Submitted by Cool_Ad5407 t3_zzn7bx in personalfinance
Cool_Ad5407 OP t1_j2cnk5c wrote
Reply to comment by BouncyEgg in Does having money in the bank you are requesting a loan from matter by Cool_Ad5407
For example I'm keeping some cash inside a navy federal credit union so in the future it will contribute to me getting a good loan from them
BouncyEgg t1_j2co1ka wrote
That won't matter one single bit.
Cool_Ad5407 OP t1_j2cojr8 wrote
Good to know thanks
AdditionalAttorney t1_j2djeak wrote
It won’t matter for the terms of the loan offered. It could speed up the underwriting bc they already have access to certain information
jeanzandpearlz t1_j2dr9s5 wrote
Generally speaking, with a credit union, you do need to have an account or be a member to secure a loan with them.
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