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PenFed is the nation's third largest federal credit union, [2] with assets of $34.8 billion and more than 2.8 million members as of December 2023. [ 3 ] In addition to a variety of loans, savings, and deposit accounts, PenFed also offers credit cards [ 4 ] and other financial services.
PenFed is better for smaller loans and lower rates If you need to pay for a small expense, Penfed is a better option than SoFi. Penfed’s minimum loan amount is $600, while SoFi’s is $5,000.
HomeServices of America is the United States' largest residential real estate services company, based on closed transactions. The company provides real estate brokerage services, mortgage loan origination, franchising, title insurance/escrow and closing services, home warranties, property insurance, casualty insurance, and relocation services.
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The company offers consumers access to a variety of residential lending products including mortgages, solar financing and home improvement loans. [29] As of 2023, the company has loaned more than $23 billion to over 380,000 households upgrading to sustainable power across 50 states. The default rate on their loans is less than 1%.
It provides savings, checking accounts, CDs, money-market accounts, IRAs, credit cards, auto loans, and home mortgages. In February 2019, the credit union announced plans to merge with Pentagon Federal Credit Union, [55] completing to convert customers to those of PenFed on May 1, 2019. [56]
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