Navy Federal Credit Union
Navy Federal Credit Union

Mortgages at a Glance

Navy Federal mortgage programs are designed to fit your needs and include:

  • Great rates
  • Qualification with little or no money down
  • Special mortgage options for military personnel, with 100% financing available1
  • Personal guidance from first call to closing, 7 days a week
  • Navy Federal servicing for the life of your loan
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Loans with FIXED payments for the life of the loan

Loan

May be right for you if...

Benefits

Conventional Fixed-Rate
  • You want the stability of fixed monthly payments
  • You expect interest rates to rise
  • You plan to stay in your home for a long time
  • Payments stay the same through term
  • No PMI for many loans
  • Biweekly payment option available
  • Jumbo financing available
Get Started
Federal Housing Administration (FHA)2
  • You're a first-time homebuyer seeking a low down payment1
  • You need more flexibility in qualifying
  • Payments stay the same through term
  • Maximum loan amounts are determined by property location
Get Started

100% Financing

HomeBuyers Choice
  • You're a first-time homebuyer
  • You don't have a down payment
  • Payments stay the same through term
  • No PMI required
  • Jumbo financing available
  • Refinance options available up to a maximum loan-to-value of 97%
Get Started

Military

Veterans Administration (VA)
  • You're an eligible veteran
  • You're looking for 100% financing1
  • Payments stay the same through term
  • Refi options up to 100%
Get Started
Active Duty Choice®
  • You're an Active Duty member
  • Payments stay the same through term
  • No PMI required
  • Easier qualification
Get Started

Loans with FLEXIBLE payment options

Loan

May be right for you if...

Benefits

Adjustable Rate Mortgage (ARM)
  • You need a larger loan amount but want to keep your payments lower
  • You plan to move or refinance in a certain number of years
  • You expect your income to increase
  • Lower fixed-rate loan payments for the initial term
  • Variety of initial terms, followed by interest rate adjustments
Get Started

Loans for additional property needs

Loan

May be right for you if...

Benefits

Second Home
  • The financing is for a weekend or vacation home that you may want to rent out for a portion of the year
  • Fixed-rate and adjustable rates available, including interest-only
  • No PMI for many loans
Get Started
Investment
  • The financing is for an investment property. Granted to individuals only.
  • Various repayment terms available
  • After initial term, choose to pay balance in full or refinance
Get Started



1100% financing loans include an additional funding fee, which may be financed up to the maximum loan amount. Product features are subject to approval.

2Federal Housing Administration (FHA) loans require a minimum of 3.5% down payment. FHA loans are subject to an up-front mortgage insurance premium of 1.75% of the loan amount, in addition to a monthly mortgage insurance premium, depending on the loan term and loan-to-value (LTV).

  • Mortgages5/5 ARM as low as+
    3.361%APR
  • Auto Loansas low as+
    1.49%APR
  • Certificatesas high as
    3.00%APY
  • Checkingas high as
    0.45%APY
  • Credit Cardsas low as++
    7.99%APR
  • More Rates