Each month, industry reports at NerdWallet rank credit unions based on their financial products, services and offerings. During the month of July 2024, Andrews Federal was recognized as a top mortgage lender in NerdWallet’s rankings.
According to the NerdWallet team, “Credit unions can excel at financial education and customer service while offering competitive mortgage rates….These credit unions rise to the top for VA, FHA and jumbo loans, and as local lenders for borrowers.”
Andrews Federal was the only credit union in the rankings to receive 5 out of 5 stars for mortgage lending options.
What Andrews Federal Offers Mortgage Seekers
Exceptional Rates
Andrews Federal is well-known for offering exceptional mortgage loan rates and is often cited as having the “lowest rates in town.” The credit union provides great rates on a variety of mortgage loan product offerings, including first-time mortgages, home refinancing, home equity loans, home equity lines of credit and more.
Personalized Service
The mortgage process is complicated and filled with confusing rules and regulations. Most mortgage recipients keep their mortgage for a number of years (six to 10 is average, with many homebuyers maintaining their loan for even longer). That means the process of shopping for a mortgage may be out-of-date or confusing for many consumers.
Andrews Federal takes some of the guesswork out of the mortgage process by ensuring members have access to knowledgeable professionals. The mortgage lending team often offers free educational seminars to prepare members for the homebuying process or educate them on credit, as well as providing personalized service to support members throughout the mortgage process from pre-approval to closing.
Accessible Technology
We know our members are busy and that the last thing they need is to spend a lot of extra time manually managing paperwork. That’s why we try to make as much of our mortgage process available online as possible. Our members gain peace of mind through active support provided by our team members throughout the entire process.
Being recognized as a top mortgage lender by industry sources makes us proud of the dedicated service and the exceptional products we offer to members. It is our goal to provide members with an affordable, convenient and seamless mortgage experience they can trust, and we look forward to continuing to provide exceptional service and loan options to all those considering a mortgage for their homes.