To continue enjoying all the features of Navy Federal Online, please use a compatible browser. You can confirm your browser capability here.

Get the Right Mortgage and Save Money, Too

When you close on a home loan with Navy Federal, you could save an average of $2,500 with our low rates and fees and no PMI requirement.1 And, if you buy or sell a home through RealtyPlus®, you could also get up to $9,000 cash back.2

Rates & Loans Options

VA Loans

Interest as Low As 5.375%

APR as Low As 6.109%

Conventional Fixed Rate

Interest as Low As 5.250%

APR as Low As 5.443%

Why Choose Navy Federal for Your Mortgage?

We have a loan option for you and special features to make sure you get a great deal.

  • Preapprovals in seconds
  • Special Freedom Lock—your rate is protected4
  • VA Loan expertise—we're a top lender!
  • Loan options with no down payment5
  • No PMI required
  • Rate match guarantee6

Learn More about Navy Federal Mortgage Loans

Enjoy a Smooth Mortgage Experience With HomeSquad

Fast Preapprovals, Step-by-Step Guidance and 24/7 Access to Your Loan Status

Learn More about HomeSquad

Where Are You in Your Journey?

Whether you’re gathering information, crunching the numbers or preparing to fill out your application, we have the tools and resources you need.

Learn More about the homebuying journey

Mortgage Calculators

From estimating closing costs to deciding how much home you can afford, our calculators can help you make decisions about your mortgage.

See All Calculators

Up to $9,000 Cash Back With RealtyPlus2

Use RealtyPlus to choose a top-performing real estate agent in your area, and you could earn up to $9,000 cash back. Exclusive for Navy Federal members.

Find Out How Much Cash Back with RealtyPlus

Mortgage Refinancing

Already have a mortgage and want to refinance for a different interest rate or shorter term? We have loans that might be a good fit.

Learn More about mortgage refinancing

Homeowner Resources

View MoreHomeowner Resources



Average savings calculation based (1) on an internal analysis of 2022 Navy Federal Credit Union 30-year fixed mortgage rates, fees and points and comparable rates, fees and points as published by Freddie Mac (see on a $353,000 home loan; and (2) an estimate of the annual cost of PMI on a $353,000 conventional mortgage loan with an LTV above 80%.


The cash-back bonus is offered in most states and is available for individual sales and purchases of property; offer limited to one cash-back bonus per property with no limit on the amount of times you may use the program. In some states, a gift card or commission credit at closing may be provided in lieu of the cash-back bonus. The program is not available in IA or outside the U.S. Cash-back bonus is not available in AK or OK. In KS and TN, a gift card with preloaded points that are ready for spending at specified retail establishments after closing will be issued. State regulations in KS limit the dollar amounts and the type of incentive. In MS, NJ, and OR, a commission reduction may be available at closing. Please check with the program coordinator for details. This is not a solicitation if you are already represented by a real estate broker. The cash-back bonus is only available with the purchase or sale of your home through the use of a program-referred and -approved real estate agent. The size of your cash-back award depends on the value of the property you are buying or selling. Obtaining the full $9,000 cash-back award requires transacting in a property valued at $3 million or greater. To calculate the size of your potential cash back, please visit the RealtyPlus website: All real estate transactions are negotiable. Contact RealtyPlus for terms and conditions. Standard listing fees apply. The program award is not available in certain transactions with restricted agent commissions (including many new construction, For Sale by Owner, or For Sale by iBuyer transactions). Your assigned agent can help you identify any transactions where the award would not be available. This program is offered, in part, by Realogy Lead Management Services, Inc. d/b/a Realogy Leads Group (RLG). RLG may receive a co-operative brokerage fee as a result of a referral to the real estate companies listed above. Program terms and conditions are subject to change at any time without notice. Additional terms, conditions, and restrictions apply.


A VA loan of $300,000 for 15 years at 5.375% interest and 6.109% APR will have a monthly payment of $2,431.
A fixed-rate loan of $300,000 for 15 years at 5.250% interest and 5.443% APR will have a monthly payment of $2,411.
Taxes and insurance are not included; therefore, the actual payment obligation will be greater. For primary residences and second homes only. If you have less than your VA home loan entitlement, limitations to your loan amount may apply. This rate offer is effective 03/20/2023 and subject to change. Rates based on creditworthiness, so your rate may differ. All loans subject to credit approval. Rates quoted require a loan origination fee of 1.00%, which may be waived for a 0.25% increase in the interest rate. Many of these programs carry discount points, which may impact your rate.


Special Freedom Lock is available for new applications on purchase and refinance loans at no additional fee for a 60-day lock. You must request the Special Freedom Lock option during the initial lock request. You may request a lower rate no more than two times, with a maximum cumulative interest rate reduction of 0.50%. You must monitor rates to decide when to exercise the option to lower the rate.  All requests for a lower rate must occur at least seven (7) calendar days before closing.


Product features subject to approval. Available for purchase loans only. Loans are subject to an additional funding fee, which may be financed up to the maximum loan amount. 


Guarantee to receive rate match only applicable if all conditions are met. Available for purchase and refinance first mortgages. Certain product exclusions may apply. You must lock your rate with Navy Federal prior to submitting rate match request to qualify. A Loan Estimate and the rate lock disclosure from the competing lender must be received within 3 calendar days of locking with Navy Federal. The rate must be locked with the competing lender. The date of the Loan Estimate and the lock effective date with the competing lender must be within 3 calendar days of the rate lock with Navy Federal. Please note that no other documentation may be used to show competitors' terms. The terms of the competing loan must be identical to Navy Federal's loan; for example, a 30-year, fixed-rate product with mortgage insurance is not identical to a Navy Federal 30-year, fixed-rate product that does not have mortgage insurance. If the loan does not close within the commitment period, the rate match may be voided. NOTE: The initial Loan Estimate from a wholesale lender/broker is not an acceptable document for a rate match submission unless the Lender Information section on the Loan Estimate is completed. To receive $1,000, you must provide a signed, executed copy of the final Closing Disclosure and a copy of the final mortgage note within 30 calendar days of your loan closing with the original competing lender. Not valid if original loan terms or conditions change prior to closing. Once approved, $1,000 will be automatically deposited into your Navy Federal account within 30 calendar days of receiving the necessary documentation. Recipient is solely responsible for any personal tax liability arising out of this incentive.