Financing through credit unions
For my first property I used a broker who has access to over 20+ lines of financing.
someone told me to go through a credit union, specifically Clearview.
I was going to set up an account there (keep my RE investments separate from personal banking) but another person told me Clearview was a bad option to go through.
This is a 2 part question; what is the best experience yinz have had with credit unions and what would be a good recommendation for me to open up another account for my RE investment (1 property so far so mortgage/utilities and savings for said property).
thank you !
Most Popular Reply
Hey Corey,
I want to empower you to know that you are the client. You can do whatever you want to do! You should call around to a few different lenders and see what they offer. Most credit unions publish their rates online and show what terms they offer.
There isn't a "bad" choice here, but there might be a better choice than a credit union. Once you have 3 quotes to compare, you will feel more comfortable and educated about your decision.
Just FYI - My personal bank account is with a credit union, and I would beat their mortgage rates all day long. So the answer is, it depends!