Re: penfed refinance
01-22-2013 09:51 PM
To be honest, there is very little chance of that happening. PenFed is a very consevative llender and has some pretty inflexible credit requirements. They require a near perfect payment history of about 2-4 years, especially on account of any current auto loans. Moreover, they also need a pretty low CU, something well below 30 percent, especially if your mother is looking for the 1.99 percent/60 months refi deal.