The thing about credit unions is that they're not usually just open to anyone.
The best
thing about credit unions, is that they have high interest savings account and they don't charge outrages fees.
Not exact matches
Another
thing we like
about NFCU is that the
credit union allows you to cosign or secure your loan, which can help you qualify for a lower rate.
«We've got to have
credit unions that are both engaged in their communities and much more professional, and the third
thing is people have got to know
about them.
If you find yourself on a similar path, here are few
things you need to know
about credit unions:
Though I can't speak personally
about this
credit union, I've heard many great
things about using a
credit union for your banking.
I've been talking to our
credit union and a mortgage broker
about this very
thing, and I gather that if you're close to the 80 % LTV, some lenders are still willing to do a second up to
about 83 % or 85 % LTV... It may be preferable to go this route than it would to pay mortgage insurance, since I gather you have to keep mortgage insurance for a minimum of two years, and then your LTV has to be down to 78 % — and you're still on the hook for paying for a new appraisal.
Though I haven't used them yet, I also hear good
things about Franklin Mint Federal
Credit Union.
The nice
thing about commercial loans, or at least the loans I can get from the small
Credit Union I am using, is that they are willing to loan up to 80 % of the tax assessors value without an appraisal.