Grand Forks Credit Union (Company Overview) - Canadian Mortgage Lenders
Grand Forks Credit Union is located in Grand Forks, British Columbia, and has served all of British Columbia for more than 63 years. It offers a wide selection of mortgage products and services. Grand Forks Credit Union has a very active mortgage business sector, and its mortgage brokers work separately from the rest of the financial institution. Brokers are salary based, which means they will be more focused towards their client’s goals rather than a commission. Grand Forks Credit Union also runs a convenient website, and has both accessible branch phone numbers and also a toll free 800 number. Customers may tend to their mortgage on the website as well, which many lenders don’t offer.
Grand Forks Credit Union has a number of different options when it comes to making payments. Customers can make monthly or weekly payments as well as more flexible options in some cases. Every year customers can increase their payments by up to 30%, which is the industry average, and will help them save on rates of interest. Grand Forks does not allow customers to make lump-sum payments the way certain other institutions do, but clients are allowed to increase their month to month payments up to 40% each year of their loan, which is much higher than average.
Grand Forks Credit Union’s range of fees varies from as much as $600 to as low as $20. You can get a complete list of fees from any branch, or by calling their 800 number or one of their branches. Grand Forks Credit Union seems to have an open door policy with their customers, as they have annual general meetings and offer their annual financial report on their website going back for at least ten years. It has been offering these general meetings since it was founded.
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