Compare rates among these three banks. Whichever you choose, you’ll end up with a very competitive rate, low fees, and outstanding customer service.
1. Pentagon Federal Credit Union – my first home loan was through PenFed. I found them through the FatWallet finance section. When every bank offered me 7.0 percent, PenFed came in at 6.25. They are very competitive with closing costs as well.
2. USAA – while USAA may not always have the lowest rate, they are competitive and should be compared when shopping for a home loan. Their customer service is unmatched. One caveat: USAA transfers the servicing of your home loan to US Bank once the application process is complete. I refinanced with USAA and was bummed to find out that I had to use a separate website and login.
3. Navy Federal Credit Union – I consistently see NFCU compared with PenFed and USAA as having the best rates in the business.
Who do you recommend when comparing home loans? Let us know in the comments.