Question:
“What do you think about applying for a home loan from a credit union?”
Answer:
There are pros and cons. In my opinion…
The pro:
- Very occasionally credit unions may have a slightly lower rate than most lenders
The cons (these are tendencies):
- They’re a little slow
- They have less loan options than other lenders
- They more rigidly follow their rules vs. trying to figure out a way to “work with you”
- They often don’t want to talk with your Realtor (my pet peeve!)
