15-Year Mortgage Fleetwood, PA

If you are looking for a way to save substantially on interest and build equity quickly in your Fleetwood, PA home, consider a 15-year mortgage from Bellco Federal Credit Union.

Why Choose Bellco FCU?

Before you visit local banks to research mortgage loans, consider the benefits of joining Bellco Federal Credit Union, which include better rates, lower fees, and personalized service.

Originally called the Bell Telephone Credit Union, Bellco FCU, a member-owned, not-for-profit federal credit union, opened its doors in 1938 and continues to provide unique financial products and services to individuals and small businesses in Berks County.

In comparison to traditional banks, Bellco FCU is able to offer lower rates on loans and credit cards, higher rates on savings, and fewer fees for checking accounts and other convenient services.

Bellco FCU offers membership to people who live, work, worship, or attend school in Berks County, including immediate family members, such as your spouse, children, siblings, and parents. 

By opening a Primary Member Savings Account with as little as $5 and following a few simple steps, you can become a member. And, once you join Bellco FCU, you will be able to remain a member for the rest of your life, even if you change jobs, retire, or move away from Berks County. 

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.

Whether or not a 15-year mortgage is best for you is something you should discuss with the loan experts at Bellco FCU. Once you consider all of the factors, you may find that you qualify for a VA or FHA 15-year mortgage with better rates and terms.                                                                                                                                                             

Find the right mortgage in Fleetwood, PA, whether a 15-year mortgage or a 30-year mortgage, at Bellco FCU. We have the tools, information, and expertise to help you make the right decisions. Contact us today to learn more!