Founded in 1933, 's mission is to serve and enrich the lives of those in the military through its specialized home financing products.
With loans and lines of are these benefits:, you can borrow up to 100%of your home's with loans between $10,000 and $500,000. HELOCs have a 20-year draw period followed by a 20-year . Included with all
To see what other borrowers have said about their experience, check out the Navy Federal home equity loan reviews below.
wants to help you feel confident as you shop around for the right by offering its rate match guarantee. If you find a better rate with a different , will match the rate or give you $1,000 to compensate for the difference. To see if you qualify for the rate match guarantee, check out the following guidelines:
More lenders are offering rate match guarantees, but It is rare that a . will offer a rate match guarantee that offers a $1,000 compensation for not being able to match a competitor's rate. If you are in the middle of comparison shopping and you find a better deal elsewhere, consider approaching for the chance to secure a lower for your
or a . It has introduced a service called the Freedom Lock that allows borrowers to lower their for no extra cost. When you get a with , you have the opportunity to lock in a new up to a rate reduction of 0.5% within the first 60 days of your initial offer. In order to guarantee that you qualify for the Freedom Lock offer you must meet the following requirements: wants to make sure that you are receiving the best possible when you close on your
If rates go up, your initial, lower rate stays the same. This Freedom Lock program is exceptionally unique to a . is one of the only, if not the only , that lets borrowers change their upto two months after closing for no additional cost. If you want to guarantee the lowest possible, is a great option.
In addition to loans, has wide variety of other services
Service members, veterans, and spouses may be eligible for loans in addition to a :
If you are interested in looking into other types of home loans that are catered to those in the military, then you'll be impressed with the wide selection of options available to you.
It takes 30 to 45 days to close on a new through . While this timeline is relatively common, there are many other lenders that are notorious for closing on a much sooner. If you only have a short time frame to be involved in the process, then you may want to consider a ledner that prioritizes quicker closing times.
Hugo Fischer Tacoma, WA
8 months ago