I’m currently window shopping for my first home and I went to Veterans United website to try and get pre-approved to see where I can go from there. I got to the part where I needed to submit my LES and didn’t go any further from there. I did get a number for a pre-approval.
My main question is… Has anyone gotten a charge on their bank account from them? I’ve gotten it 4 different times in 2 weeks, all less than $100. I’ve looked online and I don’t seem to find a legit answer. TYIA.
EDIT I did not connect my financial institution on my VU account, just my MYPAY… So how were they able to charge me for something I didn't authorize?
Veterans United pre-approval
byu/T-HawkShooter inMilitaryFinance
Posted by T-HawkShooter
3 Comments
Don’t use Veterans United/NCFU/USAA/etc. No need to be a retail client and get retail rate/fees. Ask your realtor for a referral to a correspondent lender (AKA broker). A VA loan is a VA loan so all you need are the cheapest rate and fees; a broker will help you get that.
I used them as a bargaining chip for other companies. Was never charged anything.
Run away! VU is sneaky and will try to get every penny than can from you. The conversation I had on the phone didn’t translate to the paperwork they sent me where they tried to sneak in $5k upcharge on a refinance. When I called them out on it they said it was a typo. Yeah right and I’ve got property for sale on the moon.