Thursday 20 September 2018

Using Credit Unions for Mortgage Loans

Most people want to retire mortgage-free, and that means they want to avoid paying a monthly mortgage payment after they retire. Thankfully, a local Dallas credit union can help its customers retire mortgage-free by creating and adjusting a mortgage loan that fits into the long-term plans of each of their members.

A Dallas credit union like GO Federal Credit Union takes the time to understand the needs of their members first. They help their members through the pre-approval process and will also determine what size loan the member will qualify for. Helping members determine their budget in advance makes the home buying process much easier, giving members the confidence that the down payment and subsequent payments can be made without trouble.

Other Benefits of a Credit Union

Using GO Federal Credit Union for all of your Texas credit union loan needs is the right choice, because they provide the following benefits to their members:

GO Federal Credit Union offers fixed-rate term rates up to 30 years and/or adjustable rates, ensuring that their members have all their bases covered when it comes to repaying their loan.
CU Home Advantage is a service offered by GO Federal Credit Union to ensure members can take advantage of every single available discount. This means that a home can be sold, bought, or both, while saving money for its members.
In addition, GOFCU mortgage calculators can help membersfigure out which loan amount works best for them by calculating the monthly payment, the benefits of making additional payments, and the savings they could realize based on how long they want their mortgage to last.

GO Federal Credit Unions in Dallas and surrounding areas offer flexible payment plans, competitive rates, and control over the entire mortgage loan process. This ensures that no matter where you are in the loan process or what you want to do with your home once you retire, you’ll have a solid plan that you can depend on no matter what life throws your way.

Federally insured by NCUA and Equal Housing Lender