FourLeaf Federal Credit Union Mortgage Review 2025
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Our Take
4.5
FourLeaf, formerly known as Bethpage, offers some specialty loans, like financing for co-ops and nonwarrantable condos, with the community-minded spirit of an easy-to-join credit union. While the full mortgage application is available online, preapproval is not. Most likely to appeal to borrowers in New York state who can benefit from local branches and first-time homebuyer grants.
Pros
- Specialty loans include financing for co-ops and nonwarrantable condos.
- Offers conventional loans for manufactured homes.
- Highly rated mobile app.
Cons
- Interest rates are on the high side, according to the latest federal data.
- Doesn’t offer renovation, construction or USDA loans.
- Can’t get a preapproval online.
Full Review
At a glance: FourLeaf mortgage options
FourLeaf Federal Credit Union is a credit union based in Bethpage, New York. Residential mortgages and HELOCs are not available in Texas; otherwise, loans are available nationwide.
Before getting a mortgage with FourLeaf Federal Credit Union, you must become a member. That's easy and inexpensive to do: Just open a savings account with a $5 minimum deposit.
🏠 Common mortgages • Fixed- or adjustable-rate • Conventional • FHA • VA • Jumbo • Rate-and-term refinance
🔑 Specialty loans • Interest-only mortgages • Co-op financing • Nonwarrantable condos • Loans for second homes • Loans for self-employed borrowers • Conventional loans for manufactured homes
💵 Home equity • HELOC • Cash-out refinance
» MORE: How to choose a mortgage lender
FourLeaf Federal Credit Union mortgage special offers and discounts
FourLeaf participates in the Homebuyer Dream Program through the Federal Home Loan Bank of New York, which provides grant assistance up to $30,000. To be eligible, home buyers must meet income and other qualifications and purchase a home within the FHLBNY district: New York, New Jersey, Puerto Rico or the U.S. Virgin Islands.
What mortgages does FourLeaf Federal Credit Union specialize in?
A lender’s experience with your loan type can make a big difference. We looked at the latest federal data to find the types of mortgages FourLeaf handles most often. In 2024, all but 3% of its purchase loans were conventional — a larger share than most lenders reviewed by NerdWallet.
How we score FourLeaf Federal Credit Union mortgages
Each year, NerdWallet writers and editors dig into the latest data and independent research on mortgage lending. Then, we rate lenders based on categories that matter most to mortgage borrowers.
FourLeaf has a NerdWallet home loans rating of 4.5 stars overall. Here’s a breakdown of this year’s score.
Category | Star rating |
|---|---|
Average mortgage rates and fees | |
Mortgage rate transparency | |
Variety of loan types | |
Customer experience | |
Overall star rating |
Ah, so you’re the “read the fine print” type? We got you. Here’s how our scoring rubric works.
Average mortgage rates and fees (30%)
We review federal data (as reported by the lenders) and analyze mortgage lenders’ average fees and interest rates across all loan types. Lenders with the lowest average costs get the highest star ratings. Keep in mind: Loans that are easier to qualify for, like FHA loans, usually have higher rates and fees because lenders see them as a higher risk. Pro tip: Paying some fees upfront can sometimes lower your interest rate.
Mortgage rate transparency (25%)
We look at how easy it is to compare mortgage rates online. Lenders get higher transparency ratings if they show sample rates on their website. (Not all lenders do!) The best ratings go to lenders that offer interactive tools that let you customize a rate quote on your own.
Variety of loan types (25%)
There’s no one-size-fits-all mortgage. Lenders earn top ratings in this category when they offer a large variety of mortgage types. The more variety, the higher their score. A lender earns points for purchase and refinance; fixed and adjustable rates; FHA, VA or USDA loans; renovation or construction loans; and home equity loans or HELOCs.
Customer experience (20%)
How easy is it to work with this lender? Top-rated lenders offer helpful features like online applications, multiple ways to get support, a user-friendly mobile app and clear updates about the loan closing timeline.
FourLeaf Federal Credit Union mortgage bonus points
FourLeaf earned bonus points for offering conventional loans for manufactured homes, first-time home buyer assistance and loan options for borrowers with low credit scores.
FourLeaf Federal Credit Union mortgage reputation and customer experience
NerdWallet’s star ratings look at objective factors like rates, fees and loan options. To give you a sense of what the borrower experience is really like, we pulled the latest customer satisfaction scores from Zillow, and we contacted the lender’s customer support.
Zillow Mortgage Lender Customer Rating
4.91
out of 5
Excellent rating as of the date of publication.
Rating reflects more than 230 customer reviews.
FourLeaf Federal Credit Union mortgage customer service options
Here’s how you can get in touch with FourLeaf. Branches are limited to the Long Island and New York City area. You can also schedule an appointment or video call.
Ways to reach FourLeaf Federal Credit Union
Physical branches . . . . . . ✅ Phone support . . . . . . . . . ✅ Mobile app . . . . . . . . . . . . ✅ Online chat (bot) . . . . . . . ✅ Online chat (human) . . . . ✅
🤓 Our Nerds say... offerings have improved
Abby Badach Doyle, lead writer, mortgages
This year, we noticed FourLeaf now offers online chat with a live agent — something they haven’t offered in the past. Online chat is becoming more common among the mortgage lenders we review. It’s always a good sign when a lender invests in improving its technology.
» MORE: How to apply for a mortgage
Alternatives to FourLeaf Federal Credit Union mortgages
Our biggest tip: Get offers from at least three different mortgage lenders. Comparison shopping can save you thousands of dollars. You can get rate quotes yourself, or work with a mortgage broker to shop around on your behalf.
Andrews Federal Credit Union has some of the lowest average mortgage rates of all lenders NerdWallet reviews, according to the latest federal data.
Alliant Credit Union offers the Alliant Advantage Mortgage Program for first-time home buyers, with zero down payment and no private mortgage insurance (PMI) required.
More from NerdWallet
NerdWallet’s overall ratings for mortgage lenders are evaluated based on four major categories: average mortgage rates and origination fees, rate transparency to consumers, variety of loan types (purchase, refinance, fixed and adjustable, for example) and customer experience. Among the factors we consider in these categories are: options to apply for home loans online, typical time to close, mobile app experience, level of detail about mortgage rates on lender websites, and NerdWallet’s own analysis of the rates and fees lenders reported in the latest available Home Mortgage Disclosure Act data. These and other items inform detailed rubrics, which generate ratings from 1 star (poor) to 5 stars (excellent). Read more about how we rate mortgage lenders here.
