Best Mortgage Lenders

Are you planning to purchase your first home, vacation property, investment real estate, or refinancing an existing home loan? Bellco Federal Credit Union is one of the best mortgage lenders available, able to expedite your purchase for a less stressful experience with better terms.

Bellco Federal Credit Union is a member-owned, nonprofit federal credit union designed to serve Berks County, PA. Initially, we began as Bell Telephone Credit Union in 1938 and have continued the legacy over the near century since. Whatever the financial needs of the citizens and small businesses of Berks County, we strive to meet them with unique products and services.

Buying a Home with the Ideal Mortgage Option

Here at Bellco FCU, homebuyers find many home mortgage solutions!

Traditional 30-Year Mortgage

The most conventional home loan is the 30-Year Mortgage. When you’ve found your forever home, this home loan is ideal. The fixed terms provide a predictable, low payment that will become a regular part of your family’s budget.

15-Year Fixed-Rate Home Mortgage

Consider the 15-Year Fixed-Rate Home Loan from Bellco FCU for higher payments but a shorter repayment period. This loan product is ideal if you plan to stay put for a while and can afford a higher payment. Over the course of the loan, you will incur less interest, and your equity will grow faster.

Adjustable-Rate Mortgage

Before taking out an adjustable-rate mortgage, understand how this home loan works. The mortgage will begin with a specified, often low, interest rate for a specific period. When this introductory period is up, the rate will rise and fall as the prime rate changes. Generally, this mortgage type is cheaper; however, its unpredictability makes budgeting tricky, and when difficult economic times arise, these home loans can be troublesome.

VA Home Loans

If you’re a veteran, active-duty member of the military, member of The Guard or Reserve, or a surviving spouse of a soldier, call to speak with the financial professionals of Bellco FCU regarding VA home mortgages. The Department of Veterans Affairs supports them and offers incredible terms you can’t access with another loan product.

FHA Home Loan

For lower down payments, closing terms, and interest rates, consider qualifying for an FHA mortgage. These mortgage products have the support of the Federal Housing Administration and allow those without the highest incomes or best credit to become homeowners.

Join Bellco Federal Credit Union

With $5 and evidence that you have a qualifying connection to Berks County, PA, open your Bellco FCU Member Savings account to buy into the credit union. Your membership will last throughout your lifetime, and through a connection to you, your family members will have the right to join the credit union. Once you’re a joint member-owner, you’ll have an equal share of voting rights and a voice in our operations.

Qualifying Conditions for Membership:

●     Reside in Berks County;

●     Work for an employer in Berks County;

●     Worship at a faith center in Berks County;

●     Attend a school in Berks County;

●     Have an immediate family member who is a current Bellco FCU member.

For the best mortgage lenders in Berks County, PA, contact Bellco Federal Credit Union. To explore our various home loans, click here or call (610) 373-5192.