Lending for Homebuyers in Sinking Spring, PA

Home ownership is a goal worth having, but it’s also a huge commitment. You’re obligating yourself to repay a large amount of money in addition to taking care of your investment. To find the best lending for homebuyers in Sinking Spring, PA, take advantage of the services of Bellco Federal Credit Union.

Bellco Federal Credit Union provides all the benefits of a bank without the profit motivation. Our members are the credit union, and each member has a say in our operations. Our goal is to improve the community, one individual and business at a time. We started in 1938 as Bell Telephone Credit Union and have continued providing financial tools and service to those who live and work in Berks County.

Bellco FCU offers effective ways to manage your money. Checking and savings accounts with few fees, loans with better terms and rates, and all the modern conveniences of the digital world come with membership into our family. Give us a call for a friendly, professional solution to your financial obstacles. 

Purchasing real estate can be a complicated endeavor. The broad array of financial products available through Bellco Federal Credit Union makes it possible to provide every potential homeowner with a customized loan product.

Affordable Mortgage Options

Fixed-Rate Home Loan

A fixed-rate home loan has a set period of time for repayment along with a set interest rate that won’t change. Your payment and your mortgage repayment schedule will be predictable.

Adjustable-Rate Home Loan

An adjustable-rate mortgage begins with a low interest rate for a specified period of time, after which the interest rate fluctuates based upon the prime rate. The initial rate is often lower than other fixed-rate mortgage options.

VA Mortgages

VA home loans are a key benefit of military service. Buyers with less-than-perfect credit and limited funds available for down-payment can still become homeowners. The United States Department of Veterans Affairs backs these loans, which are eligible to help the following homebuyers:

  • Active duty military

  • Military reservists

  • Eligible veterans

  • Some widowed spouses

FHA Mortgages

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 or fixed-rate mortgages and are available for both purchases and refinances.

Becoming Part of Bellco FCU

You are eligible to join Bellco FCU if:

• You live, work, worship, or attend school in Berks County, PA

• You are in the immediate family (spouse, parents, children, siblings, grandparents) of a Bellco FCU member, no matter where you live

Open a Member Savings account with as little as $5, and establish your membership in a few simple steps. This is not a fee; it is a share in the credit union and provides you with voting rights and a say in any decisions we make. 

Even if you leave your current employer, retire, or move away, you can remain a Bellco FCU member for life. You will have access to your accounts from anywhere by mail, phone, fax, online and at thousands of ATMs across the nation.

The best option homebuyers have for lending in Sinking Spring, PA, is to reach out to Bellco Federal Credit Union. Our plethora of choices makes it possible to pair the best financial product for your budget, your family, and your chosen property.