Best Credit Union for Mortgages in Berks County

Whether you’re ready to buy your first home or want to upsize, downsize or refinance, you’ll find the best rates and lowest fees at Bellco Federal Credit Union in Berks County, PA.

Bellco FCU is a member-owned, not-for-profit federal credit union. Since 1938, when we were known as the Bell Telephone Credit Union, we have provided unique financial products and services to individuals and small businesses in Berks County. 

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. 

Affordable Mortgage Options

Bellco FCU offers a variety of home loans on primary residences, vacation homes, and investment properties, including:

30-year mortgage: The most popular home loan in the nation offers monthly payments that are more budget-friendly than mortgages with shorter terms. It is a great choice if you plan to live in your home for many years and want the security of a consistent monthly payment that won’t change over the life of your loan.

15-year mortgage: If your budget has room in it for a larger monthly payment, the 15-year fixed rate mortgage provides several advantages. You’ll pay less mortgage interest, build equity faster, and own your home in half the time.

Adjustable rate mortgage: An adjustable-rate mortgage (ARM) features an initial interest rate for a defined term and then fluctuates over the life of the loan, with payments adjusting up or down to reflect the changing rate. The initial rate is often lower than other fixed-rate mortgage options. 

FHA mortgage: This mortgage is one of the easiest to qualify for because it requires a low down payment (typically 3.5%), and has easier credit guidelines. Loans can be either adjustable-rate mortgages or fixed-rate mortgages and are available for both purchases and refinances.

VA mortgage: VA home mortgages are backed by the U.S. Department of Veterans Affairs and are designed to help eligible veterans, reservists, active-duty service members, and some surviving spouses purchase a primary residence. Buyers with less-than-perfect credit and limited funds available for down-payment can still become homeowners.

The mortgage specialists at Bellco FCU have the tools, information, and expertise to help you find a home loan program that is tailored to fit your individual needs. Our goal is to make your home loan experience surprisingly simple, from beginning to end!

As you look for the best mortgages in Berks County, PA, consider Bellco Federal Credit Union. Our locally-knowledgeable loan advisors are here to help you establish an affordable home mortgage to meet your unique needs.