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There are many mortgage lenders, but Bellco Federal Credit Union has the tools, information and expertise to help you make the best decisions on financing your Wyomissing, PA property.

Bellco FCU is a member-owned, not-for-profit federal credit union.  Originally known as the Bell Telephone Credit Union, we opened our doors in 1938 and continue to offer unique financial products and services to individuals and small businesses in Berks County.

As a member of Bellco FCU, you are a part of an organization that values people over profits. The profits we earn are returned to members in the form of benefits and services. As a result, our members enjoy greater access to free or discounted services, higher savings rates and lower loan rates compared to most for-profit banks and financial institutions.

Membership is available to individuals who live, work, worship, or attend school in Berks County, including immediate family members, such as a spouse, children, siblings and parents. Open a primary Member Savings account with as little as $5 and follow a few simple steps to become a member.

APPLY TO JOIN TODAY

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Affordable Mortgage Options

Whether you are buying your first home or upsizing, downsizing or interested in refinancing your current mortgage, Bellco FCU offers a variety of mortgage options on primary residences, vacation homes, and investment properties with competitive rates and flexible terms, including:

Fixed rate: A fixed-rate mortgage has a fixed interest rate for the entire term of the loan, typically 15 or 30 years. Since the interest rate is locked in, your payment will be the same every month. A fixed rate mortgage is an excellent choice if you plan to live in your home for many years and want the security of a monthly principal and interest payment that won’t change.

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: An FHA mortgage is a government-backed mortgage with less stringent down payment and credit requirements than those of conventional home loans.  The initial costs can be significantly lower than other mortgage options. 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.

When you’re ready to learn more, the locally knowledgeable Bellco FCU mortgage experts 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.

Shopping for an affordable mortgage is overwhelming.

If you’re ready to finance your property in Wyomissing, PA, experience the Bellco Federal Credit Union difference!

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