Originally Posted by
Swakid8
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.