15-Year Mortgage Berks County, PA

If you are looking for a 15-year mortgage loan or another type of mortgage, in Berks County, PA, the locally-knowledgeable loan advisors at Bellco FCU could have you quickly on the road to homeownership.

Bellco FCU is a member-owned, not-for-profit federal credit union that has been offering unique financial products and services to individuals and small businesses in our local communities since 1938.  

Unlike for-profit banks that focus on maximizing profits for their shareholders, we return earnings to members in the form of low-interest rates on loans, high-yield investment accounts, low or no-fee checking and savings accounts, and friendly service. The financial needs of our members are our top priority!

Advantages of a 15-Year Home Mortgage

The main difference between 15 and 30-year mortgages is that 15-year mortgages require higher monthly payments, but you will pay less interest over the loan term, while 30-year mortgages have lower monthly payments, but you will pay significantly more interest over the life of the loan. 

If your budget allows for a larger monthly payment, the 15-year fixed-rate mortgage has several advantages:

  • It builds equity faster

  • You will pay less mortgage interest

  • You may qualify for a lower interest rate

  • You can own your home in half the time

Take advantage of free preapproval from Bellco FCU during which our loan officers will help you explore all available options. We will evaluate your creditworthiness based on your past credit use, debts, assets, and your current income. Then we’ll calculate how much you can afford to borrow and guide you through the process.

Are You Eligible to Join Bellco FCU?

Membership in Bellco FCU is open to individuals who live, work, worship, or attend school in Berks County, PA. Simply open a Member Savings Account with as little as $5, and establish your membership in a few simple steps.

Once you become a member, your spouse, children, siblings, and parents will be eligible to join too and take advantage of competitive rates for mortgages, personal loans, credit cards, and the many other services we offer. 

You can remain a member for life, whether you leave your current employer, retire, or move away. You will be able to access your accounts from anywhere by mail, fax, telephone, online and at thousands of ATMs across the nation.

When you are ready to take advantage of competitive rates and terms on 15-year mortgages in Berks County, PA, get in touch with Bellco FCU to learn more. If you are not already a member, join today and enjoy high rates and rewards and the kind of efficient, friendly service only your credit union can provide.