Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

Affordable Home Loans In Killeen, TX

13. August 2015 Administrator Home Loans (0)
With the ever-increasing property prices and soaring interest rates, it is important to choose the right home loan to avoid any financial issues in the long run. Keeping this in mind, a lot of home buyers prefer a credit union over bank for their financing needs. This is mainly because of the considerably low interest rates and better customer service offered by them. Additionally, the process of applying for a home loan at a credit union is much simpler, with minimal documentation and paperwork.

Given here are some of the benefits of choosing a credit union for a home loan:

  • Low Interest Rates: Being a non-profit organization, a credit union is not liable to pay any taxes to the state or federal government. This, in turn, allows them to offer low interest rates on their home loan products. Thus, you will have to pay lower monthly installments and be able to save more.
  • Account Holders Have A Say: As members of a credit union are its part owners, they have a say in the important matters of the credit union. This may be concerned with the working of the credit union, interest rate of loans or other services offered to the members.
  • Less Income Requirements: A credit union usually does not have a strict income criterion for an applicant to be eligible for home loan. Thus, people who have not been approved for home loan by a bank due to low income are quite likely to get approval at a credit union.
  • Fewer Processing Fees: The loan processing fees charged by a credit union are usually affordable and lesser than many other financial institutions. In addition, it also offers several other membership services such as online banking, checks, wire transfer etc. at a nominal cost.  
  • Speedier Closings: When you apply for a home loan at a credit union, you can expect an instant approval for the same.
  • Flexibility: Working solely for the benefit of the members, a credit union is not much stringent when it comes to their loan conditions and policies. They offer considerable flexibility in terms of loan products and repayment options.
We, at Greater Central Texas Federal Credit Union, provide affordable home loans in Killeen, TX. For more information, you can call us at (254) 690 – 2274 or visit our office at 3305 E. Elms Rd., Killeen, TX  76542.
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GCTFCU Blog | Tips On Buying A Used Car
Greater Central Texas Federal Credit Union,
3305 E Elms Road
Killeen, TX 76542
Telephone: 254-690-2274
www.gctfcu.net

Tips On Buying A Used Car

3. November 2011 Administrator (0)

Buying a used car, demands even more knowledge and concern than buying a new car. It is a challenging task as details like the condition of the car, its usage and various other factors have to be kept in mind before purchasing it.

However, deciding on the purchase of a used car becomes a hassle free process when the buyer is smart enough to cover each and every aspect involved in the process of its purchase. Following are some points that must be kept in mind before buying a used car:

  • Decide on the car to buy: You can list down the cars you prefer to buy beforehand, so that you can make a thorough comparison amongst them. Be aware of your needs and lifestyle, and then decide the car model that would suit your purpose.
  • Look for a used car seller: You can consult the newspaper advertizements or even ask from your friends if they know a person who is willing to sell off his car.
  • Check the details: After you are done with the searching of the used car sellers, it is now time to check for the history of the car. It includes the time of purchase, the cost at which it was purchased, the distance it has run etc.
  • The condition: The condition of the used car plays an important role in the purchase process. Always remember that pre-owned car does not always mean a car is in a poor condition. You have to be smart enough to get a used car worth the amount you are paying. Hence, evaluate the condition thoroughly and do not hurry.
  • Test drive: You must drive on all kinds of roads. Apart from a smooth drive, check for the sounds, vibrations and jerks also.
  • Paperwork: Be very particular about the paperwork involved in the purchasing process. It includes the registration of the car, the legal policies, the change of ownership documents etc.
  • Finalize the deal: Try to negotiate with the price as per your capacity and then finalize the deal.

However, do not search for the cheapest car, rather look for a car that is good in condition as well as has a reasonable price tag.

To avail cheap and secured car loans, for used car as well as the new ones, visit us at Greater Central Texas Federal Credit Union at 3305 E Elms Road, Killeen, TX 76542 or call at 254-690-2274.

Auto Loan in Killeen, Tx - Secured Auto Loan

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