Old 07-22-2023, 08:06 AM
  #6  
Duckdude
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Joined APC: Aug 2010
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Originally Posted by Swakid8 View Post
Hey everyone

My wife and I are looking to move into a bigger place from our condo. Looking for suggestions on local lenders in the Virginia Beach/Norfolk area. Thanks!
You might look at the American Airlines Credit Union. You don’t have to work for AA. I got my mortgage with them 21 years ago. A nice feature is that you can pay 1% of the outstanding loan balance and they reset your interest rate to the current rates. I did that twice on my mortgage as rates dropped over the years. It is very simple, takes maybe an hour and they send a notary to your house. And it doesn’t change the remaining number of payments. So I still have 9 years years left on my loan, despite lowering the interest rate twice. Obviously they are used to dealing with pilots.
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