Flexible Financing Options for Your Rental Properties
Investment property ownership offers buyers plenty of benefits, including additional income through rental opportunities and potential tax benefits.1 Navy Federal offers residential investment property financing using a 15-year conventional fixed rate.2
No Prepayment Penalties
Able to pay off your loan early? No problem. Navy Federal doesn’t charge penalties for paying off your loan early.
25% Down Payment Required
All Navy Federal investment property mortgage loans require a 25% down payment.
Available for Purchase or Refinance
If you already have a mortgage on your investment property and want to refinance for a different interest rate or shorter term, this loan may also be a good fit.
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Why Choose Navy Federal?
Great loans. Expert guidance. Best-in-class loan service. As a Navy Federal member, you get access to additional benefits to help save you time and money. Get your loan, real estate agent, title services and loan servicing all through us.
Mortgage Learning Center
The Mortgage Process
It starts with a preapproval and finishes with your perfect home. We've broken down the process to make it easier for you.Learn More about The Mortgage Process
A preapproval lets sellers know you're a serious buyer and gives you more negotiating power when it comes time to make an offer.Learn More about Get Preapproved
Monthly Mortgage Payments
Use this calculator to estimate what your monthly mortgage payment could be.Learn More about Monthly Mortgage Payments
Making a Payment
Find out what makes up your monthly mortgage payments and learn about convenient payment options.Learn More about Making a Payment
Find out how we calculate your escrow payments and get answers to your most frequently asked questions.Learn More about Understanding Escrow
Managing Your HELOC
Get answers to questions about your HELOC, including how we calculate your interest rate.Learn More about Managing Your HELOC
1 This information is intended to provide general information and should not be considered tax advice. Please consult a tax professional for more information. ↵
A fixed-rate loan of $250,000 for 15 years at 2.250% interest and 2.535% APR will have a monthly payment of $1,638.
A fixed-rate loan of $250,000 for 30 years at 2.750% interest and 2.926% APR will have a monthly payment of $1,021.
Taxes and insurance not included; therefore, the actual payment obligation will be greater. ↵
3 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, LA 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 $8,000 cash back award requires transacting in a property valued at $1.75 million or greater. To calculate the size of you potential cash back, please visit navyfederal.org/realtyplus. All real estate transactions are negotiable. Contact RealtyPlus for terms and conditions. Standard listing fees apply. ↵