Just as important as finding the right home is finding the right mortgage to suit your needs and your budget. At Navy Federal, we work hard to offer the best choice of mortgages and will recommend the best one for you.
The following types of mortgages are available through Navy Federal.
|Fixed-Rate Conventional||A fixed-rate mortgage with principal and interest payments that never change. Choose from a variety of terms.|
|100% Financing||Ideal for first-time buyers. No down payment and no PMI are required.|
|Veterans Administration (VA) Loans||If you or you co-applicant is a veteran and you have a Certificate of Eligibility, this mortgage option may be a good choice.||
Lowers your payments, however does not reduce loan principal during the fixed term.
|Second Home||Two types of conventional mortgages, conforming and jumbo, are available. No PMI is required on many loans.|
|Investment||Low interest rates and terms favorable to investors.|