MADISON, Wis. (6/3/08)--When seeking a mortgage, home buyers should look at options they haven’t thought of before, such as credit unions, according to a Sunday article in The New York Times. Organizations such as credit unions may offer buyers good rates and can help buyers through the loan process, the newspaper said. “Leave no stone unturned,” said Keith Gumbinger, vice president of HSH Associates, a mortgage research company, in the article. Lenders are interested in traditional buyers who will document their income and assets and don’t have large debts, he added. Sunday’s article, “What You Need to Know to Get a Mortgage,” focused on the challenges faced by many first-time buyers and sellers looking to move on to a new home. Because of the high rate of foreclosures, some buyers will have to look beyond the traditional mortgage options to finance their homes. Some banks now request 15% to 20% down on a home, compared with past estimates of 5% to 10% down, the newspaper said.