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luckyinlove
I love my baby girls!
Member since 12/06 2441 total posts
Name:
Lauren
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Pentagon Federal Credit Union?
Someone that DH works with has recommended Pentagon Federal Credit Union for a mortgage-- it is an online bank with decent rates, and it boasts NO CLOSING COSTS. To me, this sounds too good to be true-- have any of you had any experience with them, or heard anything about them?
pentagon fed. credit union
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Posted 2/16/07 7:59 PM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
Eleanor
LIF Adult
Member since 2/06 2223 total posts
Name:
Ellie
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Re: Pentagon Federal Credit Union?
usually credit unions have specifications on who can be members:
Pentagon Federal Credit Union serves 700,000 members in the Air Force, Army, Coast Guard, Department of Homeland Security, Department of Defense, defense-related companies, and the Veterans of Foreign Wars. We were federally chartered in 1935 and serve our members worldwide.
Do you fit one of these categories?
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| Posted 2/17/07 3:04 PM |
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mamochk
LIF Toddler
Member since 11/06 379 total posts
Name:
Alison
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Re: Pentagon Federal Credit Union?
We actually used them to take a loan out when we bought my truck.... My DH did alot of research, no complaints...
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| Posted 2/17/07 5:59 PM |
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luckyinlove
I love my baby girls!
Member since 12/06 2441 total posts
Name:
Lauren
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Re: Pentagon Federal Credit Union?
Yes- we can use them. Even if you have a grandparent who was in the service, you can use them. I have spoken to a few people today who have used them for mortgages, and they all said that PFCU was legit and quite reasonable. I guess that it is something I will be looking into...
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| Posted 2/17/07 7:27 PM |
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alnem
This is gonna be a good year!
Member since 2/06 9562 total posts
Name:
Emily
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Re: Pentagon Federal Credit Union?
Posted by luckyinlove
Yes- we can use them. Even if you have a grandparent who was in the service, you can use them. I have spoken to a few people today who have used them for mortgages, and they all said that PFCU was legit and quite reasonable. I guess that it is something I will be looking into...
did those people you spoke to say that they had no closing costs at all? if so, that's awesome!
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| Posted 2/17/07 8:47 PM |
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luckyinlove
I love my baby girls!
Member since 12/06 2441 total posts
Name:
Lauren
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Re: Pentagon Federal Credit Union?
Posted by alnem
Posted by luckyinlove
Yes- we can use them. Even if you have a grandparent who was in the service, you can use them. I have spoken to a few people today who have used them for mortgages, and they all said that PFCU was legit and quite reasonable. I guess that it is something I will be looking into...
did those people you spoke to say that they had no closing costs at all? if so, that's awesome!
I think that you have to pay something-- it is probably less than the typically 12-15k, I didn't ask the exact amount b/c I didn't want to pry, but I think that the closing costs would prob. be around 7k maybe? I don't know, but I am definitely looking into it!
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| Posted 2/17/07 9:35 PM |
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alnem
This is gonna be a good year!
Member since 2/06 9562 total posts
Name:
Emily
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Re: Pentagon Federal Credit Union?
Posted by luckyinlove
Posted by alnem
Posted by luckyinlove
Yes- we can use them. Even if you have a grandparent who was in the service, you can use them. I have spoken to a few people today who have used them for mortgages, and they all said that PFCU was legit and quite reasonable. I guess that it is something I will be looking into...
did those people you spoke to say that they had no closing costs at all? if so, that's awesome!
I think that you have to pay something-- it is probably less than the typically 12-15k, I didn't ask the exact amount b/c I didn't want to pry, but I think that the closing costs would prob. be around 7k maybe? I don't know, but I am definitely looking into it!
that's awesome! keep us posted...i'm sure alot of girls on here would love a tip on a great deal!
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| Posted 2/17/07 10:16 PM |
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Eleanor
LIF Adult
Member since 2/06 2223 total posts
Name:
Ellie
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Re: Pentagon Federal Credit Union?
Posted by luckyinlove
Yes- we can use them. Even if you have a grandparent who was in the service, you can use them. I have spoken to a few people today who have used them for mortgages, and they all said that PFCU was legit and quite reasonable. I guess that it is something I will be looking into...
It might be a good deal. Credit Unions usually can give better deals, because they are member-owned and not out for making huge profits like the commercial banks. They give the profits back to their members
good luck (remember you will still have to pay some things at closing like property taxes, oil, and some mortgage)
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| Posted 2/18/07 7:39 AM |
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