San Diego County Credit Union Mortgage Rates and Review

July 10, 2010 No Comments »

We were forwarded a spectacular 5/1 ARM mortgage rate currently being offered through San Diego County Credit Union. And because of this phenomenal offer, we thought we’d quickly cover their best home loan rate as well as write a short review.

Right now their 5/1 ARM mortgage rate is sitting at an extremely low 3.25% (plus 2 points) or 3.309% APR. To put this rate in perspective, the current national average for 5/1 ARMs sits at roughly 3.71% APR. This rate became affective this month and is only available for a limited time.

About San Diego County Credit Union:

SDCCU is San Diego’s largest locally owned financial institution. With $4.9 billion in assets, San Diego County Credit Union is a not-for-profit credit union wholly owned and operated by its members. Learn more about the institutions size and membership eligibility in our post covering their deposit rates.

San Diego Country Credit Union’s Reviews and Complaints:

San Diego County Credit Union doesn’t have a file on the BBB (Better Business Bureau) so you may have to do a little digging for consumer reviews regarding their services. After scouring the web for consumer input, we found a number of reviews both positive, negative and neutral.

On Yelp, their ratings seem to vary between awful and indifferent with very little positive reviews left. Keep in mind though, whenever you’re looking for consumer reviews online you’re almost always going to find more negative feedback than positive. This is simply because as a consumer we expect everything to go smoothly and when it does we are far less likely to give a positive report than we would to give a negative review if things did not go smoothly.

If you have experience in dealing with the mortgage process with San Diego County Credit Union, please share by leaving a comment!

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