Home Loans Wyomissing, PA
Are you looking for home loans that offer flexible term and low rates? If you live in Wyomissing, PA, the best choice is Bellco Federal Credit Union!
Originally known as the Bell Telephone Credit Union, Bellco FCU, a member-owned, not-for-profit federal credit union, opened its doors in 1938 and continues to offer unique financial products and services to individuals and small businesses in Berks County.
Like banks, we accept deposits, make loans and provide a wide array of other financial services. Our goal is to add convenience to your life with products and services that are tailored to your needs.
Whether you are looking for home lending services, auto loans, credit cards, a fee-free checking account, or an excellent savings program, we are available to help at every important stage of your life.
Bellco FCU 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 locally knowledgeable mortgage team will 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 your monthly payments will remain the same for the entire 30-year loan term. Fixed-rate mortgages are also available with shorter terms, e.g., 15 years.
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.
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
Jumbo - These loans are for people who wish to spend more than the conventional loan limit of $417,000 ($625,500 in some areas) on a home. They are called “jumbo” because it’s possible to finance homes priced between $525,000 and $3.5 million.
How to Become a Member
You are eligible to join Bellco FCU 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. And, once you join Bellco FCU, you will be able to remain a member for life, regardless of where you live or work.
If you are looking for competitive rates and terms on home loans in Wyomissing, PA, Bellco FCU is an excellent choice! We provide valuable benefits that can help you become financially empowered.