Mortgage Loans
Put home ownership within your reach with a mortgage loan from Belco Community Credit Union.
Buying a home is always a big step. Belco Community Credit Union mortgage loans make taking the leap to homeownership simple, convenient, and affordable. Benefits include:
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Great Rates
Get some of the best mortgage loan rates in central Pennsylvania.
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Choice of Loans
Generous loan terms on conventional, FHA, USDA, and VA mortgages.
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Experienced Staff
We partner with Member First Mortgage to provide you with expert services.
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End-to-End Service
Our team will guide you through the process from pre-qualification to closing.
See Our Roth IRA Rates
How Do Mortgage Loans Work?
Through our partnership with Member First Mortgage (MFM), we offer a wide variety of home loan options to fit your unique needs and goals.1
Together with MFM, we offer:
- Conventional loans
- FHA loans
- Rural Development/USDA loans
- VA loans, and more.
If you’re in the market for a fixed-rate mortgage, we are your trusted partner for your mortgage lending needs. Our professionals will guide you through the entire process from pre-qualification to final closing.ong it will take to break even after paying closing costs.
How to Apply
STEP 1
Check your membership eligibility. Mortgage loans are available only for Belco members.
STEP 2
Apply for your mortgage online, in person at one of our branches, or by calling 717-720-6286.
STEP 3
Get pre-approved for a loan so you can begin your journey to home ownership.
Meet the Belco Mortgage Services Team
Al Sacchetti- Mortgage Loan Originator II
NMLS# 141186
Brea Mumma- Mortgage Loan Processor II
NMLS# 996579
★★★★★
“I love Belco! Everyone is so friendly, and they genuinely care for you and your money.”
– Flinnie, Gettysburg, PA.
Why Choose Belco Credit Union?
Established Track Record
Belco has been helping members build financial security for more than 80 years.
Local Knowledge
Our loan officers know their communities and understand local home prices and markets.
Direct Debit Convenience
Open a checking account with us and set up hassle-free direct debit payments on your loan.
Online & Mobile Banking
Easily manage your mortgage on the go with our secure online and mobile banking platforms.
Hassle-free Borrowing
Your monthly repayment is automatically debited from your Belco account.
Full-Service Banking
We offer a full range of financial products, including home equity loans and lines of credit, to help you unlock the value of your home.
Apply for a Mortgage Loan Today
Mortgage Loans FAQs
What costs are involved in getting a mortgage for a home purchase?
You’ll typically need to cover the down payment, closing costs, and possibly private mortgage insurance (PMI) if your down payment is less than 20%.
How is my monthly mortgage payment determined?
Your monthly payment typically includes your loan’s principal and interest payments, taxes, and insurance. Where applicable, PMI is also included. To get a clearer idea of what you’ll likely have to pay, use our handy mortgage calculator (Pennsylvania only).
What documents do I need to apply for a mortgage?
For most loan programs, you will need to provide pay stubs, tax returns, W-2s, bank statements, and information about your debts and assets.
What do I need to qualify for a mortgage?
Your eligibility for a loan depends on your credit score, current income, employment status, debt-to-income ratio, down payment savings, and other factors.
What is the difference between pre-qualification and pre-approval by a mortgage lender?
Loan pre-qualification simply provides an estimate of how much you might qualify to borrow based on the information you provide. Loan pre-approval involves a deeper review of your finances and provides a conditional commitment for a loan amount.
Home Buying Resources
The path to homeownership is often both exciting and overwhelming, especially in competitive markets like Lancaster and Harrisburg. To help you secure your dream home even during high demand, we’ve created comprehensive guides to the home buying and mortgage process.
Explore the resources to learn everything you should know before getting a home loan.
Make the Most of Our Mortgage Products With These Resources
Mortgage Rates
Check out our latest rates. At Belco, we’re committed to offering you some of the best deals around.
Mortgage Refinance
Refinancing your home loan isn’t just a great way to save money but an excellent way to make the most of your monthly budget.
Mortgage Loan Refinance Calculator
How long will it take to break even on a mortgage refinance? Use our mortgage refinance calculator to find out.
*APR = Annual Percentage Rate
1 This is not an offer to extend consumer credit as defined by section 226.2 of Regulation Z. Rates and terms are subject to change without notice. All applicants are assessed following a completed application. Equal Housing Lender. All loans subject to credit approval.