PenFed Encourages Homebuyers to Start with a Lender to Save Closing Costs
As National Open House Weekend approaches, PenFed Credit Union is promoting the benefits of connecting homebuyers with mortgage lenders before beginning their property search. A survey by Atomik Research commissioned by PenFed found affordability remains top-of-mind for buyers, with many concerned about overpaying or missing better prices if they delay entry into the market. PenFed's Very Important Buyer (VIB) program aims to help eligible homebuyers save on closing costs and connect them with trusted real estate agents. The survey also revealed that three in four respondents would appreciate assistance from their lender in finding a reliable agent, highlighting growing interest in integrated support during the buying process. By starting with a mortgage lender, buyers can better understand financing options, set realistic budgets, and streamline decision-making when touring homes. PenFed emphasizes this approach as a way to reduce financial stress and improve confidence among first-time or hesitant homebuyers.
