PenFed Credit Union Mortgage Review 2023 News2america

Find Top Mortgage Lenders

Min. Down Payment
Min. Credit Score
Min. Down Payment
Min. Credit Score
Min. Down Payment
Min. Credit Score

Borrowers looking to buy a home, refinance a mortgage or tap equity will find many options, including:

Terms and conditions vary widely based on the type of mortgage you choose.

A broker credit is available at closing based on your loan amount after applying. The credit for loans on purchase prices of up to $699,999 is $1,000; the credit is $1,500 for purchase prices of $700,000 and up. You must also use a referred PenFed real estate network agent for the home purchase to qualify.

PenFed Credit Union members can take advantage of discounts on home insurance from Travelers and TruStage, underwritten by Liberty Mutual.

Requirements vary by loan.

Certain borrowing requirements can be found online, including down payment amounts, as well as details about other types of mortgages. But your best bet is to contact PenFed directly for information based on your financial situation.

PenFed provides a number of ways to receive customer service:

PenFed’s digital mortgage tools allow you to:

  • People who hope to claim the lender credit.
  • People who prefer an online mortgage application.
  • People who want a variety of loan options.   

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