Can you get a mortgage with Navy Federal?



Can you get a mortgage with Navy Federal?

If you’re thinking about applying for a mortgage with Navy Federal, you must become a credit union member before you’re eligible for a loan mortgage. Even though the credit union provides various mortgage solutions, it’s clearly tailored to military needs.

What kind of loans does Navy Federal Credit Union offer?

The credit union also offers mortgages for second homes and investment properties. Navy Federal has two cornerstone loans geared to military members and their families: the HomeBuyers Choice Mortgage and the Military Choice Mortgage. The HomeBuyers Choice program is for first-time home buyers.

How much will Navy Federal match for lower mortgage rates?

If another lender offers a lower rate on your mortgage, Navy Federal will match this rate or give you $1,000. What’s noteworthy, too, is that Navy Federal doesn’t set a minimum credit score for mortgage approval.

How good is Navy Federal Credit Union customer service?

Navy Federal customer service reviews According to J.D. Power’s 2019 U.S. Primary Mortgage Origination Satisfaction Study, Navy Federal Credit Union ranks high for overall borrower satisfaction — a score of 882 on a 1,000-point scale. That puts it just above Quicken, the 10-year winner for non-military-specific mortgage lenders.