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NFCU Mortgage VA Loan?????

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eparker
Frequent Contributor

NFCU Mortgage VA Loan?????

Has anyone used NFCU for their mortgage using a VA Loan?  I was just curious about their loan process, and pre-approval process.

 

 

Thanks

 

 

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6 REPLIES 6
edcampbell613
Contributor

Re: NFCU Mortgage VA Loan?????

They all about the same, your lender is only as good as your Mortgage Officer.

 

When calling and searching, ask questions, 

 

2013 I was over 40% VA, some people in my office never touched them because they did not understand them.

Message 2 of 7
babyeyes00
Regular Contributor

Re: NFCU Mortgage VA Loan?????

I just got pre-qualified last week.  Im wondering the same about NFCU. Ive heard good and bad things about them by reading this forum.  Good Luck to you Smiley Happy Keep us posted.

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klondike
Valued Member

Re: NFCU Mortgage VA Loan?????

Prequalified means nothing.

 

Until you get through underwriting, you are at risk going with a lender that is very large. I would recommend you find someone local you can trust who actually has a relationship with the underwriters. If you have a realtor, they often have good people they would recommend.


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tomfromrictmame
Frequent Contributor

Re: NFCU Mortgage VA Loan?????


@klondike wrote:

Prequalified means nothing.

 

Until you get through underwriting, you are at risk going with a lender that is very large. I would recommend you find someone local you can trust who actually has a relationship with the underwriters. If you have a realtor, they often have good people they would recommend.


NFCU will actually preapprove you so you can go "shopping" with that in hand.  That's what I am doing now, even though I may end up using a different lender.  And to be clear, my loan is a conventional not a VA.




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ShanetheMortgageMan
Super Contributor

Re: NFCU Mortgage VA Loan?????

NFCU in general is pretty conservative when it comes to mortgages.  If your credit is good-to-excellent and aren't trying to max out what you can qualify for then usually there isn't a problem.  Poor-to-fair credit usually isn't as fortunate with them.

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Message 6 of 7
dpechal
Regular Contributor

Re: NFCU Mortgage VA Loan?????

I know you said your using the conventional loan, but I did apply for there VA Loan, I found the LO's and customer service team very disappointing.  They never returned my phone calls, I literally had to beg them to get to the next steps.  I know others have had good experiences with them, but once I seen how they treated potential customers I decided to take my business elsewhere.

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