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I refinanced my loan from Cap1 to my credit union, and Cap1 says it is paid, closed, title release is in the mail as of July 14. Does anyone have experience with how long it will be until they report the loan as paid and closed?
The new loan from my CU is already showing on my reports, and I'm planning for a PenFed app soon. I'd like to not have the loan reported double when I apply.
Give it at least a month for them to update your reports. So you will have to wait a bit on your Penfed application...