06-18-2009, 08:28 AM
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#11 (permalink)
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A True Z Fanatic
Join Date: Feb 2009
Location: Las Vegas, NV
Posts: 8,465
Drives: No cars; only bikes
Rep Power: 53
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Quote:
Originally Posted by AK370Z
I'm just curious, why do some of the members here had to fax their paystub? It took me 6 minutes(if that) from starting the application to get approved for the loan. Maybe it depends on credit score??  I'm guessin, after certain credit score, they don't need the paystubs? |
PenFed requires pay stubs from some people who's credit rating may not necessarily be the best in order to fully qualify them for the best rate, and to of course, prove how much they are making. I had to do it myself for my first loan through them 5 years ago, but not for this loan.
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