage home loans


Looking to buy a new home? San Diego County Credit Union mortgages are perfect for you! As a mortgage lender, SDCCU offers low rate conforming and jumbo home loans in San Diego and throughout California. Our low fixed rate and adjustable rate home loans offer low monthly payments and low down payments. You can even take advantage of the No Closing Costs 5/5 Adjustable Rate Mortgage!¹ Learn more about our mortgage lending solutions below.

45-day rate lock

Lock in your low rate

Low Down Payments

Low down payments

Low Rates

Fixed Rate & Adjustable Rate

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BEST Mortgage/Home Loan Provider

San Diego Union-Tribune Readers Poll

Pick your home loan solution

SDCCU offers several home mortgage loans available to first-time homebuyers or current homeowners who live in Southern California. As a trusted mortgage lender, we want to ensure you find the home loan perfect for you, at the rate you deserve! If you have already started a home mortgage application, you can resume or access your saved application.
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No Closing Costs Home Loan*

The No Closing Costs 5/5 Adjustable Rate Mortgage provides flexibility and stability as a first-time homeowner or as a current homeowner. Your housing mortgage rate can only change once every 5 years with a maximum adjustment of 2% and the maximum cap is 5% over the life of the loan! Ask about our No Closing Cost Home Mortgage Loans.

  • Fixed rate for the first 5 years, then may adjust once every 5 years
Rate Calculator Apply Online
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couple in their new home bought with sdccu fixed rate mortgage loan

Fixed Rate Mortgage Loans

Your payment is fixed for the life of the home mortgage loan. Monthly budgeting is easy and affordable, since you will always pay the same amount even if interest rates increase.

  • Minimum home loan amount: $50,000
Rate Calculator Apply Online
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Adjustable Rate Mortgages (ARM)

The Adjustable Rate Mortgages program provides a fixed mortgage lending rate for the first 5 or 7 years. After that, the interest rate becomes variable and can fluctuate. Adjustable rate home loans allow you to afford more home and are best for homebuyers who are not planning on keeping their home long-term or plan to refinance.

  • Fixed rate for first 5 or 7 years, then may adjust annually
  • Minimum home loan amount: $50,000
Rate Calculator Apply Online
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Jumbo Home Loans

If you are thinking big for your next home, a jumbo loan from San Diego County Credit Union can provide you with a larger loan to help you with your next purchase. A jumbo loan is often used when you need a home loan larger that the conforming loan limit in your area. SDCCU’s jumbo loans offer competitive rates and flexible down payment options whether you plan to purchase or refinance your home.
  • Competitive fixed or adjustable jumbo loan rates
Rate Calculator APPLY ONLINE

Subject to approval.

*No Closing Costs offer available for owner occupied primary residential and second home purchases, properties owned free and clear and external (non-SDCCU) refinance only. Refinance and second home refinancing not available on Power Purchase loans. Existing SDCCU home loans may be refinanced to the 5/5 ARM but are not eligible for the No Closing Costs offer. SDCCU will pay your closing costs including but not limited to: lender’s title insurance, title services, appraisal, tax service, credit report, flood certification and recording fees.  Paid closing costs do not include pre-paid interest, rate lock extension, rate re-lock, rate float down, homeowners insurance, initial escrow deposit, owner’s title insurance, or city and/or county transfer tax. Borrower may select escrow and/or title company. Other restrictions may apply. Reimbursement of closing costs: If the loan is paid off within 36 months of origination, a prorated amount of closing costs will be added to the loan payoff amount.

Home Mortgage Tools & Services

Buying a new home can be one of the most important purchasing decisions you can make. With so much information out there, it can be overwhelming for those who are unfamiliar with the home buying process. When it comes to home loans and housing rate assistance, San Diego County Credit Union has you covered. Take advantage of these helpful tools below, that were created by our financial experts, or contact one of our branches to speak with a banking expert over the phone or in person!


Frequently asked questions

Home Loan FAQs

  • How do I apply for a home loan?
    You can apply for a SDCCU home loan online, by visiting any of our branch locations or by calling us at (877) 732-2848. You can apply to refinance your mortgage or apply to purchase a new home through any of these options.
  • What credit score do I need to qualify for a home loan?
    Your credit score is one of several factors that determine qualification for a home loan. Other factors that are considered include debt to income ratio, how well you have managed prior credit and length of credit history. There may be steps you can take to improve your credit score. To learn more about credit management and understanding your credit report, try our free credit counseling service.
  • Can I get a home loan with bad credit?
    While your credit score is one of several factors that determine qualification for a home loan, it is an important measure of credit risk. If you have a poor credit profile, you may want to consider taking the time to build your credit and strengthen your personal finances before purchasing a home. If you have not done so already, check your credit report for any incorrect or outdated items. If there’s any erroneous information that’s bringing down your score, contact the credit reporting company as soon as possible to have errors removed or disputed. We encourage our customers to speak with one of our home loan experts to help determine the next steps and best course of action to secure a home loan. To learn more about credit management and understanding your credit report, try our free credit counseling service.
  • When is the best time to refinance a home loan?
    To determine if refinancing is right for you call one of SDCCU’s loan experts to help determine what loan programs best fit your financial needs or try one of our mortgage loan calculators, they can help you determine how much you might save from refinancing your home loan with SDCCU . You can contact a SDCCU home loan specialist by calling us or visiting a branch location.
  • How do I get the best rate for a home loan?
    Many factors determine your interest rate but being financially responsible and making your payments on time will have a positive impact on your credit score which helps determine your interest rate. Make sure to check your credit report for any incorrect or outdated items along with any erroneous information that is bringing down your score. Contact the credit reporting agency right away to start the process of having the errors removed or disputed.
  • How do mortgages work?
    When you take out a mortgage, it means you are borrowing money to purchase a home. You make a promise to the lender to pay back the money you borrowed, plus the agreed upon interest and will be required to pay each month based on the terms within your loan documents. Remember your home is used as “collateral,” which means you have agreed with your lender to allow a lien against your home and if you fail to abide by the terms of your mortgage, your lender has certain rights to make sure the obligation is satisfied.
  • What is a fixed rate mortgage?
    A fixed rate mortgage is a home loan that has an interest rate that doesn’t change. That means your interest rate won’t increase or decrease over the life of the loan. Your payment is the same each month, making it easier to budget for. A fixed rate mortgage is one of the two most common home loan options.
  • What are adjustable rate mortgages (ARM)?
    With an adjustable-rate mortgage, the initial interest rate is fixed for a period of time generally 1, 3, 5, 7 or 10 years depending on the loan you select. After this initial period of time, the interest rate can change periodically, at yearly intervals or in some cases every 5 years. The interest rate for an ARM is reset based on a benchmark or index, plus an additional spread called a margin. Your rate will be determined by adding the margin and the index. ARMs typically have lower starting rates which can help lower your payments or allow you to qualify for a higher loan amount.
  • What is a jumbo loan?
    The Fair Housing Finance Agency sets limits for home loan amounts. These loan limits vary from county to county. If you are below the set limit it is known as a conforming loan and when your loan amount exceeds these limits set by the FHFA your loan is considered a high balance or jumbo loan. In some cases a jumbo loan may require a larger down payment or have different credit requirements. SDCCU provides many jumbo loan programs that can help with your financing needs up to $3 million.
  • What is a mortgage lender?
    A mortgage lender is an entity, typically a financial institution like a bank or credit union, which offers financing, known as a mortgage loan, for the refinance or purchase of a home or real estate.

More products for more occasions

Whether you’re buying your first home, refinancing your car, or simply looking for investment advice, we have the products and services you need to get going.