It is a reality that when a void is created alternate sources fill that void. If banks continue to make loans to qualified borrowers harder to get, it only makes sense that alternate sources will try to fill that void.

Credit Unions are a good source. As always, do your due diligence and make sure to accurately weigh all of the factors. I think you will be surprised as I was that Credit Unions are a good source for a mortgage.

Knowing what your monthly payments will be will help you know how much home you can afford and get the most  value for your real estate dollar.