Penfed is a popular credit union that has a strong online presence and a huge member base that consists of more than 1.5 million individuals. As a reputable credit union, the company offers its customers with service via the Internet around the clock, seven days a week. It also has great phone support to assist customers with everything from applying for a new mortgage to making credit card payments and more. It offers a full list of financial products that meet most consumers’ needs, including auto and RV loans, credit cards, checking and savings accounts and much more. If you are thinking about applying for a new home mortgage to accomplish plans to refinance your existing mortgage or to buy a new home, you may be wondering how competitive Penfed’s rates are and what the process is.
Home Mortgage Programs Available Through Penfed
Penfed provides its valued members with loan programs designed for inexperienced, first-time buyers as well as experienced buyers who want to upgrade, downsize or refinance their home. The many loan programs are listed in detail online, and each offers a competitive interest rate with affordable closing costs and loan fees. Because Penfed is a credit union with a great reputation, you can expect to receive all rates and terms fully disclosed up-front as well as friendly customer service available to get answers to your questions about the programs.
Other Online Mortgage Resources
Penfed’s website is fully developed, and it includes exceptional resources that all home loan applicants can benefit from. This includes a rate comparison feature and a mortgage loan term glossary. There are calculators available on the website that allow you to estimate your total closing costs and loan proceeds, to determine if refinancing is the right move to make and more. Whether you need a 30-year fixed rate loan, a 15-year super jumbo mortgage or even a 10-year balloon mortgage on an investment property or a second home, you can rest assured that you can find the loan programs you need through Penfed as well as all of the supportive resources necessary to help you make the best decision about your loan application.
With some mortgage companies, it can seem frustrating to get your calls answered or your messages returned promptly, but this is never the case when you work with Penfed for your mortgage application needs. Penfed hires experienced, helpful professionals who are each dedicated to making the loan process as easy as possible for you. Whether you simply want to review your loan options or you are ready to move forward with a full loan application right now, you can feel confidence knowing that you will receive personalized guidance and support from the team at Penfed every step of the way.
If you have been thinking about refinancing your existing mortgage, buying your first home or making an upgrading or downsizing move, now is a great time to explore the Penfed website and to reach out to a representative over the phone. Through these efforts, you can get a customized quote for your mortgage, and you may learn more about the loan application process so that you can proceed with your application with confidence.