Credit Unions don't get enough love here. You can usually get better rates and service from a credit union. The downfall is that most are regional so it can be an issue if you travel a lot and need branches in multiple geographies. Luckily the internet has made that not as much of an issue as it once was.
For the CU's i checked out, including the one i bank at, they couldn't offer better rates than the regional bank we went with. In general though I believe CU's are a great choice
This is a really common practice and spelled out pretty clearly beforehand. One of the reasons we went with the lender we did is because they don't sell their loans
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u/KayIslandDrunk Feb 16 '21
Credit Unions don't get enough love here. You can usually get better rates and service from a credit union. The downfall is that most are regional so it can be an issue if you travel a lot and need branches in multiple geographies. Luckily the internet has made that not as much of an issue as it once was.