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Routing Number: 221277007
Member Services: (888) 423-7265
Online/Mobile Banking Support: (833) 999-1094
Member Services: (888) 423-7265
Online/Mobile Banking Support: (833) 999-1094
Spring is in the air, and for homebuyers, that means one thing: the housing market is heating up! With more homes hitting the market, better weather for house hunting, and the perfect timing for a summer move-in, spring is the ideal season to find your dream home. If you’re thinking about buying, there’s no better way to finance your purchase than with a B-M S Federal Credit Union (FCU) mortgage.
Spring traditionally brings an increase in housing inventory, giving buyers more options to find the perfect home. According to the National Association of Realtors (NAR), nearly 40% of annual home sales occur between March and June (NAR, 2023), making it a prime time for buyers to shop.
While competition can be higher in the spring, mortgage rates tend to be favorable. According to Freddie Mac, mortgage rates in early spring often stabilize before increasing in the summer (Freddie Mac, 2023). Buyers who act early can lock in competitive rates before demand pushes them upward. With strategic financing from B-M S FCU, you’ll have the edge you need to secure a great deal.
Buying in the spring allows families to move during summer—a less stressful time for job transitions, school changes, and home improvements. Research from the Joint Center for Housing Studies at Harvard University shows that families prefer moving in the summer to minimize disruptions to their children’s education (Harvard JCHS, 2023).
Credit unions like B-M S FCU offer mortgage rates that are, on average, 0.25% lower than traditional banks (National Credit Union Administration, 2023). Plus, we minimize fees, meaning you’ll save money upfront and over the life of your loan.
As a member-focused institution, we prioritize your needs, offering:
✔ Local decision-making for a faster approval process.
✔ Flexible underwriting to help more buyers qualify.
✔ Dedicated loan officers who guide you from pre-approval to closing.
Credit unions have historically lower mortgage delinquency rates than banks. Data from the Mortgage Bankers Association (MBA) shows that credit union mortgage delinquency rates are typically 40% lower than those of traditional lenders (MBA, 2023). This reflects our commitment to responsible lending and financial well-being for our members.
Spring is the season of new beginnings—make yours a new home! With B-M S FCU’s competitive mortgage rates, personalized service, and member-first approach, you’ll have the best financing to match your dream home.
Get pre-approved today and take the first step toward homeownership!
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