tag:blogger.com,1999:blog-9544058.post4582744792091363166..comments2008-03-31T20:30:34.574-05:00savvyhttp://www.blogger.com/profile/02544254698136250262noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-9544058.post-24234040015630919462008-03-31T20:30:00.000-05:002008-03-31T20:30:00.000-05:00

Were you able to refinance?

SavingDivahttp://www.blogger.com/profile/10267021491907810696noreply@blogger.comtag:blogger.com,1999:blog-9544058.post-58140792670063983182008-02-16T21:42:00.000-06:002008-02-16T21:42:00.000-06:00

PenFed seems awesome! I use USAA for most things and so far i love them, but always keeping eyes out for others.I actually refinanced, if you can call it that, on our HELOC we got as a 2nd mortgage last summer. Went down from 9.0% to Prime-.45% !!! If you can believe it, our new 5.5% rate is lower than our 1st mortgage @ 6.875%. haha...just gotta "lock" it in some day before it goes up.also

J. Savingshttp://www.blogger.com/profile/11310942434991302826noreply@blogger.comtag:blogger.com,1999:blog-9544058.post-70696448338233564132008-02-02T07:26:00.000-06:002008-02-02T07:26:00.000-06:00

So excited at the thought of refinancing -- but my only military connection is a now-retired Army cousin. Do you think that would work?

Meghanhttp://www.blogger.com/profile/04159568487501934251noreply@blogger.comtag:blogger.com,1999:blog-9544058.post-35101712597216816712008-02-01T05:51:00.000-06:002008-02-01T05:51:00.000-06:00

William - my 2nd mortgage is from PenFed as well. They actually have a 4.99% right now. I'm guessing the reason your second is so much is that you exceeded 80% LTV?

savvyhttp://www.blogger.com/profile/02544254698136250262noreply@blogger.comtag:blogger.com,1999:blog-9544058.post-47551777716111124492008-01-31T18:15:00.000-06:002008-01-31T18:15:00.000-06:00

How did you get your second loan so low? I just closed in December and am stuck paying 7.75 on my second (ouch!).

Williamhttp://www.blogger.com/profile/00392983609300569405noreply@blogger.comtag:blogger.com,1999:blog-9544058.post-2309788656226711142008-01-31T14:51:00.000-06:002008-01-31T14:51:00.000-06:00

PenFed is a government credit union. Their membership is pretty loose... if you have any family members that are in the military or retired military then you can join. They have great rates on just about everything except savings and checking.I tried refi-ing our apartment building, but couldn't do any better than what we currently have.

savvyhttp://www.blogger.com/profile/02544254698136250262noreply@blogger.comtag:blogger.com,1999:blog-9544058.post-77166997068691183782008-01-31T13:27:00.000-06:002008-01-31T13:27:00.000-06:00

I hear a lot about PenFed in the blogosphere. Isn't this a credit union? And isn't it only for government workers or can the rest of the world use their products?Curious - Love your idea to re-fi. My rate is 5.125% so I don't think it would be good for my home - but I'm seriously considering my other properties getting a rate decrease.

Dedicatedhttp://www.blogger.com/profile/13253101883627114010noreply@blogger.com