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Bethpage Federal Credit Union is good for borrowers who want access to below-average rates and other banking services.
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Star ranking and total number reflects the lifetime customer reviews received while this lender has been an advertiser on Bankrate.
To help serve you with relevant information, the customer reviews shown are limited to only those that this advertiser has received during the past 12 months.
Loans offered
Conventional, jumbo, FHA, VA (refinance only), fixed-rate, adjustable-rate; rate-and-term and cash-out refinancing; home equity line of credit (HELOC); investment property (30-year fixed only)
Min. credit score required
620 for conventional loans, 500 for FHA loans
Nationwide availability
Available in all U.S. states except Texas
Min. down payment
3% for conventional loans, 3.5% for FHA loans
NMLS: 449104
4.7
Bankrate Score
Loans offered
Conventional, jumbo, FHA, VA (refinance only), fixed-rate, adjustable-rate; rate-and-term and cash-out refinancing; home equity line of credit (HELOC); investment property (30-year fixed only)
Nationwide Availability
Available in all U.S. states except Texas
Min. credit score required
620 for conventional loans, 500 for FHA loans
Displays daily rates online
Rates tend to be lower than the national average
Free 60-day rate lock
Offers HELOCs
Must be a member
Doesn’t offer USDA loans
Only offers VA refinances
Bethpage Federal Credit Union is good for borrowers who want access to below-average rates and other banking services.
Bethpage Federal Credit Union lists current rates for all of its mortgage programs on its website and updates them daily. The rates tend to be lower than Bankrate’s national average. You can lock your rate for free for 60 days. If you need to extend the lock beyond that, you’ll be subject to a fee equal to 0.125 percent of the loan amount for each week of the extension, up to four weeks. The credit union also offers a float-down option that costs 0.375 percent of your loan principal for each 0.125 percent cut to your rate.
Bethpage Federal Credit Union doesn’t disclose its other loan fees online, however; you’ll need to talk to a loan officer to learn what might apply to your mortgage.
Bethpage Federal Credit Union offers some of the most popular mortgages, including conventional and FHA loans, to borrowers everywhere except Texas. It also provides 30-year fixed loans for investment properties (up to $1 million) and VA loan refinances, but not USDA loans. The credit union’s jumbo loan product accommodates amounts up to $1.5 million.
Bethpage Federal Credit Union was founded more than 80 years ago. While it isn’t accredited by the Better Business Bureau, it does have an A+ rating from the organization.
It’s relatively easy to apply online for a mortgage from Bethpage, with the process typically taking between 15 minutes and 20 minutes to complete. Once you submit your application, you can monitor progress via the credit union’s online borrower portal. Alternatively, you can request a call from a loan officer (with a call back within one or two business days), or call 855-285-8094, Monday through Saturday.
The Bethpage website also features a range of calculators and educational content for homebuyers.
Bethpage Federal Credit Union provides refinancing and cash-out refinancing options. While the credit union doesn’t disclose any information about closing time or fees online, it does display refinance rates. In general, member-owned credit unions tend to have lower costs than banks and bigger lenders.
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Rating: 4.7 stars out of 5
4.7
Bankrate Score
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Loans offered Conventional, jumbo, FHA, VA (refinance only), fixed-rate, adjustable-rate; rate-and-term and cash-out refinancing; home equity line of credit (HELOC); investment property (30-year fixed only) |
Loans offered Conventional, jumbo, FHA, VA, fixed-rate, adjustable-rate; refinancing |
Loans offered Conventional, jumbo, FHA, VA, fixed-rate, adjustable-rate; refinancing; HELOC |
Min. credit score required 620 for conventional loans, 500 for FHA loans |
Min. credit score required 620 for conventional loans, 680 for jumbo loans, 640 for FHA loans, 640 for VA loans |
Min. credit score required 620 for conventional loans, 680 for jumbo loans |
Down payment 3% for conventional loans, 3.5% for FHA loans |
Down payment 3% for conventional loans, 3.5% for FHA loans, none for VA loans |
Down payment 3% for conventional loans, 3.5% for FHA loans, none for VA loans |
Nationwide availability Available in all U.S. states except Texas |
Nationwide availability Available in all U.S. states |
Nationwide availability Available in all states |
NMLS: 449104
1.0
2 ratings
This lender has 1 reviews.
0% of customers would recommend this lender.
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To help serve you with relevant information, the consumer reviews shown below are limited to only those that this advertiser has received during the past 12 months.
Rates and terms of loan honored?
Closed mortgage with this lender?
Closed on time?
Would you recommend this lender?
Rates and terms of loan honored?
Closed mortgage with this lender?
Closed on time?
Would you recommend this lender?