Powered by Yahoo! Answers
Can credit unions issue mortgages outside of its membership area?*
I am in a credit union where I live now, but will be moving to a new house outside of its membership area.
Answers:
1) You must be a member of a credit union in order to benefit from the offerings. Credit unions have open, free memberships, so it's not difficult to join. Credit unions are run by the members for the benefit of the members, that's why you become a part of it--so that you have a vested interest.
2) A credit union membership is anywhere a member resides. I live in FL, my CU is in MA. They keep requesting that I borrow money for any purpose.
It may be that these answers have been provided by people who are not as knowledgable or familiar with this topic as you are. Because of this, CreditOptions gives you the ability to provide a better answer to this question and once your answer has been approved, it will replace the answers provided by Yahoo.
Click here to provide your answer to this question.
*The answers on this page are supplied by users of the Yahoo! Answers forum or by visitors to this site. CreditOptions does not necessarily endorse or agree with the answers provided.
Home Articles Tools Credit Quiz Credit Analyzer Contact Us
Credit Cards Credit Counseling Credit Repair Credit Reports Debt Consolidation Identity Theft Mortgage Loans Payday Loans
Credit repair companies are a ...