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Do you have to belong to a CU to apply for a mortgage?

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JMMD
Frequent Contributor

Do you have to belong to a CU to apply for a mortgage?

Title says it all. Can I apply for a mortgage at a Credit Union if I don't have an accoutn there? Is there a benefit to havng an acount, mortgage rate wise?

Message 1 of 3
2 REPLIES 2
gdale6
Moderator Emeritus

Re: Do you have to belong to a CU to apply for a mortgage?


@JMMD wrote:

Title says it all. Can I apply for a mortgage at a Credit Union if I don't have an accoutn there? Is there a benefit to havng an acount, mortgage rate wise?


Yup, CUs only do business with members for mortgage loans.

Message 2 of 3
JMMD
Frequent Contributor

Re: Do you have to belong to a CU to apply for a mortgage?


@gdale6 wrote:

@JMMD wrote:

Title says it all. Can I apply for a mortgage at a Credit Union if I don't have an accoutn there? Is there a benefit to havng an acount, mortgage rate wise?


Yup, CUs only do business with members for mortgage loans.


Good to know! Thanks!

Message 3 of 3
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