Best Mortgage Lenders in Berks County, PA
As one of the best mortgage lenders in Berks County, PA, Bellco Federal Credit Union is committed to helping your family build a secure financial future.
Bellco FCU is a member-owned, not-for-profit federal credit union. Since 1938, when we were known as the Bell Telephone Credit Union, we have provided unique financial products and services to individuals and small businesses in Berks County.
As a member of Bellco FCU, you are a part of a not-for-profit organization that values people over profits. Profits earned by the credit union 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.
Whether you’re ready to purchase your first home or want to upsize, downsize or refinance, we offer mortgage options that are right for you, with competitive rates and flexible terms:
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 (ARM): Adjustable rate mortgages have an introductory interest rate that lasts for a specified time period and then adjusts up or down every year for the remaining time period.
FHA: 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.
VA: VA home mortgages are backed by the U.S. Department of Veterans Affairs to help eligible veterans, reservists, active-duty service members, and some surviving spouses purchase a primary residence by offering excellent mortgage terms that most conventional and FHA mortgages cannot match.
USDA: USDA Rural Housing loans are backed by the US Department of Agriculture and, when borrowers meet the income requirements, can be a great home financing option, with lower rates than conventional mortgages and other government-backed mortgages, such as FHA and VA home loans.
How to Join Bellco FCU
If you live, work, worship, or go to school in Berks County, PA, simply open a Member Savings account with as little as $5, and establish your membership in a few simple steps.
You are also eligible to join if you are an immediate family member (spouse, parents, children, siblings, grandparents) of a Bellco FCU member, no matter where you live.
No matter if you leave your current employer, retire, or move out of the area, you’ll be able to remain a Bellco FCU member for life and can access your accounts from anywhere by mail, fax, telephone, online and at thousands of ATMs across the nation.
Our team will work with you to make sure you get the home loan that’s right for you and your budget. Contact us today to learn more!