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Penfed

Regular Contributor

Penfed

Hi,

 

I was wondering if anyone could help me understand why my application for a visa with penfed is pending and has been for 5 days already?

 

I called they could not tell me and just said its with a loan officer?

 

Thanks.

 

K

Equifax 657
Experian 711 (Per Lender)
Message 1 of 8
7 REPLIES
Established Contributor

Re: Penfed

It means that they are still reviewing your application. The loan officer is the one that will approve or deny your application.
Message 2 of 8
Regular Contributor

Re: Penfed

is that pretty typical x5 days ?

 

thanks

Equifax 657
Experian 711 (Per Lender)
Message 3 of 8
Established Contributor

Re: Penfed

They must be really busy. I would wait until Monday and see what happens. If they don't have an answer by Monday, then I would start getting worried.
Message 4 of 8
Regular Contributor

Re: Penfed

thank you !

Equifax 657
Experian 711 (Per Lender)
Message 5 of 8
Established Contributor

Re: Penfed

no problem Smiley Happy
Message 6 of 8
Member

Re: Penfed

I wouldnt worry too much. It took them over a week for Penfed to even ask for employment verification from me. Then at least another week to find out if I was approved.
Message 7 of 8
Senior Contributor

Re: Penfed

they can be a bit slow esp when they are overun by loan requests as they often are. continue to be patient, GL.
DCU EQ 5.0, Citi EQ 08 Bankcard, PenFed EX NG2
EX 08: AFCU, Amex, Chase, PSECU EX 98(?)
TU 08: Barclays, Discover
Message 8 of 8