Credit union lenders can be a great alternative if you want to borrow money. Sometimes, veterans fall short in some of the qualification that traditional banks look for.
If you have the same financial situation as the other veterans, you might stand a better chance of getting better interest rates and terms compared to what the traditional banks can give.
Credit unions are nonprofit organizations that are focused on their members. They are funded by the savings of the members and that is what they use on portfolios and to fund their financial products. Since they do not rely on outside funding, they can follow their own rules – most of which are focused on the satisfaction of their members.