Penfed Purchase Mortgage Closing

Penfed seems to have unbeatable deals on their 30 year fixed currently at 2.625 with $1000 lender credit.

That begs the question, anyone closed recently and can they get it done in a timely fashion?

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7-8 years ago they were unbeatable. When I last dealt with them 5 years ago they were horrible (massive delays, no follow-up, “don’t give a shit” attitude, etc.).

It would be nice to see them come back into play - when they were good, they were really good.

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Check the bogleheads mega refinance thread. There may be deals that beat that.


yep same thing with a HELOC. They must be using 3rd party admin.