1You are not required to use PenFed's network of real estate agents as a condition of obtaining products or services from PenFed. By using PenFed's network of real estate agents, PenFed may receive a financial or other benefit. You are free to shop around to determine that you are receiving the best services and the best rate for these services.
2Some pre‑approvals may be issued using a soft credit inquiry that does not impact your credit score. Depending on the loan program, borrower profile, or underwriting requirements, a hard credit inquiry may be required. The Power Buyer Program requires a hard credit pull. Connect with a loan officer to confirm if a no credit impact pre‑approval applies to your situation.
3The $10,000 pricing difference is based on the annual percentage rate (APR) advertised by Rocket Mortgage for a conforming conventional 30-year fixed mortgage with a loan amount of $350,000, loan-to-value ratio of 80%, and a credit score of 740 (as of January 27, 2026).
4Members become Very Important Buyers (VIB) and are eligible to receive the lender-paid closing credit when their transaction is completed with both PenFed mortgage and the qualified PenFed real estate network agent to (1) purchase their new home, offer valid for completed purchase applications received on or after April 3, 2025, or (2) to purchase a home listed by a Berkshire Hathaway HomeServices PenFed Realty agent, offer valid for completed purchase applications received on or after October 6, 2025; subject to qualification and approval. Member must use the qualified PenFed real estate network agent assigned to member to close their real estate transaction. If member has already closed on a property or is currently using, and wishes to continue using, a non-PenFed real estate network agent, member will not qualify for this benefit. Lender-paid closing cost credits include: loan origination fee, appraisal fee, tax service fee, flood certification fee, credit report fee, soft credit report fee, and escrow waiver pricing adjustment, if applicable. Members can obtain lender and real estate services separately, but the lender-paid closing credit will not apply. Credits may be reduced if all credits received, including seller credits, have reached the maximum allowable credit limit for the selected loan product. Terms and conditions apply and are subject to change without notice. This is not a commitment to lend.
To receive the advertised product, you must become a member of PenFed Credit Union, which is federally insured by the NCUA.
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