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Navy Federal Credit Union

Helping Servicemembers Realize
the Dream of Homeownership

Eligible veterans, reservists, and Active Duty personnel and their eligible spouses with suitable credit, sufficient income and a valid Certificate of Eligibility (COE) can take advantage of 100% financing options with a VA Mortgage, guaranteed by the Department of Veterans Affairs. The property must be occupied by the veteran as their primary residence.

  • Finance options up to 100%1
  • Fixed rate (payments stay the same through term)
  • Max loan amounts determined by property location
  • No Private Mortgage Insurance (PMI) or Upfront Mortgage Insurance Premium (UMIP) required
  • Seller contributions up to 4% are allowed
  • Refinance options available
  • 2016 Loan Limits (Effective Jan. 1, 2016): VA's 2016 Loan Limits are the same as the Federal Housing Finance Agency's limits.

Rates Rates as of:

Fixed Rates

Fixed-rate loan payments don't 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.

Loan Type Interest Rates From2 Discount Points APR as Low As2
Calculator Apply
Term
15 years
Interest Rate
Rates based on creditworthi­ness, so your rate may differ
Loan Amount
Estimated Monthly Payment
$ Taxes & insurance not included, therefore the actual payment obligation will be greater.
Calculator Apply
Term
30 years
Interest Rate
Rates based on creditworthi­ness, so your rate may differ
Loan Amount
Estimated Monthly Payment
$ Taxes & insurance not included, therefore the actual payment obligation will be greater.

VA Streamline Refinances

The VA streamline refinance program is also known as the VA IRRRL, which stands for Interest Rate Reduction Refinancing Loan. It's exclusively for those with VA home loans.

If you currently have a VA loan, consider a VA IRRRL. It's an easy way to refinance your VA loan to the lowest fixed rate available and lower your monthly payments with minimal out-of-pocket costs.

  • Available for existing VA mortgages only
  • No appraisal required
  • No VA-required inspections
  • Fixed-rate terms

Note: Homes currently listed for sale aren't eligible for refinancing.