Student Loans
Great Lakes Credit Union has everything you need to help manage your money and plan for the future.
GLCU’s Closing Credit Makes Member’s Homeownership Dreams a Reality
CommunityJuly 11, 2024
When Regen Marsell was looking for a mortgage to buy his first home, a family member recommended that he apply for one from GLCU. Given that the credit union offered him a closing credit (as well as a lower rate), Regen said the decision to choose GLCU as his mortgage provider was a “no brainer.”
The closing credit is accessible to homebuyers regardless of their location of purchase or first-time homebuyer status. Regen closed on his home in Lake Villa, Illinois in April of 2024. He used his lender credit to help pay his closing costs, which allowed him to use more money from his savings to renovate his home.
“GLCU made the process straightforward, smooth, and easy,” Regen said. “They helped remove any roadblocks and made it possible for me to close sooner than expected if I wanted to.”
GLCU was also on hand to answer any questions Regen had, explaining the homebuying process to him every step of the way. When asked about what he would tell other homebuyers considering applying for a mortgage and closing credit with GLCU, Regen said:
“Do it. It’s a free resource that made closing costs a lot more manageable for me as a first-time homeowner.”
At GLCU, we’re committed to making homeownership more accessible to everyone. That’s why we’re proud to offer a $3,000 closing credit to our members through September 30th, 2024. To be eligible, you must be pre-approved for a GLCU mortgage by September 30th, and close by December 31st, 2024. Check out our rates and consider applying today.
If you’d like to learn more about the homebuying process, we encourage you to attend one of our free first-time homebuyer seminars.