A smooth, easy, and convenient mortgage process.
A smooth, easy, and convenient mortgage process.
Special Loan Features
Freedom Lock¹
Enjoy the freedom to re-lock your rate. If rates go up, your rate stays the same. If rates go down, you’ll have a chance to re-lock within 60 days at the lower rate at no cost to you.
Loans with No Down Payment²
Get into your dream home without having to wait years to save. Navy Federal has mortgage options that don’t require money down.
No PMI Required
Navy Federal has loan options that don’t require PMI even if your down payment is less than 20%.
Your Financing Team
RealtyPlus Coordinator
You will work with a personal RealtyPlus Coordinator throughout your homebuying experience to facilitate a smooth transaction and ensure that you have the best possible real estate journey.
Real Estate Agent
Based on your specific needs, you will be able to select a specially trained agent from one of the most recognized brands in real estate to assist you in your home search.
Home Loan Advisor
Your loan advisor will offer guidance on financing your mortgage for the life of your loan with Navy Federal.
Special Loan Features
Research
Understand the mortgage process and terminology. Then calculate your payment to determine affordability. Finally, familiarize yourself with our rates.
Get Preapproved
A preapproval can help you learn how much you can confidently offer when you find the right home.
Find Home
Once you find a home with your real estate agent, submit the property address and contract to Navy Federal Credit Union to start the mortgage application process.
Processing
The next step is to schedule a property appraisal and inspection followed by a title review process. Then you will receive your final mortgage approval from your loan officer.
Close
Outside of your down payment, additional funds will be needed for closing. Work with your loan officer and real estate agent to confirm funds. Be sure to bring your photo ID.
Servicing
After you close on your home, Navy Federal Credit Union will help you manage payments online and through the Navy Federal App. We can also help you manage your insurance claims and access important documents such as your appraisal or deed of trust.
To get preapproved or apply for a mortgage with Navy Federal,
Visit Navy Federal or call 1-888-842-6328
to speak with a home loan advisor.
Disclosures
¹ Freedom Lock is available for new applications on purchase loans at no additional fee, with a maximum interest rate reduction of up to 0.25%. You will have the opportunity to re-lock one time if rates improve and your loan must close within sixty (60) days of initial lock.
² Product features subject to approval. 100% financing loans may include an additional funding fee, which may be financed up to the maximum loan amount. Available for purchase loans only.
