Member Discounts

¹From select manufacturers.

²Members are eligible to receive the real estate broker-paid closing credit when their transaction is completed with both PenFed mortgage and the referred PenFed real estate network agent to purchase their new home. Member must use the PenFed qualified 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, an unqualified PenFed network real estate agent, member will not qualify for this benefit. Real estate broker-paid closing cost credit will be $1,000 for purchase prices less than $700,000 and $1,500 for purchase prices greater than or equal to $700,000. Credit must be listed on the sales contract or addendum, and on the final Closing Disclosure (CD). Members can obtain lender and real estate services separately, but the real estate broker-paid closing cost credit will not apply. The seller and/or other credits must be reduced if the loan has reached the maximum allowable credit limit per the loan product.

Due to state guidelines the real estate broker-paid closing cost credit is not available in AK, IA, KS, LA, MO, MS, OK, OR, or TN.

³This product may not be available to residents of all states.