Bethpage Mortgage Review 2023

Good for: borrowers seeking a solid selection of mortgages and the membership-based, not-for-profit business model of a credit union.
Phil Metzger
Jan 3, 2023

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners.

Our Take


NerdWallet rating
The Nerdy headline:

Bethpage offers multiple home loan options, home equity lines of credit and online conveniences, but you have to contact the lender for customized rates.

Jump to:Full Review
Bethpage Federal Credit Union
Bethpage Federal Credit Union: NMLS#449104

Min. credit score
Min. down payment
Loan types and products
Purchase, Refinance, Home Equity, Jumbo, Fixed, Adjustable, FHA
at Bethpage Federal Credit Union

Pros & Cons


  • Offers a full array of online conveniences, including loan process updates.
  • Offers financing for co-ops, a type of home that’s common on the East Coast.
  • Sample mortgage rates available for a variety of loan products.


  • In-person service available only in Queens and on Long Island, New York.
  • USDA loans are not available.
  • Customized rates not available online.

Compare to Other Lenders

Bethpage Federal Credit Union
Bethpage Federal Credit Union: NMLS#449104
NerdWallet rating
Purchase, Refinance, Home Equity, Jumbo, Fixed, Adjustable, FHA
Purchase, Refinance, Home Equity, Reverse, Jumbo, Fixed, Adjustable, FHA, VA, USDA
Get more smart money moves — straight to your inboxBecome a NerdWallet member, and we’ll send you tailored articles we think you’ll love.

Full Review

What borrowers say about Bethpage mortgage

NerdWallet’s lender star ratings assess objective qualities, including rates, fees and loan offerings. NerdWallet assesses borrowers’ subjective experiences with lenders using customer satisfaction scores from Zillow.

  • Bethpage Federal Credit Union receives a customer rating of 4.93 out of 5 on Zillow, as of the date of publication. The score reflects more than 200 customer reviews.

Bethpage mortgage variety of loan types

  • 5 of 5 stars

Bethpage Federal Credit Union's mortgage products include fixed- and adjustable-rate conventional loans, jumbo loans and government-backed FHA loans. Bethpage also offers loans for second homes and investment properties as well as financing for cooperatives, better known as co-ops. Refinancing is available.

Bethpage HELOC

The lender also offers home equity lines of credit, or HELOCs. These second mortgages are one way for homeowners to access existing home equity without refinancing or selling their home. Funds obtained with a second mortgage can be used for expenses such as home improvements, education costs or debt consolidation.

Bethpage Federal Credit Union's HELOC features a fixed-rate option with 5-, 10- and 20-year repayment terms and no closing costs or annual fee. Details about qualifying for a HELOC and current rates are available on the lender's website.

Bethpage mortgage ease of application

  • 5 of 5 stars

Before getting a mortgage with Bethpage Federal Credit Union, you must become a member. That's easy and inexpensive to do: Open a savings account with a $5 minimum deposit. Bethpage has branches in New York but serves customers in almost every state.

You can start a Bethpage Federal Credit Union mortgage or HELOC application online, by visiting a branch or by calling a loan officer. You can submit and sign documents online and track the loan process digitally.

Bethpage mortgage rates and fees

  • 2.5 of 5 stars

  • Bethpage earns 2 of 5 stars for average origination fee.

  • Bethpage earns 3 of 5 stars for average mortgage interest rates.

Borrowers should consider the balance between lender fees and mortgage rates. While it's not always the case, paying upfront fees can lower your mortgage interest rate. Some lenders will charge higher upfront fees to lower their advertised interest rate and make it more attractive. Some lenders just charge higher upfront fees.

Bethpage mortgage rate transparency

  • 4 of 5 stars

Bethpage offers sample rates for numerous mortgage types on its website, but you need to speak with a loan specialist for a personalized rate quote.

Alternatives to Bethpage mortgage

Here are some comparable lenders we review that borrowers can consider.

PenFed Credit Union also scores highly for ease of application. Alliant Credit Union has options for first-time home buyers, but it doesn’t offer government-backed loans.

Getting ready to buy a home? We’ll find you a highly rated lender in just a few minutes.

Enter your ZIP code to get started on a personalized lender match

More from NerdWallet

at Bethpage Federal Credit Union

Find the best lender

Best mortgage lendersBest lenders for first-timersFind the best mortgage rateHow much house can I afford?

NerdWallet’s overall ratings for mortgage lenders are evaluated based on four major categories: variety of loan types (purchase, refinance, fixed and adjustable, for example), ease of application, rates and fees and rate transparency. Among the factors we consider when scoring these categories are options to apply for and track loans online, the level of detail about mortgage rates on lender websites and our analysis of the rates and fees lenders reported in the latest available Home Mortgage Disclosure Act data. These scores generate ratings from 1 star (poor) to 5 stars (excellent).

NerdWallet Pixel