This content is sponsored by PenFed
If you’re getting ready to buy a home, consider making PenFed Credit Union your first phone call. Not only can we help you find a great low rate on a mortgage, we can help you find a knowledgeable real estate agent and may even save you thousands of dollars in fees.
Real Estate Rewards
With the PenFed Real Estate Rewards program, we can connect you with a network real estate agent and a preferred title provider. When you use them to purchase your new home you could save up to $10,0001 of your loan amount or pay no origination fees² which could save you thousands depending on the type of mortgage you choose.
How does it work?
If you use the Real Estate Rewards program in conjunction with an eligible adjustable rate mortgage, PenFed will give you a promotional credit of 1.5% of your loan amount up to $10,000¹. If you use the program with an eligible fixed-rate mortgage, PenFed will waive the origination fee.2 That can result in a savings of thousands of dollars.
To be eligible for Real Estate Rewards, you must complete the Real Estate Rewards Contract form or contact PenFed at 1-800-970-7766. We’ll connect you to a local real estate agent through our national network. You’re not required to use the services of any PenFed affiliate, however discounts and credits may not apply. To learn more, call us today!
PenFed is federally insured by NCUA and an equal housing lender.
Promotions are in effect as of June 28, 2018 and subject to change without notice. Only purchase transactions are eligible for promotions. To receive any advertised product or service, you must become a member of PenFed.
1 On eligible adjustable rate mortgages, PenFed will give a promotional credit of 1.5% of the loan amount not to exceed $10,000. Available when obtaining an eligible mortgage through PenFed, using a network real estate agent and using our affiliate title providers. In states where PenFed does not have an affiliated title company, and in Florida, New York and Texas, members can choose their own title company and still be eligible for the promotion. Promotion available for the purchase of a primary residence or second home only. Other restrictions may apply.
2 For eligible fixed-rate mortgages, you pay no origination fee. Available when obtaining the eligible mortgage through PenFed, using a network real estate agent and using an affiliated title provider. In states where PenFed does not have an affiliated title company, and in Florida, New York and Texas, members can choose their own title company and still be eligible for the origination fee waiver. The application of additional loan level pricing adjustments will be determined by various loan attributes to include but not limited to the loan-to-value (LTV) ratio, credit score, transaction type, property type, product type, occupancy, and subordinate financing.