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NFCU PUSHING THE LIMITS....

New Member

NFCU PUSHING THE LIMITS....

asked for personal loan for 20k instantly under review.... 5 minutes later it was approved and received the check the next day only problem is chase is takong 11 days to post the check to my account... plan is to pay a couple payments and pay off loan and ask for 50k... bad idea????
Message 1 of 4
3 REPLIES
New Member

Re: NFCU PUSHING THE LIMITS....

Rental properties is the end game....
Message 2 of 4
Valued Contributor

Re: NFCU PUSHING THE LIMITS....

Yeah chase along with other banks usually take a long time to post a check of the amount, however you could call them and they'll want to talk to NFCU to verify that the check will clear, they'll post it then.
Message 3 of 4
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Established Member

Re: NFCU PUSHING THE LIMITS....


Bshaw14 wrote:
Rental properties is the end game....

I'm curious how you see NFCU fitting into your rental property plans. I'm interested in their interest-only investment property equity loans, seems like a good way to finance some fix & flips and maybe do a BRRRR property. But their amortized investment property loans seem to have a max term of 20 years which seems like it would be hard to cash-flow at those terms. I really dig NFCU and would love to use them for everything but I'm not sure if they're going to be a good partner for my buy & hold investment financing. Curious to hear other ideas.

Message 4 of 4