Hi all - I wasn't sure where to post this and I figured it needed to be seen by, well, working actors. We are ready to buy a home and are mortgage shopping. I found out that as an AEA member there are benefits to getting my mortgage with chase, yet the Actors Fed. Credit Union also offers mortgages. Does anyone on the board recommend Chase with its union benefits over the Actors Federal Credit Union ARM mortgages? Given the current crisis I am v. skeptical of adjustable rate mortgages. I would appreciate anyone's insight- including a more appropriate place to post this! Thanks, Maha
Hi Maha, This forum is for all things actor business related so this, or any question really, is welcome and fitting. Ironically, I am in escrow right now getting my loan through SAG/AFTRA credit union's brokerage firm, Varris. I have actually used them twice before as well. It has always been great. Especially because they understand freelancer/hollywood/actor type incomes. I too am skeptical of ARMs but you really do have to weigh the situation in full, as there are so many variable factors. Unfortunately I don't know anything about the Chase deal or the AEA credit union, but if you are also in the SAG/AFTRA credit union, PM me for the name of my broker that I love!