Navy Federal Credit Union believes in rewarding our Active Duty military and veteran members,1 and we're proving it with our Military Choice mortgage, available for primary and second homes.
Fixed rate (payments stay the same through term)
100% financing options available for primary home purchases2
No Private Mortgage Insurance (PMI) required
1.75% funding fee can be financed into the loan up to a maximum of 101.75% loan-to-value (LTV) ratio.
Seller contribution up to 6%
We offer both conforming and jumbo Military Choice mortgages. The maximum loan limit for conforming loans is typically $424,100, though the loan limit can vary by state and county. Jumbo loans are for amounts between $424,100 and $1 million.
RatesRates as of:
Fixed rate loan payments do not change for the entire term of the loan. Use the calculator to figure out how much you might pay and to view disclosure and payment example information.
Interest Rate Rates based on creditworthiness, so your rate may differ
Estimated Monthly Payment $Taxes & insurance not included, therefore the actual payment obligation will be greater.
Included with All Navy Federal Mortgages
Personal guidance from first call to closing
Navy Federal servicing for the life of your loan
1At least one borrower on the loan must be Active Duty or a veteran.
2Product features subject to approval. 100% financing loans include an additional funding fee, which may be financed up to the maximum loan amount. Available for purchase loans only.
3Rates are based on evaluation of credit history, loan-to-value, and loan term, so your rate may differ. Rates subject to change at any time. For primary residences only. Rates quoted above require a 1.000% loan origination fee. The origination fee may be waived for a 0.25% increase in the interest rate.
Mortgage Application Assistance
To find the best mortgage loan for you, or to get started on your application, just sign in to Account Access, then select the "Mortgage" under the "Open a New Account" tab. For mortgage application questions, please call 1-888-842-6328 to speak with a specialist.
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What This Means For You
When you open an account, we will ask you for your name, address, date of birth and other information that will allow us to identify you.