Mortgage Lenders in Wyomissing, PA

Buying a home is a significant financial milestone whether it’s your first home, your dream home, or a rental investment. Of all the mortgage lenders in Wyomissing, PA, you’ll find that Bellco Federal Credit Union provides impressive rates, flexibility, and customized customer service.

We’re owned and operated by members, and our goal is benefitting those members rather than making profits for shareholders. Since our founding in 1938 as Bell Telephone Credit Union, we have focused on improving the community of Berks County, one citizen and business at a time.

Start with Membership

It’s the members who make up the Bellco Federal Credit Union, and they have a say in all of our operations. You are eligible to join Bellco FCU if you live, work, worship, or attend school in Berks County, PA, or 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.

A Diverse Range of Mortgage Products

Bellco Federal Credit Union offers numerous types of mortgages, and our financial professionals can help you identify the best option for your situation.

A fixed rate mortgage is the most popular home loan in the nation. The term of this loan will generally be either 15 or 30 years. 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.

An adjustable rate mortgage, also known as an 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. 

The FHA home loan is one of the easiest to qualify for because it requires a low down payment and has easier credit guidelines. Loans can be either adjustable-rate mortgages or fixed-rate mortgages and are available for both purchases and refinances.  

A VA home loan is backed by the U.S. Department of Veterans Affairs and is 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.  

USDA rural housing mortgages are supported by the U.S. Department of Agriculture. Borrowers will need to meet some requirements concerning income, but this type of loan typically offers better rates than FHA or VA mortgages. 

If you have plans to purchase a home, mortgage lenders in Wyomissing, PA offer a plethora of home loan options. Bellco Federal Credit Union offers locally based decisions and processing, friendly service, and can make your experience surprisingly simple, from beginning to end.