Anybody have experience with PenFed for a VA loan? Came up in a search and their rates are extremely competitive. Any reason I shouldn't take the lowest bidder?

like
Posting as :
works at
You are currently posting as works at

A difference of .5% in your interest rate saves you maybe $15-20k. That’s over 30 years so that’s less than $100/month. Will PenFed keep your loan or will they sell it to someone else? Are you okay with dealing with another bank or do you want PenFed? What are the closing costs? What are some lender credits?

like

One lender charges $1,195 in fees.
The other lender offered $7,007 in credits.

Go with the lowest. Mortgage companies will sell your loan anyway, so you’ll end up with a different company.

like

If closing is a concern then use a local mortgage broker. I tried refinancing with penfed and it was a terrible process.

I have PenFed. They’ve been solid. Wont sell off your loan.

like

Check out AmeriSave, they will help you find the best deal.

like

I haven’t used them yet, but I’ve decided to and my loan agent is incredibly responsive, which has been key to getting bids out. I also really like that they’re averaging 20 day closes for VA loans, making us more competitive.

like

Well that escalated

Post Photo
funny

I would love to see a partner send an email like this to a client who chose another firm.

May as we'll say, "But...I thought we were friends!"

I recommended she automate more of her processes to prevent unnecessarily attending time away from family.

likefunny

Closed with them a couple of weeks ago. Their communication can be spotty but we closed on time with no issues.

Thanks everybody. Good to have some positive reviews. Got for estimates and they were the best, so going with them.

Ask the local lender if they can match.

$8k in lending fees? That is robbery. I only has to pay the appraisal fee.

Related Posts

Who all is looking to buy a house and in what area?

NFA, but will be buying up sub 20K BTC… DYOR 🥲

Post Photo
like

I paid for my kid’s college fee this year and last year thinking I will use 529 in future for second kid but now I am having second thoughts as I need little more money to buy an investment prop cntd

like
like

Pro tip: live close to poorer people to feel rich. The feelings of wealth are extremely subjective and is mainly based on comparison

likefunny

How is it possible to have positive IRRs when my MoIC is negative? I have several sizable cash flows in first few months then capex for next few months before positive cash flows. Plz help

like

Vanguard Digital Advisor ( 4 ETFs, 0.15% fee) vs HSBC Financial Advisor (15-20 funds, 1.5% fee) which one to go for nest egg growth 100k starting

like

Why do there seem to be so many comparison threads of achieving XX salary/net worth by age Y?, especially amongst younger people? Is this the fallout of social media and do you think it’s a generation-wide thing, or just contained to folks in “preftigious” circles?

like

I’m an early startup having raised a bit of money from family and friends to help grow my business. Time is moving fast and I’m potties I won’t hit my targets and being the return back to those who invested.
Once I have used the money that’s been invested there’s no way of seeing it again and still bringing the return quick enough.

The numbers still show it’s possible, I still believe in the concept and I’m still growing, I think I just have some imposter syndrome.

Any advice?

like

Having trouble selling my (retired) dad's house. It needs a lot of work, but has great character. What if I buy it myself for a low, low price? Then I would be able to get a FHA 203k loan to do the updates. Rent it out or put it back on the market in the spring.

like

Can we show rent paying to parents if we are living with them.. Do company mandates that parents should be living in different city to qualify for such HRA exemption.

likehelpful

Hi do you interview from time to time just to check what’s your market worth?

like
like

Anyone else crazy and buying a house right now? Part 2, does anyone have new construction experience and any important lessons learned? Much appreciated!!

like

Has anyone dealt with Peachtree Residential before? They build homes primarily in Atlanta and Charlotte.

like

Other than Airbnb, what is the best way to find month to month rental options?

like

Thoughts on btc becoming a new global currency by 2030? Not as optimistic as I once was after seeing all of these countries trying to create their own cryptocurrencies instead.

like

I have square stock that I bought at 240, do I hold? And what’s everyone’s thoughts on Zoom? Sell or hold?

like

What’s the fastest WI-FI provider in Austin? I have Spectrum abs it’s not fast enough for my house of 5

like

More Posts

That feeling that your boss finds out you have a mental disability makes you wonder if he still views you as an asset or a liability. I’m a bit scared on how my work performance will be evaluated.

like

Anyone have any deck writing tips or sites to ramp up an analysts skills?

like

25 years old consultant . Net worth is -69k. 40k in student loans. The people of fishbowl do inspire me with their 700k net worth by the age of 3 posts.

likefunnyuplifting

Why does PWC Kolkata SDC pay so low?
Only 16lpa fixed (senior associate 1), is it worth joining?

like
like

What happens if you quit your job while in the process of getting a clearance?

Any thoughts on iCapital?

like

Hi all, i am selected in Infosys and offer got released and everything is finalized. Now from Infosys bg practice they asked for "Abbreviation for initial" i just reverted back to them... Will this be an issue in joining... Won't this BGV completed before releasing the offer letter.. is there any phone number i can speak to them or will I get any updates after successful completion of BGV... Need your inputs on this.. TIA..

like

My problem with this bowl is it makes me want one of each kind of cat I see here and I have neither the space nor the budget!

likefunny

New hire commandeered my office chair

Post Photo
likeuplifting

Does anyone know how is tech mahindra’s telefonica client
Have offers from techm dassault ststem and cognizant.

How much does amazon pay for senior technical pm? How does that correlate to deloitte senior manager salary?

likehelpful

Can someone share their experiences on work life balance and culture within Charles Schwab ? A family member will be joining their workforce as a software engineer. We’d love to learn from employee experiences. Charles Schwab.

like

Any other junior tax lawyers here feeling discouraged by how steep the learning curve is? 🥲 I started remotely too and training has not been the best…

like

Does kpmg provide work from home permanently?

like

Dell vs SAP labs which is better in terms of work?

like

Any advice (besides good GMAT) on how to get into a top MBA post consulting? Im a public sector consultant.

like

Anyone work at Ripple that would be willing to chat?

Has anyone successfully landed a job in Europe as an American Citizen? I’m really looking into moving to London/Amsterdam or Berlin.

like

Product marketing or product management? Which is more strategic and less technical at most big tech companies?

like

Additional Posts in Veteran Bowl

This veteran just finished his last final (on the first day of finals week!). Commencement next Monday. Will take a few months off to hang with my family and start at PwC in the fall! Time for a beer

like

Has anyone heard of The Next Step program at Dartmouth’s Tuck school of business? I’ve been Encouraged to apply

like

Any veterans here still serving in the Reserve? Drill Hall is a new bowl here.

like

Colleagues, if any of you are interested in helping severely disabled combat veterans get homes adapted for their disabilities, let me know. My wife recently started working for former NFL linebacker Jared Allen and his foundation. We're trying to figure out how to leverage the power of the big consulting firms to help our brothers and sisters in need.

like

M7 Bschools with most scholarship opportunities for vets?

Received bad news from Accenture today. Unsure of what they were looking for. I was referred for on a JMO application.

Post Photo
like

Tricare Q:

Vets using Tricare with a family. I’m out and can use Tricare with the VA, but my wife and I each use our company offerings for our family; which obviously come at cost. Is it worth it to switch to Tricare? Has anyone done this and can share details? Positives/negatives?

like

I got a job offer at GSA in Washington DC for their pathway program from GS9-GS12. I currently work in a private company and wanted to switch to federal government. The reason I wanted to switch is to get good person for my family because I'm still in the Reserve and would be able to buy time for my retirement. My wife doesn't why I'm leaving the private company. I bought my house in Iowa and I live my family. Just need advice. Thanks

like

Accenture is in the full gear military recruitment season. I was hired on through the process a few years ago and it’s been great ever since. They have paths for officer and enlisted. DM if interested

likehelpful

For those of you who got out at 10, do you wish that you rode it out to 20? I’m at a crossroad and I’m not sure what to do. Have some active/reserve time, wrapping up graduate school, and am now considering either a) come back to the business world or b) go active and retire before 50 and live off a nice pension. Obviously there are draws to both. I’m an officer for what it’s worth so I can realistically retire at O-5, MAYBE O-6.

likesmarthelpful

Founded a Nonprofit to help coach veterans in transition and exiting first responders and their families while focusing on changing the stigma of mental health conversation.

Cont

like

Anyone working at Raytheon or lockheed . Applied for several positions and nothing. Currently transitioning to civilian life and job hunting

like

I want to buy a new home and then sell my current home after we are moved out. Current home is a VA loan, is there any way to buy the second house on a VA loan?

like

How does First Advantage verify current military service during the BI? Curious if they have access to medical records or full personnel file

like

Tis the season: If anyone is cleared and interested in a referral to ☝️, please feel free to reach out.

likefunny

I did my time and got out and was thrilled but now I am insanely bored and don’t have much motivation. Am considering getting back in or applying to become a police officer / fed...cont

like

Hey Ladies & Gents,

I'm trying to find anyone I can talk to about getting into DISA or CISA. Anyone have any experience with USAJobs and navigating the federal application and interview process?

like

Any Vets here consulting in the DC area? Thinking about making a move.

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal