Rising fees are the bane of our existence. With many banks charging fees for every bit of service they offer, it’s enough to make anyone look for alternative options. If you find yourself checking out mortgage rates in Walla Walla, here’s why you may want to consider credit unions like HAPO.
Better service
Credit unions often provide services more personal and friendly than those you find at big banks. If you value excellent customer service, then this is a major factor to consider, and one of the reasons why you’ll want to try out a credit union for your mortgage plan.
Lower interest rates
Many of these groups aim to provide affordable financial services. If you want lower mortgage rates in Walla Walla, then credit unions are in the best position to offer you those rates. If you’re on a budget, then credit unions win over banks, hands down.
Fewer Fees
Banks have stockholders. As a for-profit, organizations, they are required to make money. That’s their business model and often the reason why banks charge a ton of fees. Some banks may charge you up to 30 different fees, WiseBread says. If you’re rolling your eyes at the thought of paying for maintenance, withdrawal and even excess withdrawal fees, then leaving your bank behind and going to a credit union is a nifty solution. It’s one way to finally avoid paying a small mountain of fees, some of which you probably don’t even know about.
Accessible financing
Anyone with a poor credit score knows how difficult and tedious it can be to get financing from banks. You either get rejected or end up paying through your nose because of high-interest fees. Go to a credit union instead, and you’ll have a much better chance of getting your application for financing approved.
