Best Credit Union for Mortgages in Wyomissing, PA

Waiting for a home loan to close is an anxious time, but you can minimize the wait and the worry. A credit union offers a personalized touch and competitive rates and terms. The best credit union for mortgages in Wyomissing, PA, is Bellco Federal Credit Union. 

When you are thinking about buying the first residence of your own, upgrading the home you have, or refinancing your current mortgage, Bellco FCU can provide the right lending package for your financial present and future. We provide superior rates, individualized terms, and exceptional customer service. 

One of the ways that we flexibly meet customer demands is to offer both a 15- and 30-year fixed rate home loan. A mortgage of this type will have the same interest rate throughout the loan term. The payment amount will stay the same each month. For those who plan to keep their home for a long period of time, this loan is an excellent option.

An Adjustable Rate (ARM) home loan is an alternative to fixed rate mortgages. The initial interest rate is usually lower than that of a fixed rate mortgage, but the payment can rise with interest rates. Home buyers shouldn’t be short-sighted when they consider this mortgage option. 

Bellco FCU also proudly offers VA, FHA, and USDA home loans. These mortgage products often feature lower rates than traditional home loans since they’re backed by governmental agencies. Members who qualify can benefit from the great features they have to offer, and our helpful staff can easily answer any questions and provide assistance throughout the process. 

Ownership Matters

Since we are owned by members instead of shareholders, we are driven by community enhancement rather than profits. For this reason, potential home buyers here at Bellco FCU can find fewer closing costs, better rates, and lower fees. 

Bellco Federal Credit Union also offers greater flexibility and a personal touch. A fellow community member will make your loan decisions. We process all loans in-house, locally.

Access Matters

A common criticism of credit unions is a perceived lack of access. While Bellco Federal Credit Union has just two branches, access to accounts isn’t limited. Throughout the nation, the network of participating credit unions provides access at over 5,600 locations and thousands of fee-free ATMs. 

Easy Membership Matters

Another commonly held criticism concerning credit unions is the assumed difficulty involved with becoming a member. 

Becoming a member of Bellco Federal Credit Union isn’t an arduous process. All that’s required is that you meet eligibility standards and open a primary savings account with a minimal $5 deposit. If your place of employment, school, place of worship, or home lies within Berks County, PA, you’re eligible. If you have an immediate family member who is already a member, you are eligible as well. 

Another assumption about credit unions is the danger of changes in ownership or closure, causing problems with a mortgage. In fact, traditional banks are more likely to sell your loan product to another lender. Consider the history of Bellco FCU and rest assured that you can count on us for the long-term.

Bellco Federal Credit Union is the best credit union for mortgages in Wyomissing, PA. When you’re planning to buy a home or refinance, be sure to consider the benefits of using a credit union for your mortgage products.