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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 a 15-year conventional fixed rate2 designed to maximize your return on investment.

Loan Features

  • No Prepayment Penalties

    Able to pay off your loan early? No problem. Navy Federal doesn’t charge penalties for paying off your loan early.

  • 15% Down Payment Required

    All Navy Federal investment property mortgage loans require a down payment, sometimes as low as 15%.

  • 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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Apply Now for an Investment Property Financing

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To get details on investment property mortgage rates, call 1-888-842-6328 today.

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Get the Best Investment Property Mortgage Rates

We’re committed to helping you get the best possible investment property mortgage rates. To improve your rate, we suggest following these tips:

Reduce your debt

Less debt means more room to cover mortgage payments for your investment property. 

Increase your cash reserves

Lenders like to know that you're financially secure enough to cover your payments. In most cases, they want to see at least enough liquid assets to cover 6 months of mortgage payments. However, 12 months puts you in an even better position.

Improve your credit score

A higher credit score helps you secure a lower down payment and makes you eligible for a lower rate.

Increase the size of your down payment

A larger initial down payment means that you'll borrow less money, making you less of a risk to your lender. 

Visit Our Home Buying Center

Our Home Buying Center has everything you need to de-stress your next address. Learn about your loan options, the benefits of a Verified Preapproval letter and different ways you could save money. 

Learn More about our Home Buying Center

Find a Real Estate Agent3

Finding the right home starts with finding the right real estate agent. Use RealtyPlus® to connect with a top-performing real estate agent in your area. Plus, you could earn cash back. Exclusively for Navy Federal members.4

Learn More about RealtyPlus.

Mortgage Learning Center

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Homeowner Resources

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This article is intended to provide general information and shouldn't be considered legal, tax or financial advice. It's always a good idea to consult a legal, tax or financial advisor for specific information on how certain laws apply to your situation and about your individual financial situation.


A fixed-rate loan of $300,000 for 15 years at 6.000% interest and 6.197% APR will have a monthly payment of $2,531.
Taxes and insurance not included; therefore, the actual payment obligation will be greater. All loans subject to credit approval.
Jumbo Loans: Loan amounts greater than $766,550 In AK and HI, the Conforming loan limit is $1,149,826. The Jumbo rates quoted above are for loan amounts above $766,550 up to $2,000,000.


Customer satisfaction claims are based on 2021 Anywhere Leads Inc.’s surveys of customers who bought or sold a home using a program serviced by an Anywhere Leads Network agent or using an Anywhere Leads Network agent.


The program is only available for individual home purchases/sales in the contiguous US, Alaska, and Hawaii, excluding Iowa and all employer-sponsored relocations. You are not required to receive financing through Navy Federal Credit Union in order to receive the benefits of this program.  The cash back is only available with the purchase or sale of your home through the use of a program-referred and approved real estate agent, and is offered in most states, with the exception of Iowa, Alaska, and Oklahoma, and is not available in certain transactions with restricted agent commissions (including many new constructions, For Sale by Owner, or For Sale by iBuyer transactions). Your assigned agent can help you identify any transactions where the cash back would not be available. The amount of your cash back depends on the value of the property you are buying or selling. Obtaining the full $9,000 cash back requires transacting in a property valued at $3 million or greater.  To calculate your potential cash back amount, please visit the RealtyPlus website: The cash back offer is limited to one cash back per property with no limit on the number 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. In Kansas and Tennessee, a Mastercard® MAX gift card will be issued with preloaded points that are ready for spending at specified retail establishments after closing. State regulations in Kansas limit the dollar amounts and the type of incentive. In Mississippi, New Jersey, and Oregon, a commission reduction may be available at closing in lieu of cash back. Please check with the program coordinator for details. All real estate commissions are negotiable. Contact RealtyPlus for terms and conditions. Seller listing fees apply. This program is offered, in part, by Anywhere Leads Inc., which may receive a co-operative brokerage fee as a result of a referral to any affiliated real estate companies, including Better Homes and Gardens® Real Estate, Coldwell Banker®, Century 21®, ERA® Real Estate, and Corcoran. Program terms and conditions are subject to change at any time without notice. Additional terms, conditions, and restrictions apply. This is an advertisement and not a solicitation for agent representation if your property is currently listed with an agent. Anywhere Leads Inc., 175 Park Avenue, Madison, NJ 07940. Licensed broker in the state of Texas. Broker license #9009191.