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Old 04-30-2010, 08:25 AM   #201 (permalink)
Billarf
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Quote:
Originally Posted by slease View Post
Thanks for the great info AK.

I applied and got pre-approved but Penfed said they want a purchase order before I can get the loan.

What exactly does this mean?

Just let your dealer's finance guy know Penfed wants a purchase order and your finance guy just faxes it/the needed info to Penfed. Once Penfed receives the info and verifies all they will grant the loan to you.
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