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Has anybody used LA Capitol Federal Credit Union for Mortgage?

Posted on 10/22/24 at 10:39 am
Posted by Tmar1no
Member since Jan 2014
588 posts
Posted on 10/22/24 at 10:39 am
They are offering a great rate for mortgage right now 5.625 if you put down 25%. My bank lender from previous mortgage said they cannot match that rate or even come close (6.5%).

The service all loans that they get and do not sell them

What are the cons of going with a credit union over a bank?

Anyone have any experience with this company or have issues closing or paying their loan?
Posted by Dicky
Member since Jun 2017
599 posts
Posted on 10/22/24 at 12:30 pm to
I’ve owned a few homes through a La Cap mortgage over the years. Never had any issues and the rates can’t be beat. Don’t know of any cons and not sure why more people don’t use them tbh.
Posted by Penn
Jax Beach
Member since Jan 2008
23642 posts
Posted on 10/22/24 at 3:41 pm to
Absolutely no reason not to do business with them

They have money to lend and will take care of you
Posted by bubbz
Baton Rouge
Member since Mar 2006
23086 posts
Posted on 10/23/24 at 8:00 pm to
Nah, it would be fine. They will take care of you.
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