Best Mortgage Lenders in Reading, PA

Bellco Federal Credit Union is one of the best mortgage lenders in Reading, PA. We offer flexible terms, features and options that are designed to make getting a mortgage as easy as possible, and will help you make the right decisions every step of the way.

Home Mortgage Solutions

With a wide range of home loan options to choose from, Bellco FCU provides expert guidance so that you can match your current needs to a loan that suits your lifestyle. 

Our mortgage team is prepared to answer all of your questions and verify your eligibility and qualifications.  We can tell you exactly which options are available based on your preferences and circumstances. Then we can determine how much you can borrow and help you meet the requirements to obtain the loan.

Fixed Rate - The 30-year fixed-rate mortgage is the most common and popular home loan option. Monthly payments are typically lower than the payments on shorter-term loans, and the monthly principal and interest payment will remain the same for the entire 30-year loan term.  Fixed-rate mortgages are also available with shorter terms, e.g., 15 years.

Adjustable Rate - An adjustable-rate mortgage (ARM) starts with a fixed interest rate for a specified number of years and then adjusts once per year. If interest rates rise, so will your monthly payment. If they drop, your payment will drop too. The initial rate is often relatively low, and may be lower than that of the 30-year fixed-rate mortgage.

FHA - FHA home loans, which are backed by the Federal Housing Administration, have less stringent requirements than conventional loans. These mortgages may be the perfect fit if you have less-than-perfect credit, no formal credit history, or limited cash for a down payment

VA - Designed specifically for active duty military and veterans, this loan option opens the door to home ownership with low to no down payments, fixed interest rates, and favorable loan terms. It also allows those with lower credit scores to qualify.

Jumbo - These are loans for people wishing to spend more than the conventional loan limit of $417,000 ($625,500 in some areas).  They are called “jumbo” because it’s possible to finance homes priced between $525,000 and $3.5 million. 

Are You Eligible to Join Bellco FCU?

Joining Bellco FCU is a simple process; the investment is small and the rewards are huge. You are eligible to join if:

  • You live, work, worship, or go to 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

By opening a primary savings account with as little as $5 and following a few simple steps, you can become a member. Once you join Bellco FCU, you are welcome to remain a member for life, regardless of where you live or work. 

Join Bellco FCU today and enjoy excellent home loan products and services from one of the best mortgage lenders in Reading, PA for home purchase, refinance or construction.