Anybody have their home mortgage w/PenFed?

Dolittle · 08-02-2012, 06:15 PM

Im going to finance my M3 with them because their used car auto rate is ridiculous and they valued my car $7k more than what I paid.

Anyone have experience with their home mortgage rates?

mccannable · 08-02-2012, 08:00 PM

I have my cars through them. Good rates. Service can be a bit slow but always worth the savings. My dumbass credit union wanted all kinds of info,docs, proof of pay, and references for a mediocre rate. (perfect credit and had many car loans through them in the past with never even close to late payment). Penfed just filled out an online forum and they mailed me a check to refi. Didn't even need any docs.

bumere90 · 08-02-2012, 09:10 PM

great info!

JMX328 · 08-03-2012, 04:28 AM

PenFed is a great credit union - as is Navy Federal (they're a lot harder to get into, however).

I don't have personal experience with their mortgage department, but I've heard nothing but good things. I have a credit card with them and they offer great service, rewards, customer experience, etc.

Edit: And this is coming from a VP of a major commercial bank.

Shaan · 08-06-2012, 01:26 PM

probably the best place to get a car financed from! havent done the house through them though

wakeboarder109 · 08-07-2012, 11:57 AM

Just financed my car with them. Great rates! Let me know how this turns out because I was thinking of getting a mortgage with them as well.

08-02-2012, 06:15 PM	#1
Dolittle Private 18 Rep 52 Posts Drives: e92 AW M3 DCT Join Date: Oct 2010 Location: Orange County, CA iTrader: (0)	Anybody have their home mortgage w/PenFed? Im going to finance my M3 with them because their used car auto rate is ridiculous and they valued my car $7k more than what I paid. Anyone have experience with their home mortgage rates?
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08-02-2012, 08:00 PM	#2
mccannable First Lieutenant 214 Rep 347 Posts Drives: 2014 X1 Join Date: Jan 2012 Location: central fl iTrader: (2)	I have my cars through them. Good rates. Service can be a bit slow but always worth the savings. My dumbass credit union wanted all kinds of info,docs, proof of pay, and references for a mediocre rate. (perfect credit and had many car loans through them in the past with never even close to late payment). Penfed just filled out an online forum and they mailed me a check to refi. Didn't even need any docs.
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08-02-2012, 09:10 PM	#3
bumere90 Grozniy 195 Rep 2,602 Posts Drives: Carless Join Date: Jan 2009 Location: FL iTrader: (12)	great info! __________________ -fatman
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08-03-2012, 04:28 AM	#4
JMX328 Insert Something Witty. 18 Rep 32 Posts Drives: 2009 328i Join Date: Jul 2012 Location: California iTrader: (0)	PenFed is a great credit union - as is Navy Federal (they're a lot harder to get into, however). I don't have personal experience with their mortgage department, but I've heard nothing but good things. I have a credit card with them and they offer great service, rewards, customer experience, etc. Edit: And this is coming from a VP of a major commercial bank.
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08-06-2012, 01:26 PM	#5
Shaan Second Lieutenant 53 Rep 290 Posts Drives: '11 M3 / '14 Tundra Join Date: Jun 2011 Location: Houston iTrader: (6)	probably the best place to get a car financed from! havent done the house through them though
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08-07-2012, 11:57 AM	#6
wakeboarder109 Lieutenant Colonel 183 Rep 1,734 Posts Drives: in High Country Join Date: Jul 2008 Location: RVA iTrader: (3)	Just financed my car with them. Great rates! Let me know how this turns out because I was thinking of getting a mortgage with them as well.
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